earnings
confidence high
sentiment positive
materiality 0.80
Olaplex Q3 net sales up 81% to $161.6M; net income $56.6M; introduces FY2021 outlook
OLAPLEX HOLDINGS, INC.
2021-Q3 EPS reported
$0.22
revenue$431,867,000
- Net sales $161.6M (+81% YoY); gross margin improved 870 bps to 78.9%.
- Net income $56.6M ($0.08 diluted EPS); adjusted net income $74.4M ($0.11 diluted EPS).
- Adjusted EBITDA $106.8M (+63.3% YoY); margin 66.1% impacted by IPO-related costs of $4.3M.
- Segment growth: Professional +57.6%, Specialty Retail +128.1%, DTC +86.9%.
- Completed IPO during Q3; introduced fiscal 2021 outlook.