OLPX Stock Recent News

NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced their participation in the Barclays 17th Annual Global Consumer Staples Conference in Boston, MA.

Although the revenue and EPS for Olaplex (OLPX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Olaplex Holdings, Inc. (OLPX) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.03 per share a year ago.

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ: OLPX) ("OLAPLEX" or the "Company") today announced financial results for the second quarter and six months ended June 30, 2024. Amanda Baldwin, OLAPLEX's Chief Executive Officer, commented: "Our second quarter performance was in line with our expectations and demonstrated continued stabilization in the business.

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced their participation in the Canaccord Genuity 44th Annual Growth Conference in Boston, MA.

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report second quarter fiscal 2024 financial results before the market opens on Tuesday, August 6, 2024.

Olaplex reported a Q1 slightly beating the previously guided sales range, and showing a good profitability despite the slower sequential and year-over-year revenues. The company should report its Q2 results soon, and I suggest watching the revenues closely as the 2024 outlook expects sequential improvements. The stock's valuation is becoming more attractive, but due to the high-risk profile regarding the prior PR headwinds and the needed return to growth, I remain neutral.

Investors are weighing easing inflation and the start of the earnings season with one key question in mind: when will the Federal Reserve move to lower interest rates? Meanwhile, positive sentiment continues to surround the broader markets, including several penny stocks that are riding the bullish wave.

Olaplex Holdings, Inc. (NASDAQ:OLPX ) Q1 2024 Earnings Conference Call May 5, 2024 9:00 AM ET Company Participants Patrick Flaherty - Vice President, Investor Relations Amanda Baldwin - Chief Executive Officer Eric Tiziani - Chief Financial Officer Conference Call Participants Jonna Kim - TD Cowen Andrea Teixeira - JPMorgan Olivia Tong - Raymond James Lauren Lieberman - Barclays Korinne Wolfmeyer - Piper Sandler Javier Escalante - Evercore ISI Susan Anderson - Canaccord Genuity Operator Greetings, and welcome to the Olaplex Holdings First 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 March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.