secwatch.observer — SEC 8-K summary
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Issuer:     OLAPLEX HOLDINGS, INC. (OLPX)
CIK:        0001868726
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001868726-23-000092
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868726/000186872623000092/0001868726-23-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868726/000186872623000092/olpx-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001868726-23-000092

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