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SANTA BARBARA, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report third quarter fiscal 2023 financial results before the market opens on Tuesday, November 7, 2023.
Olaplex is losing ground with hairstylists, a key source of new customers for hair care products. The brand's sales through stylists fell 61% during its second quarter, which ended in June.
Although the revenue and EPS for Olaplex Holdings, Inc. (OLPX) give a sense of how its business performed in the quarter ended June 2023, 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, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.14 per share a year ago.
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.