OLPX Stock Recent News

While hair loss concerns likely caused some brand damage, Olaplex's primary issue appears to be competition. As a result of increased competition, Olaplex faces declining sales and gross margins and rising operating expenses. New management and a shift in strategy could change this situation but I am skeptical.

Olaplex Holdings, Inc. (NASDAQ:OLPX ) Q4 2024 Earnings Conference Call March 4, 2025 9:00 AM ET Company Participants Allison Malkin – Investor Relations Amanda Baldwin – Chief Executive Officer Catherine Dunleavy – Chief Operating Officer and Chief Financial Officer Conference Call Participants Susan Anderson – Canaccord Genuity Olivia Tong – Raymond James Ashley Helgans – Jefferies Lauren Lieberman – Barclays Dana Telsey – Telsey Advisory Group Operator Greetings and welcome to Olaplex Holdings, Inc.'s Fourth Quarter 2024 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.

The headline numbers for Olaplex (OLPX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

NEW YORK, NY, March 04, 2025 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ: OLPX) ("OLAPLEX" or the "Company") today announced financial results for the fourth quarter and fiscal year ended December 31, 2024.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Olaplex (OLPX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced its participation in the Raymond James 46th Annual Institutional Investors Conference being held at the JW Marriott Orlando Grande Lakes in Orlando, Florida.

NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report fourth quarter and fiscal 2024 financial results before the market opens on Tuesday, March 4, 2025.

Olaplex, despite a 94% stock drop, remains profitable with positive cash flows and a strong balance sheet, making it a speculative but potentially rewarding investment. The company's reputation suffered due to allegations of hair loss from its products, leading to significant revenue declines and a challenging market perception. New management, led by an industry veteran, aims to restore Olaplex's reputation and business, with a strategic plan expected in early 2025.

Shares of Olaplex Holdings are primed for a rebound after years of declines due to poor financial performance and a weak management outlook. The company's specialized product mix is full of high-grade haircare solutions that are well-positioned amidst competitors. After years of declining revenues in the company's Pro sales channel, several key initiatives have been established to reconnect with professional hairstylists to return this network to growth.

Olaplex's executive chairman bought shares of the beleaguered hair care company for the first time this year. The market viewed these personal buys as a vote of confidence for the stock, which reported better-than-expected earnings in early August.