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 (OLPX) reported a significant net sales increase of 57.6% for Q1 2022, reaching $186.2 million. The company achieved a diluted EPS of $0.09 and an adjusted diluted EPS of $0.13. Notably, professional sales grew 62.6%, while specialty retail surged 102.5%. Net income rose by 36.1%, totaling $61.96 million. Despite a 3.4% decline in gross margin, Olaplex reaffirmed its 2022 guidance, projecting net sales between $796 million and $826 million.
Olaplex Holdings, Inc. (OLAPLEX) will report its first quarter fiscal 2022 financial results on May 11, 2022, before market opens. An investor conference call and webcast will follow at 9:00am ET to discuss the results. The call can be accessed by dialing (866) 374-5140 or (404) 400-0571 for international callers. Accessible via this link, the webcast replay will be available for 90 days. Olaplex specializes in science-driven hair care, focusing on innovative bond-building products.
Olaplex (TICKER: OLPX) has partnered with ShoppingGives to launch a philanthropic campaign for Women's History Month. Through this partnership, Olaplex customers can contribute to six selected nonprofits empowering women by selecting them during their purchase process. The initiative aims to combine customer engagement with social impact, allowing a portion of sales to support nonprofits like Women for Women International and Girls Who Code. This collaboration also aligns with Olaplex's sustainability efforts, having saved significant resources through reduced packaging.
Olaplex Holdings reported a 79% growth in net sales for Q4 2021 and 112% growth for the fiscal year, reaching $598 million. Diluted EPS for FY 2021 was $0.32, surpassing expectations. The company announced FY 2022 guidance with projected net sales between $796 - $826 million, indicating a 36% increase from FY 2021. Gross profit for FY 2021 rose 163.8% to $473.8 million. Successful refinancing reduced long-term debt and interest rates, enhancing financial stability.
Olaplex Holdings has announced its participation in the BofA Securities 2022 Consumer and Retail Technology Conference on March 9, 2022. CEO JuE Wong and CFO Eric Tiziani will engage in a fireside chat at 1:00 PM ET, with management available for investor meetings. The chat's audio will be accessible on the company’s Investor Relations website for 90 days post-event. Olaplex focuses on enhancing hair health through innovative, bond-building products and operates through various global distribution channels.
Olaplex, an indirect subsidiary of Olaplex Holdings (NASDAQ: OLPX), successfully refinanced its secured credit facility with a new agreement totaling $675 million in senior secured term loans and $150 million in revolving credit. This refinancing reduced its term loan debt from $769 million and lowered interest obligations by 300 basis points. The new term loan matures on February 23, 2029, while the revolving credit expires on February 23, 2027. Olaplex received a corporate credit rating of B1 from Moody’s and B+ from S&P Global, presenting a strengthened financial position.
Olaplex Holdings, Inc. (OLPX) will report its fourth quarter and fiscal year 2021 earnings before the market opens on March 8, 2022. An investor conference call and webcast are scheduled for 9:00am ET the same day. The event aims to provide insights into the company's financial performance. Olaplex is recognized for its innovative hair care products that utilize a patented ingredient to repair and strengthen hair. The company operates within a global omni-channel platform, reaching professional and retail consumers.
Arcaea, a technology-driven beauty company, has secured a strategic investment from OLAPLEX (NASDAQ: OLPX) during Q3 2021. This partnership aims to transform the hair care industry through innovation in ingredient sourcing and product development, leveraging DNA sequencing and biological engineering. Arcaea raised $78 million in Series A funding to initiate various beauty categories. OLAPLEX's expertise aligns with Arcaea's mission, focusing on sustainable practices and enhancing consumer health in hair care.
Olaplex Holdings announced participation in the Morgan Stanley Virtual Global Consumer & Retail Conference on December 1, 2021. Company management will hold investor meetings and engage in a fireside chat at 9:30 AM EST, with a live webcast accessible through their investor relations website. The session will be available for replay for 90 days. Olaplex is a leader in bond-building hair care, offering products designed to improve hair health through a patented active ingredient.
Olaplex (NASDAQ: OLPX) announced an expansion of its distribution with Ulta Beauty, launching retail products in over 1,250 stores and online starting January 2022. This follows the successful introduction of professional products in Ulta salons. CEO JuE Wong emphasized the opportunity for consumers to purchase Olaplex products easily while shopping. The company noted this expansion was considered in its fiscal 2021 guidance. Ulta's CMO highlighted the positive demand for Olaplex products among customers, indicating strong momentum entering the new year.
