secwatch.observer — SEC 8-K summary
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Issuer:     OLAPLEX HOLDINGS, INC. (OLPX)
CIK:        0001868726
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001868726-24-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olaplex Q2 revenue down 4.8% to $103.9M; reiterates FY2024 guidance
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- Net sales $103.9M, down 4.8% YoY; diluted EPS flat at $0.01, adjusted EPS flat at $0.03.
- Specialty retail up 22.4% to $36.4M; professional down 18.4% to $33.4M; DTC down 11.5% to $34.1M.
- US sales up 7.3%, international sales down 15.1%.
- Reiterated fiscal year 2024 guidance; management cites continued stabilization and transformation progress.
- Net income $5.8M (down 6.1%); adjusted net income $18.8M (down 11.6%); EBITDA margin 30.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868726/000186872624000044/0001868726-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868726/000186872624000044/olpx-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001868726-24-000044

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