cosmetics Archives - CFO

Coty Misses Estimates as Sales Plunge 62%

Financial Performance

Coty Misses Estimates as Sales Plunge 62%

“The coronavirus-induced closure of stores and parlors hammered demand for [Coty’s] beauty products” in the fourth quarter.

By Matthew Heller | August 27, 2020

KKR Makes $750 Million Beauty Bet on Coty

KKR Makes $750 Million Beauty Bet on Coty

The investment is the first step toward a broader deal under which KKR would acquire 60% of Coty's professional beauty and hair care business.

By Matthew Heller | May 12, 2020

Avon in ‘Advanced’ Sale Talks With Brazilian Firm

Avon in ‘Advanced’ Sale Talks With Brazilian Firm

Natura Cosméticos "believes it can revive the fortunes of the company historically known for its doorstep Avon Lady sellers."

By Matthew Heller | May 22, 2019

Avon Turnaround Proceeding Slowly

Avon Turnaround Proceeding Slowly

The cosmetics company posted breakeven earnings per share and sales fell year-over-year.

By William Sprouse | November 1, 2018

Avon Stock Dives on ‘Unsatisfactory’ Results

Financial Performance

Avon Stock Dives on ‘Unsatisfactory’ Results

The beauty company's new CEO says it is implementing "near-term fixes" and "moving with deliberate urgency to design our turnaround plan."

By Matthew Heller | May 3, 2018

Revlon Earnings Hit by Weak U.S. Retail Sales

Financial Performance

Revlon Earnings Hit by Weak U.S. Retail Sales

The company posted “continuing declines across several beauty categories within the U.S. mass retail channel" in Q4.

By Matthew Heller | March 16, 2018

Estee Lauder Buys Too Faced Brand for $1.45B

The acquisition of the maker of quirky cosmetics is expected to elevate Estee Lauder's profile among millenial consumers.

By Matthew Heller | November 15, 2016

Avon Weighing Sale of North America Unit?

Avon Weighing Sale of North America Unit?

The struggling cosmetics company postponed an investor meeting, sparking rumors of a major strategic move.

By Matthew Heller | April 14, 2015