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. (OLPX) will disclose its fourth quarter and fiscal 2022 financial results on February 28, 2023, prior to market opening. The company will hold an investor conference call and webcast on the same day at 9:00 AM ET to discuss the results. Stakeholders can access the webcast on the company's investor relations website. Olaplex, known for its innovative hair care products, has established a unique position in the beauty industry with its bond-building technology, designed to improve hair health and integrity.
Olaplex Holdings, Inc. (OLPX) announced its participation in the Morgan Stanley Global Consumer & Retail Conference on December 7, 2022. CEO JuE Wong and CFO Eric Tiziani will engage in a fireside chat at 1:00 PM ET. The audio of the event will be accessible on the Company’s Investor Relations webpage for 180 days post-event. Olaplex is known for its innovative hair care products that utilize a patented ingredient to enhance hair health and strength, revolutionizing the bond-building category in hair care.
Olaplex Holdings reported a 9.2% increase in net sales for Q3 2022, reaching $176.5 million, despite a 4.3% decline in U.S. sales. International sales soared 27.8%. The company’s net income rose 7.4%, while adjusted net income decreased 1.6%. Diluted EPS increased to $0.09. However, the gross profit margin fell to 73.6%. For the nine months ending September 30, 2022, net sales surged 32.8% to $573.6 million. The company reaffirmed its fiscal 2022 guidance, projecting net sales between $704 million and $711 million.
Olaplex Holdings will report its third quarter fiscal 2022 financial results on November 9, 2022, before market opening. An investor conference call will follow at 9:00 AM ET, accessible via phone and an online webcast. The company is known for its innovative bond-building hair care products, which aim to improve hair health through a patented ingredient. These products are available through a growing omnichannel distribution strategy, including professional and direct-to-consumer channels.
Olaplex Holdings, Inc. (NASDAQ:OLPX) is facing an investigation by Holzer & Holzer, LLC for potential violations of federal securities laws. This inquiry follows Olaplex's announcement on October 18, 2022, where it lowered its fiscal year 2022 guidance, resulting in a significant drop in its stock price. Investors who have incurred losses are encouraged to contact Holzer & Holzer for legal support. The law firm specializes in representing shareholders in securities litigation and has a history of recovering funds for affected investors.
Olaplex Holdings, Inc. (NASDAQ: OLPX) has announced preliminary third-quarter 2022 expectations, forecasting net sales of approximately $176.5 million, a 9.2% increase from $161.6 million in Q3 2021. Anticipated net income ranges from $59.0 million to $61.0 million, with adjusted net income between $71.3 million to $73.3 million. However, the company revised its fiscal 2022 guidance downward due to macroeconomic pressures and increased competition. Q3 expected gross margin is between 72.5% and 73.7%.
Olaplex Holdings (NASDAQ: OLPX) reported a strong second quarter for 2022, with net sales increasing 38.6% year-over-year to $210.9 million. Sales grew in all regions, with a notable 41.3% increase in the U.S. and 35.2% internationally. Net income surged by 77.7% to $87.7 million, resulting in a diluted EPS of $0.13, up from $0.08 last year. With solid cash reserves of $198 million and a reaffirmed fiscal year guidance, the company remains optimistic about future growth.
Olaplex Holdings, Inc. (OLAPLEX) announced its plan to release second quarter fiscal 2022 financial results on August 9, 2022, before the market opens. The company will host an investor conference call at 9:00 AM ET to discuss the results. Olaplex, known for its innovative hair care products that utilize patented technology to strengthen and repair hair, emphasizes its commitment to improving consumer hair health through a diversified distribution strategy across professional and retail channels.
Olaplex Holdings (NASDAQ: OLPX) will participate in the Deutsche Bank dbAccess Global Consumer Conference in Paris on June 15, 2022, with a fireside chat featuring CEO JuE Wong and CFO Eric Tiziani at 12:00pm GMT. The audio will be available on their Investor Relations website for 90 days post-event. Olaplex is known for its innovative hair care products that utilize a patent-protected ingredient to repair and strengthen hair, establishing a new category in hair care.
Olaplex Holdings will participate in the Cowen 6th Annual Future of the Consumer Conference in New York City on May 24, 2022. CEO JuE Wong and CFO Eric Tiziani will engage in a fireside chat at 8:00 AM ET. Investors will have the opportunity to meet with the company’s management team during the event. An audio recording of the chat will be available on the company’s Investor Relations website for 90 days following the conference. Olaplex is known for its innovative hair care products that repair and protect hair.
