{"schema_version":"secwatch.filing_event.v1","accession":"0001868726-23-000061","form_type":"8-K","ticker":"OLPX","cik":"0001868726","company_name":"OLAPLEX HOLDINGS, INC.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.927569+00:00","generated_at":"2026-06-12T02:59:04.715816+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Olaplex Q2 net sales down 48% to $109M; revises FY2023 guidance lower","bullets":["Net sales $109.2M (-48.2% YoY); net income $6.2M vs $87.7M; diluted EPS $0.01 vs $0.13.","Channel declines: Professional -61.2% ($40.9M), Specialty Retail -53.7% ($29.8M), DTC -6.4% ($38.5M).","US net sales down 58.7% and international down 34.0% YoY in Q2.","Revised FY2023 outlook downward due to slower demand and inventory adjustments.","Adjusted EBITDA $36.7M vs $133.1M YoY, margin fell from 63.1% to 33.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001868726-23-000061","json":"https://secwatch.observer/filing/0001868726-23-000061.json","markdown":"https://secwatch.observer/filing/0001868726-23-000061.md","text":"https://secwatch.observer/filing/0001868726-23-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868726/000186872623000061/0001868726-23-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868726/000186872623000061/olpx-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:59:04.715816+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":"54f96bbae9f6ae87a5945f888fca7a5a659c8958","claim":"OLAPLEX HOLDINGS, INC. updated its fiscal year 2023 guidance (lowered).","evidence_excerpt":"we have updated our assumptions for the remainder of the year and reduced our fiscal 2023 outlook.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868726/000186872623000061/0001868726-23-000061-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year 2023"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"6498c6199b1877e9d3c03d1ab7469a14a6c92a57","claim":"OLAPLEX HOLDINGS, INC. reported the second quarter ended June 30, 2023 results: revenue $109.2 million, net income $6.2 million, EPS $0.01. Guidance reaffirmed.","evidence_excerpt":"backed by science and technology, we remain confident in our long-term opportunities.\" For the second quarter of 2023 compared to the second quarter of 2022: • Net sales were $109.2 million, down 48.2%; ◦ By channel: ▪ Professional was $40.9 million, down 61.2%; ▪ Direct-To-Consumer was $38.5 million, down 6.4%; and ▪ Specialty Retail was $29.8 million, down 53.7%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868726/000186872623000061/0001868726-23-000061-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$109.2 million"},{"label":"Net income","value":"$6.2 million"},{"label":"EPS","value":"$0.01"},{"label":"Guidance","value":"reaffirmed"},{"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"}