On Tuesday, Coty Inc. $COTY, the parent company of beauty brands such as CoverGirl, lowered its profit forecast for the fiscal year 2025. This adjustment, attributed to macroeconomic challenges and ongoing tariff uncertainties, has had a noticeable effect on the company’s stock price, which dropped by approximately 3% in after-hours trading. Additionally, Coty announced that it would delay its upcoming investor day by several months, further highlighting the company's cautious approach amidst these unpredictable economic conditions.