Olaplex Q1 sales beat expectations on professional, direct-to-consumer channel strength

Olaplex Holdings

11/05/2026 11:53

Overview

US hair care company's Q1 sales rose 2.5% yr/yr, beating analyst expectations

Adjusted net income and adjusted EBITDA for Q1 beat analyst expectations

Company will not update guidance due to pending acquisition by Henkel

Outlook

Company will not provide or update financial guidance due to pending acquisition by Henkel

Result Drivers

NEW PRODUCT LAUNCH - Co said Q1 sales growth was led by the launch of No. 3 PLUS

CHANNEL MIX - Sales rose in professional and direct-to-consumer channels but declined in specialty retail; international sales increased while U.S. sales fell

TRANSFORMATION PRIORITIES - Co attributed higher sales to operational execution of transformation priorities, per CEO Amanda Baldwin

Company press release: ID:nGNXMrSCj

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$99.37 mln
$94.17 mln (7 Analysts)
Q1 EPS
-$0.01
Q1 Adjusted Net Income
Beat
$10.65 mln
$7.22 mln (6 Analysts)
Q1 Adjusted EBITDA
Beat
$18.98 mln
$13.95 mln (8 Analysts)
Q1 Adjusted EBITDA Margin
19.10%
Q1 Gross Profit
$71.66 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 9 "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 Olaplex Holdings Inc is $2.00, about 1.7% below its May 8 closing price of $2.04

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)