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, Inc. (OLAPLEX) will report its first quarter fiscal 2023 financial results before the market opens on May 9, 2023. Following the release, an investor conference call and webcast will take place at 9:00 AM ET. Investors can access the webcast at Olaplex Investor Relations. Known for its innovative bond-building technology, Olaplex has transformed the prestige haircare sector since its inception in 2014. The company's products are sold through professional, specialty retail, and direct-to-consumer channels.
Olaplex (NASDAQ: OLPX) reported mixed financial results for Q4 and full year 2022. For the year, net sales rose 17.7% to $704.3 million, driven by a 15.4% increase in the U.S. and 20.9% internationally. Net income grew 10.5% with diluted EPS at $0.35. However, Q4 saw a significant decline, with net sales dropping 21.5% to $130.7 million, and net income falling 51.5%. The company anticipates a challenging 2023, projecting net sales to decline by 15% and Adjusted Net Income to decrease by 36%. Olaplex aims to revamp strategies, focusing on sales and marketing investments to foster future growth.
Olaplex Holdings, Inc. (OLAPLEX) will participate in the Raymond James 44th Annual Institutional Investors Conference in Orlando, Florida, on March 6, 2023. CEO JuE Wong and CFO Eric Tiziani are scheduled to present at 9:50 AM ET. The audio of the presentation will be accessible on the Company’s Investor Relations website for 90 days following the event. Olaplex is known for its innovative, science-driven haircare products that improve hair health through a patented bond-building technology, transforming the prestige haircare market since 2014.
