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Earnings · Financial
Olaplex Holdings reported quarterly results
fourth quarter margin: “◦ The Company expects that adjusted gross profit margin will be lower than previously anticipated primarily due to greater deleverage from lower sales volumes on its fixed warehousing costs, as well as additional promotional activity expected during the fourth quarter of 2024.”
SEC filingas of
Earnings · Financial
Olaplex Holdings reported quarterly results
fiscal year sales: “• Adjusted EBITDA phasing: ◦ The Company expects Adjusted EBITDA margin in the range of approximately 46.4% to 50.8% for fiscal year 2023, assuming the fiscal 2023 net sales and Adjusted EBITDA ranges reflected in the fiscal 2023 guidance above.”
second quarter sales: “The fiscal 2023 net sales, Adjusted net income and Adjusted EBITDA guidance set forth above are approximations and are based on the Company’s plans and assumptions for the relevant period, including, but not limited to, the following: • Second Quarter 2023 Net Sales: ◦ The Company expects net sales in the second quarter of 2023 to modestly improve on a sequential basis from the first quarter of 2023, and remain down significantly compared to a year ago.”
SEC filingas of
Earnings · Financial
Olaplex Holdings reported quarterly results
first quarter sales: “Assuming fiscal 2023 net sales at the midpoint of the range reflected in the fiscal 2023 net sales guidance above, the Company expects net sales to decline in the three months ending March 31, 2023 (“first quarter”), as compared to the first quarter of 2022, as follows: (Expected decreases are approximate) Q1 2023 Q1 2022 Change in Net Sales (41)% 57.6% Change in Sales by Channel Professional (43)% 62.6% Specialty Retail (47)% 102.5% DTC (28)% 15.1% The fiscal 2023 net sales, Adjusted net income and Adjusted EBITDA guidance set forth above are approximations and are based on the Company’s plans and assumptions for the relevant period, including, but not limited to, the following: • First Quarter 2023 Net Sales: ◦ The Company expects continued negative impact from inventory rebalancing at certain professional and specialty retail customers, which is expected to lower year over year net sales for the first quarter of 2023 by approximately $25 million (based on the midpoint of the range reflected in the fiscal 2023 net sales guidance above) as compared to the prior year.”
fiscal year sales: “• Adjusted EBITDA phasing: ◦ The Company expects Adjusted EBITDA margin of approximately 48.7% for fiscal year 2023, assuming fiscal 2023 net sales and Adjusted EBITDA at the midpoint of the range reflected in the fiscal 2023 net sales guidance above.”
second quarter sales: “• Second Quarter 2023 Net Sales: ◦ The Company expects net sales in the second quarter of 2023 to sequentially improve from the first quarter of 2023, but remain down significantly compared to a year ago.”
SEC filingas of
Earnings · Financial
Olaplex Holdings reported quarterly results
fourth quarter sales: “1 Assuming fiscal 2022 sales at the midpoint of the range reflected in the updated fiscal 2022 net sales guidance above, the Company’s implied expectation for net sales growth in the three months ending December 31, 2022 (“fourth quarter”) as compared to the fourth quarter of 2021 is: (Expected increases and decreases are approximate) Q4 2022 Q4 2021 Change in Net Sales (20 )% 78.7 % Change in Sales by Channel Professional (4 )% 9 % Specialty Retail (36 )% 332 % DTC (19 )% 85 % Change in Sales by Geography US (21 )% 95 % International (19 )% 61 % Webcast and Conference Call Information The company will host an investor conference call and webcast to discuss its business outlook today at 5:00 pm ET today.”
third quarter sales: “Overall, we continue to expect fiscal 2022 to represent another significant year of strong growth, profitability and cash generation.” Third Quarter Highlights On a preliminary, unaudited basis, the Company currently expects third quarter 2022: • Net sales of approximately $176.5 million, representing an increase as compared to the prior year of 9.2% from $161.6 million in the three months ended September 30, 2021 (the “2021 third quarter”); • By channel: • Professional to decline approximately 16%; • Specialty Retail to increase approximately 60%; and • DTC to decline approximately 3%.”
SEC filingas of
History · Corporate
Olaplex acquired by Advent International
Olaplex was acquired by Advent International in 2019.
Wikipediaas of
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