Olaplex's Sales Dropped 13.1 Percent in Q1 [Yahoo! Finance]
Olaplex Holdings, Inc. (OLPX)
Company Research
Source: Yahoo! Finance
Rita Ora Talks Impostor Syndrome and Hair Care With Natalia Vodianova SickScience Tackles Hair Growth With Second Product Net sales at the beleaguered hair care company fell 13.1 percent to $98.9 million in the quarter ending March 31. By channel, the professional channel fell 19.9 percent to $38.7 million; specialty retail slid 1.2 percent to $34.4 million, and direct-to-consumer dropped 15.7 percent to $25.7 million. In the U.S., sales rose 2.5 percent, while the international business slid 24.3 percent. Net income plummeted 63.1 percent and adjusted net income decreased 34.4 percent. Diluted earnings per share fell to $0.01, while adjusted diluted EPS dropped to $0.03. Olaplex is still maintaining its guidance for fiscal 2024, anticipating between $435 million and $463 million in net sales. “Our first quarter results represent progress on the business transformation plan that we outlined earlier this year. I am encouraged with our performance to date and believe we are
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OLPX
News
- Olaplex Holdings, Inc. (NASDAQ:OLPX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Olaplex Holdings' (NASDAQ:OLPX) Returns On Capital Not Reflecting Well On The Business [Yahoo! Finance]Yahoo! Finance
- Olaplex Holdings, Inc. (NASDAQ: OLPX) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $2.00 price target on the stock.MarketBeat
- Olaplex (OLPX) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Olaplex's (NASDAQ:OLPX) Q1: Beats On Revenue [Yahoo! Finance]Yahoo! Finance
OLPX
Earnings
- 5/2/24 - In-Line
OLPX
Sec Filings
- 5/13/24 - Form 144
- 5/9/24 - Form 3
- 5/7/24 - Form 4
- OLPX's page on the SEC website