Coty Exec Says Implemented Pricing Through Fiscal 2023 Which Went Very Smoothly With Retailers And Also With Consumers As There Was No Elasticity Impact
Portfolio Pulse from Happy Mohamed
Coty has successfully implemented pricing through fiscal 2023, with no elasticity impact observed among retailers and consumers, according to a company executive during a conference call.

August 22, 2023 | 12:36 pm
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Coty's successful pricing implementation through fiscal 2023 indicates a positive reception from retailers and consumers, which could potentially boost the company's revenues.
The successful implementation of pricing by Coty through fiscal 2023, without any elasticity impact, suggests that the company's products are well-received by both retailers and consumers. This could potentially lead to increased sales and revenues, thereby positively impacting the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100