Coty Inc. Q2 2026 Earnings Call Highlights: Strategic Shifts and Challenges Ahead

Coty Inc is focusing on its iconic brands like CoverGirl and Rimmel, streamlining innovation bundles, and reallocating resources to digital marketing and AI. The company is investing in new channels like Amazon and TikTok and planning significant initiatives in its Prestige segment. However, Coty has been underperforming the market and is facing challenges in the consumer beauty segment, including gross margin pressure and fixed cost under absorption. Improvements will take time, according to the company.