{"schema_version":"secwatch.filing_event.v1","accession":"0001868726-24-000005","form_type":"8-K","ticker":"OLPX","cik":"0001868726","company_name":"OLAPLEX HOLDINGS, INC.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.166672+00:00","generated_at":"2026-06-05T07:24:59.080183+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 Q4 net sales down 14.5% to $111.7M; FY net sales down 34.9% to $458.3M","bullets":["Q4 2023 net sales $111.7M vs $130.7M YoY (-14.5%); U.S. sales declined 27.9%, international down 0.7%.","Q4 diluted EPS $0.02 vs $0.05 YoY; adjusted diluted EPS $0.03 vs $0.07.","FY 2023 net sales $458.3M vs $704.3M (-34.9%); net income fell 74.8% to $61.6M.","Professional channel sales down 22.7% in Q4; Direct-to-Consumer down 2.8%; Specialty Retail down 16.3%.","CEO Amanda Baldwin said results in line with expectations; focused on stabilizing demand for 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001868726-24-000005","json":"https://secwatch.observer/filing/0001868726-24-000005.json","markdown":"https://secwatch.observer/filing/0001868726-24-000005.md","text":"https://secwatch.observer/filing/0001868726-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1868726/000186872624000005/0001868726-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1868726/000186872624000005/olpx-20240229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:24:59.080183+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":"7bffa37e14328f01535130cc54325f6a2b562320","claim":"OLAPLEX HOLDINGS, INC. reported fourth quarter and fiscal year ended December 31, 2023 results: revenue $111.7 million, net income $14,101, EPS $0.02.","evidence_excerpt":"results for the fourth quarter and fiscal year ended December 31, 2023. For the fourth quarter 2023 compared to the fourth quarter 2022 : • Net sales decreased 14.5% to $111.7 million; ◦ Net sales decreased 27.9% in the United States and decreased 0.7% internationally ◦ By channel: ▪ Professional decreased 22.7% to $42.5 million; ▪ Direct-To-Consumer decreased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1868726/000186872624000005/0001868726-24-000005-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$111.7 million"},{"label":"Net income","value":"$14,101"},{"label":"EPS","value":"$0.02"},{"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"}