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Cooper Companies cuts Coopervision growth forecast, shares drop 15%

Market News
11 Sep 2026
PRNewsWire
View Source
Bearish
Cooper Companies cuts Coopervision growth forecast, shares drop 15%

Cooper Companies reduced its fiscal 2026 growth forecast for its Coopervision unit from 4.5-5.5% to just 1-2%, citing proactive inventory reductions in the U.S. This revision caused the company's shares to fall nearly 15% after quarterly revenue missed Wall Street estimates by about $30 million. The company also projects a 1% decline in growth for the third quarter. An investigation is underway into whether Cooper Companies misled investors about Coopervision's growth outlook and inventory conditions, with legal counsel offering free loss reviews to affected shareholders.

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