The Cooper Companies Inc

COO: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$81.00	Dchlzs	Ytmklghpv

Cooper Earnings: Robust Product Offerings Bring Strong Growth Momentum Into the New Year

Keonhee Kim ,

Mar 1, 2024

Narrow-moat Cooper Companies reported fiscal first-quarter results slightly above our expectations. Total sales were up 8.5% year over year, mainly driven by the strong performance of premium toric and multifocal lenses and contributions from the acquired Cook Medical assets. We maintain our $86 fair value estimate as our model adjustments were not significant enough to change our valuation.

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