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OLPX — Olaplex Holdings News Story

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Olaplex Q3 sales beat estimates

Overview

Olaplex Q3 net sales decreased 3.8% yr/yr but beat analyst expectations

Adjusted EBITDA for Q3 beat analyst expectations

Net income for Q3 decreased 24.8% yr/yr

Outlook

Olaplex reaffirms fiscal 2025 net sales guidance of $410 mln to $431 mln

Company expects adjusted gross profit margin of 70.5% to 71.5% for 2025

Olaplex anticipates adjusted EBITDA margin of 20% to 22% for fiscal 2025

Result Drivers

SALES CHANNEL PERFORMANCE - Specialty Retail and Direct-To-Consumer sales declined, while Professional channel sales increased

INTERNATIONAL GROWTH - Net sales increased 7.1% internationally, offsetting some U.S. declines

INVESTMENTS AND PRODUCT LAUNCHES - Co attributes results to investments in sales, marketing, and new product introductions

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesBeat$114.58 mln$110.59 mln (6 Analysts)
Q3 EPS$0.02
Q3 Adjusted EBITDABeat$30.79 mln$27.93 mln (7 Analysts)
Q3 Adjusted EBITDA Margin26.90%
Q3 Gross Profit$79.20 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and 1 "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 $1.75, about 39.4% above its November 5 closing price of $1.06 The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 19 three months ago Press Release: ID:nGNX3ztk54 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

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