Beauty Health Q2 sales miss estimates on lower delivery systems
Beauty Health Q2 sales miss estimates on lower delivery systems
Overview
US medical aesthetics firm's Q2 sales fell 7.8% yr/yr, missing analyst expectations
Adjusted EBITDA for Q2 beat analyst estimates, driven by improved gross margin and lower expenses
Company attributed gross margin improvement to reduced product costs and inventory charges vs prior year
Outlook
Company sees Q3 2026 net sales between $65 mln and $70 mln
Company expects Q3 2026 adjusted EBITDA of $5 mln to $7 mln
Company forecasts 2026 net sales of $280 mln to $290 mln
Company expects 2026 adjusted EBITDA of $39 mln to $46 mln
Company says guidance reflects continued sales pressure and ongoing cost discipline
Result Drivers
SALES PRESSURE - Co said lower delivery systems and consumables net sales drove the decline in Q2 revenue
OPERATING EXPENSES - Co said lower personnel-related expenses reduced operating and adjusted operating expenses
GROSS MARGIN IMPROVEMENT - Co attributed higher gross margin to elevated product costs and inventory charges in the prior year
Company press release: ID:nGNX2C0Jlt
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Miss | $72.10 mln | $74.29 mln (9 Analysts) |
Q2 Net Loss |
| $2.70 mln |
|
Q2 Adjusted EBITDA | Beat | $17 mln | $11.62 mln (9 Analysts) |
Q2 Adjusted Gross Margin |
| 71.80% |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and 2 "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 Skinhealth Systems Inc is $1.03, about 45.3% above its August 5 closing price of $0.71
Reuters Recommended Reads
Aug 5 - Evolus Q2 revenue rises 21%, lifts 2026 outlook
Aug 5 - InMode Q2 revenue beats estimates on steady U.S. demand
Aug 5 - Elf Beauty raises annual forecasts betting on international expansion drive
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.)