earnings
confidence high
sentiment neutral
materiality 0.60
Olaplex Q3 revenue up 9.2% to $176.5M; adjusted EPS flat at $0.11
OLAPLEX HOLDINGS, INC.
2022-Q3 EPS reported
$0.30
revenue$573,553,000
- Net income rose 7.4% to $60.8M; adjusted net income fell 1.6% to $73.3M.
- Specialty Retail sales surged 60.1% to $74.2M; Professional channel fell 16.0% to $63.0M.
- U.S. net sales declined 4.3%; international net sales increased 27.8%.
- Adjusted EBITDA margin contracted to 57.8% from 66.1% a year ago.
- CEO cited moderating growth trends and plans to strengthen forecasting and drive demand.