Overview
ODDITY Tech Q2 revenue rises 25% yr/yr, beating analyst expectations, per LSEG data
Adjusted EPS for Q2 beats consensus, per LSEG data
Co plans Brand 3 launch, expanding into medical-grade products
Outlook
ODDITY raises FY2025 revenue outlook to $799-804 mln
Company expects FY2025 adjusted EBITDA of $160-162 mln
ODDITY forecasts Q3 revenue between $144 mln and $146 mln
Company sees FY2025 adjusted EPS between $2.06 and $2.09
Result Drivers
ONLINE REVENUE GROWTH - Double-digit online revenue growth for IL MAKIAGE and SpoiledChild contributed to Q2 results
INTERNATIONAL EXPANSION - Accelerated international expansion supported revenue growth
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$241 mln
$238.40 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$0.92
$0.88 (7 Analysts)
Q2 EPS
$0.79
Q2 Adjusted Net Income
Beat
$57 mln
$52.90 mln (5 Analysts)
Q2 Adjusted EBITDA
Beat
$70 mln
$67.30 mln (5 Analysts)
Q2 Gross Margin
72.3%
Q2 Adjusted EBITDA Margin
28.8%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the personal products peer group is "buy"
Wall Street's median 12-month price target for Oddity Tech Ltd is $72.50, about 1.1% above its August 1 closing price of $71.70
The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 29 three months ago
Press Release: ID:nGNX6n5fdg
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)