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WALD Waldencast News Story

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Waldencast falls after quarterly sales miss

** Shares of beauty and wellness platform Waldencast WALD.O drop about 11.2% at $2.66

** Posts Q2 net sales $66.8 million compared to estimates of $67.7 million - data compiled by LSEG

** Expects net sales to be broadly in line with 2024 and adjusted EBITDA margin in the high-single digits

** Sees a limited increase in cost of goods to offset tariff impact

** As of last close, stock down ~23% YTD

(Reporting by Koyena Das)

((Koyena.das@thomsonreuters.com))

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