secwatch.observer — SEC 8-K summary
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Issuer:     OLAPLEX HOLDINGS, INC. (OLPX)
CIK:        0001868726
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001868726-23-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olaplex Q1 net sales $113.8M, down 38.9%; diluted EPS $0.03 vs $0.09
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868726/000186872623000034/0001868726-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868726/000186872623000034/olpx-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001868726-23-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer