Welcome to our dedicated page for Olaplex Holdings news (Ticker: OLPX), a resource for investors and traders seeking the latest updates and insights on Olaplex Holdings stock.
Olaplex Holdings, Inc. (OLPX) delivers science-driven innovations in professional haircare through its patented bond-building technology. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and product advancements.
Access authoritative reporting on earnings announcements, strategic partnerships, and technological breakthroughs. Our curated collection ensures you stay informed about OLPX's omnichannel distribution growth, international expansion, and salon-grade product launches.
Key updates include quarterly financial results, R&D milestones, executive leadership changes, and sustainability initiatives. Bookmark this page for verified information directly from press releases and trusted financial sources, maintained for accuracy and convenience.
Olaplex Holdings (NASDAQ: OLPX) has announced significant additions to its executive team with the appointments of Catherine Dunleavy as Chief Operating Officer and Chief Financial Officer, starting August 13, and Katie Gohman as Chief Marketing Officer, starting July 15. Dunleavy brings over 20 years of experience from roles at Away, Nike, Comcast, NBCUniversal, and GE, and will oversee OLAPLEX's business operations. Gohman, with a background in marketing at L’Oréal, Ralph Lauren, Coach, and Marc Jacobs, will lead global marketing efforts. CEO Amanda Baldwin highlighted the strategic importance of these appointments for OLAPLEX's growth and brand enhancement.
Olaplex Holdings, Inc. (NASDAQ: OLPX) reported Q1 2024 results showing a 13.1% decrease in net sales to $98.9 million, with a 63.1% decrease in net income. The company reiterated fiscal year 2024 guidance with expectations for adjusted gross profit margin, adjusted SG&A, adjusted EBITDA margin, net interest expense, and adjusted effective tax rate. The company remains focused on driving sell-through and enhancing brand capabilities to meet their annual goals.
