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Beauty sector mounts a comeback

Published 08/07/2017, 11:41 AM
© Reuters.  Beauty sector mounts a comeback
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  • Shares of Revlon (REV +6.3%) and Avon Products (AVP +1.4%) take back some ground lost after both beauty companies posted subpar Q2 results last week. Coty (COTY +1%) and Estee Lauder (EL +1.1%) are also higher on the day.
  • Some analysts have suggested that the sector is oversold off of concerns on department store discounting.
  • Previously: Revlon reports Q2 results (Aug. 4)
  • Previously: Avon Products misses by $0.10, misses on revenue (Aug. 3)
  • Now read: Coty, Inc.: Getting Serious About China Through E-Commerce


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