---
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"
generated_at: "2026-06-05T07:24:59.080183+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Olaplex Q4 net sales down 14.5% to $111.7M; FY net sales down 34.9% to $458.3M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001868726-24-000005
- JSON: https://secwatch.observer/filing/0001868726-24-000005.json
- Plain text: https://secwatch.observer/filing/0001868726-24-000005.txt

## Key facts
- Earnings Releases
  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.
  - Period: fourth quarter and fiscal year ended December 31, 2023
  - Revenue: $111.7 million
  - Net income: $14,101
  - EPS: $0.02
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1868726/000186872624000005/0001868726-24-000005-index.htm

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