Coty Inc., the parent company of the renowned CoverGirl brand, recently announced a lower-than-expected first-quarter sales growth forecast, attributing the decline to tightening retail inventory management and weakened consumer spending. This revelation has triggered a notable dip in the company’s shares, falling by 6% in after-market trading, illustrating the ripple effect that corporate forecasts can […]
Tag: #MacroeconomicChallenges
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