earnings
confidence high
sentiment positive
materiality 0.75
Olaplex Q2 2022 net sales up 38.6% to $210.9M; net income +77.7%; reaffirms FY22 guidance
OLAPLEX HOLDINGS, INC.
2022-Q2 EPS reported
$0.22
revenue$397,099,000
- Net sales $210.9M (+38.6% YoY); US sales +41.3%, international +35.2%.
- Specialty Retail channel grew 68.5% to $64.2M; Professional +32.7% to $105.5M; DTC +19.3%.
- Diluted EPS $0.13 (Q2 2022) vs $0.08 (Q2 2021); adjusted diluted EPS $0.14 vs $0.11.
- Adjusted EBITDA $133.1M, margin 63.1% vs 69.3% in prior year; adjusted net income $98.8M, +35.5%.
- Company re-affirms FY2022 guidance reflecting strong first-half momentum.