secwatch.observer — SEC 8-K summary
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Issuer:     OLAPLEX HOLDINGS, INC. (OLPX)
CIK:        0001868726
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001868726-24-000086
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olaplex Q3 net sales down 3.6% to $119.1M, EPS $0.02; cuts FY2024 outlook
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- Net sales $119.1M, down 3.6% YoY; Professional channel fell 12.6%, DTC rose 6.8%.
- Diluted EPS $0.02 vs $0.03; adjusted diluted EPS $0.04 vs $0.05.
- Net income $14.8M, down 27.3%; adjusted net income down 13.8%.
- Company revises FY2024 guidance downward, citing international business realignment.
- Adjusted EBITDA margin declined to 37.5% from 41.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868726/000186872624000086/0001868726-24-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868726/000186872624000086/olpx-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001868726-24-000086

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