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Coty cuts annual profit forecast

May 26, 2025 2:17 AM

May 6 (Reuters) -

CoverGirl parent Coty ( COTY ) cut its annual profit

forecast on Tuesday, signaling soft demand for cosmetics in the

U.S. in the face of inflationary pressures.

The company expects 2025 per-share profit to be between 49

and 50 cents, compared with its prior forecast of 50 to 52

cents.

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