3070 Bristol Pike, Suite 112, Bensalem, PA 19020
Call Us: (215) 638-4847 |
Fax: (215) 638-4867
Press Release
hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in The Cooper Companies, Inc. (NASDAQ: COO) prior to September 9, 2026.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by stuffing its channels of distribution to artificially increase revenue.
On September 9, 2026, Cooper Companies announced third quarter 2026 results. Among other things, the Company “reported revenue of $717 million, essentially flat year-over-year” and stated that “the results in the Americas reflected CooperVision’s U.S. channel inventory reductions.” The Company further stated that it “proactively reduced U.S. channel inventory that weighed on our results and will continue to impact Q4.” Cooper also lowered its full-year guidance, explaining that “the entire reason for the reduction in the revenue guidance for CooperVision was tied to just channel inventory.” Revenue guidance was reduced by approximately 1.4%, or $59.5 million at the midpoint, to $4.24 billion, while EPS guidance was reduced by approximately 1.8%, or $0.09 at the midpoint, to a range of $4.51 to $4.55. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in The Cooper Companies, Inc. (NASDAQ: COO) prior to September 9, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
Copyright © 2026 The Law Offices of Howard G. Smith. All Rights Reserved.