On November 7, Coty (COTY) stock fell 22.5% after it released its dismal earnings results for the first quarter of fiscal 2019.
The New York–based Revlon (REV) reported its results for 1Q18 before the bell today. The cosmetics giant fell short of both top- and bottom-line expectations for the quarter.
Company & Industry Overviews
In 2013, Walmart closed 29 underperforming stores in China. It also announced a revamp. It planned to open 110 new stores in focused geographies.