18:25 ETCOTY SHAREHOLDER NOTICE: Coty Inc. (COTY) Sued After Surprise Profit Decline, CEO Exit, and Withdrawn 2026 Guidance -- Hagens Berman

prnewswire
2026.04.27 22:25
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Coty Inc. (NYSE: COTY) is facing a securities class action lawsuit following a significant profit decline, the abrupt exit of CEO Sue Y. Nabi, and the withdrawal of its 2026 financial guidance. The lawsuit, initiated by Hagens Berman, targets investors who acquired Coty shares between November 5, 2025, and February 4, 2026. The company's Q2 2026 earnings report revealed a 70% drop in Consumer Beauty's operating income and an 18% decline in Prestige's operating income, leading to an over 8% drop in share price. Investors are urged to report losses and assist in the investigation.