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SANTA BARBARA, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report second quarter fiscal 2023 financial results before the market opens on Tuesday, August 8, 2023.
Olaplex faces declining revenues and rising costs, with 2023 being a rebuild year for the company. The company is launching new products and expanding into international markets, which could help offset demand issues. Despite potential growth opportunities, investments will weigh on margins, and consumer spending headwinds could create further downside risk.
SANTA BARBARA, Calif., April 25, 2023 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report first quarter fiscal 2023 financial results before the market opens on Tuesday, May 9, 2023.
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Olaplex's sales fell as the company dealt with competition with other bond-building shampoos and a lawsuit from users claiming hair loss.
Olaplex Holdings, Inc. (OLPX) delivered earnings and revenue surprises of 16.67% and 1.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Olaplex manufactures and sells hair care products. The brand blew up in recent years on social media due to the quality of its products but has faced scrutiny also. Olaplex's financial performance has been fantastic, operating with an EBITDA margin of 63% and a NI margin of 38%. This is far superior to any of its peers.
SANTA BARBARA, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report fourth quarter and fiscal 2022 financial results before the market opens on Tuesday, February 28, 2023.
Olaplex can afford to significantly increase its marketing costs because the company has abnormally high margins. The company's portfolio includes only 14 products, and management plans to release several new products annually.