U.S. Stocks Decline Amid Mixed Q4 Results from Coty, Canadian Solar, and Bilibili.

Coty Inc. shares fell 21.4% in pre-market trading after posting mixed Q4 fiscal results, with revenue of $1.25 billion beating estimates but an adjusted loss of 5 cents per share missing expectations. Other stocks moving lower include Canadian Solar Inc., Shineco Inc., Xunlei Limited, Rocket Pharmaceuticals Inc., Telefónica, S.A., SuperX AI Technology Limited, and Bilibili Inc.

Title: Coty Inc. Shares Plummet After Mixed Q4 Fiscal Results

Coty Inc. (COTY) shares experienced a significant drop of 21.4% in pre-market trading on Thursday following the release of its mixed Q4 fiscal results. The company reported revenue of $1.25 billion, which surpassed Wall Street estimates of $1.20 billion, but an adjusted loss of 5 cents per share missed analysts' expectations [1].

The beauty conglomerate, known for its brands such as Max Factor and Gucci, faced challenges in the consumer beauty segment, which saw a 12% sales drop. Meanwhile, the prestige business, including brands like Kylie Cosmetics and fragrances by Gucci and Marc Jacobs, recorded a 5% decrease. The company's CEO, Sue Nabi, attributed the results to cautious retailer ordering, softness in U.S. demand, and slower fragrance sales after a strong fiscal 2024 [2].

Looking ahead, Coty expects like-for-like sales to decline 6% to 8% in its fiscal first quarter and 3% to 5% in the second quarter, before returning to growth in the second half of the fiscal year 2026. The company also anticipates adjusted EPS of $0.33 to $0.36 in the first half of its fiscal year, with stronger gains expected in the back half. Analysts are projecting full-year adjusted earnings of about $0.50 per share [3].

Other notable moves in pre-market trading included Canadian Solar Inc. (CSIQ) down 9.3%, Shineco Inc. (SISI) down 8.3%, Xunlei Limited (XNET) down 5.1%, Rocket Pharmaceuticals Inc. (RCKT) down 5.1%, Telefónica, S.A. (TEF) down 4.5%, SuperX AI Technology Limited (SUPX) down 3%, and Bilibili Inc. (BILI) down 2.8% [4].

Coty's shares have fallen nearly 30% year-to-date, following a 44% drop in 2024. The company is also considering job cuts and potential strategic moves, including a possible sell-off of its Luxury and Consumer divisions [5].

References
[1] https://www.investopedia.com/coty-reports-a-surprise-loss-as-retailers-pull-back-on-orders-11795019
[2] https://finance.yahoo.com/news/coty-shares-drop-much-17-214239989.html
[3] https://stocktwits.com/news-articles/markets/equity/why-are-coty-shares-sliding-premarket/chsSpByRdLs
[4] https://www.benzinga.com/trading-ideas/movers/25/08/47256419/coty-bilibili-canadian-solar-and-other-big-stocks-moving-lower-in-thursdays-pre-market-session
[5] https://sherwood.news/markets/coty-shares-sink-after-the-beauty-conglomerate-posts-surprise-q4-loss/