{"schema_version":"secwatch.filing_event.v1","accession":"0001868726-23-000034","form_type":"8-K","ticker":"OLPX","cik":"0001868726","company_name":"OLAPLEX HOLDINGS, INC.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.392464+00:00","generated_at":"2026-06-15T10:22:10.157625+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Olaplex Q1 net sales $113.8M, down 38.9%; diluted EPS $0.03 vs $0.09","bullets":["Net sales fell 38.9% to $113.8M; net income down 66.2% to $21.0M.","Diluted EPS $0.03 (adjusted $0.05) vs $0.09 ($0.13) year ago.","Professional channel -37.2%, Specialty Retail -45.8%, DTC -31.9%.","US sales dropped 60.3%; international essentially flat at +0.1%.","Gross margin contracted to 71.0% from 75.8%; adjusted EBITDA margin 44.0% vs 67.9%."],"urls":{"canonical":"https://secwatch.observer/filing/0001868726-23-000034","json":"https://secwatch.observer/filing/0001868726-23-000034.json","markdown":"https://secwatch.observer/filing/0001868726-23-000034.md","text":"https://secwatch.observer/filing/0001868726-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868726/000186872623000034/0001868726-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868726/000186872623000034/olpx-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T10:22:10.157625+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dd309de4e1627d6d950b7a0a4ebc56d771a153a9","claim":"OLAPLEX HOLDINGS, INC. reported first quarter ended March 31, 2023 results: revenue $113.8 million, EPS $0.03.","evidence_excerpt":"consistent and sustained sales growth at continued top-tier profitability in the future.\" For the first quarter of 2023 compared to the first quarter of 2022: • Net sales were $113.8 million, down 38.9%; ◦ By channel: ▪ Professional was $48.4 million, down 37.2%; ▪ Specialty Retail was $34.9 million, down 45.8%; ▪ Direct-To-Consumer was $30.5 million, down 31.9%; ◦","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868726/000186872623000034/0001868726-23-000034-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$113.8 million"},{"label":"EPS","value":"$0.03"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}