---
schema_version: "secwatch.filing_event.v1"
accession: "0001868726-23-000092"
form_type: "8-K"
ticker: "OLPX"
cik: "0001868726"
company_name: "OLAPLEX HOLDINGS, INC."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T17:39:39.356881+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Q3 net sales down 30% YoY to $123.6M; adjusted diluted EPS $0.05 vs $0.11

## Summary
- Net sales of $123.6M, down 30.0% YoY; Specialty Retail fell 41.8%, Professional -23.3%, DTC -18.2%.
- Net income $20.4M (diluted EPS $0.03) vs $60.8M ($0.09) YoY; adjusted net income $33.4M ($0.05 adjusted EPS).
- Adjusted EBITDA $51.5M (41.7% margin) vs $102.0M (57.8% margin) in Q3 2022.
- Management cites progress stabilizing sales trend in H2 2023 with increased investments.

## SEC filing metadata
- accession: 0001868726-23-000092
- form_type: 8-K
- ticker: OLPX
- cik: 0001868726
- company_name: OLAPLEX HOLDINGS, INC.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868726/000186872623000092/0001868726-23-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868726/000186872623000092/olpx-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868726-23-000092
- JSON: https://secwatch.observer/filing/0001868726-23-000092.json
- Plain text: https://secwatch.observer/filing/0001868726-23-000092.txt

## Key facts
- Earnings Releases
  OLAPLEX HOLDINGS, INC. reported the third quarter ended September 30, 2023 results: revenue $123.6 million, net income $20.4 million, EPS $0.03.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $123.6 million
  - Net income: $20.4 million
  - EPS: $0.03
  - Result: reported results
  source text: changes that we believe will position the brand for long-term profitable growth." For the third quarter of 2023 compared to the third quarter of 2022: • Net sales were $123.6 million, down 30.0%; ◦ By channel: ▪ Professional was $48.3 million, down 23.3%; ▪ Specialty Retail was $43.2 million, down 41.8%; and ▪ Direct-To-Consumer was $32.1 million, down 18.2%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868726/000186872623000092/0001868726-23-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
