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The Beauty Health Company - SKIN STOCK NEWS

Welcome to our dedicated page for The Beauty Health Company news (Ticker: SKIN), a resource for investors and traders seeking the latest updates and insights on The Beauty Health Company stock.

The Beauty Health Company (Class A Common Stock, symbol: SKIN) is a prominent player in the beauty and health industry, known for its innovative and high-quality aesthetic products. Founded in 1997 and headquartered in Long Beach, CA, the company has built a strong reputation for creating category-defining beauty health solutions.

The core business of The Beauty Health Co. revolves around the manufacture and sale of serum-based hydradermabrasion systems and other aesthetic products. The company designs, develops, manufactures, markets, and sells a range of esthetic technologies and products. Its brand portfolio includes the widely recognized Hydrafacial, SkinStylus, and Keravive. These brands offer innovative products such as the Syndeo device, SkinStylus SteriLock Microsystem, and the Keravive Peptide Solution.

The Syndeo device is a leading hydradermabrasion system known for delivering exceptional skincare results, while the SkinStylus SteriLock Microsystem is favored for its precision and effectiveness in microneedling. The Keravive Peptide Solution is popular for its scalp and hair health benefits, showcasing the company’s dedication to comprehensive beauty care.

Over the years, The Beauty Health Company has achieved significant milestones and continues to expand its product offerings and market presence through strategic partnerships and continuous innovation. The company’s emphasis on research and development ensures that it remains at the forefront of the beauty health industry, catering to the evolving needs of consumers.

Financially, The Beauty Health Co. maintains a solid position, supported by its consistent performance and a diverse product lineup catering to different segments of the beauty industry. The company’s commitment to quality and customer satisfaction has earned it a loyal customer base and a prominent place in the market.

For investors and stakeholders, staying updated with the latest news and developments related to The Beauty Health Co. is essential. The latest updates often include performance reports, new product launches, partnerships, and other significant events that reflect the company’s ongoing growth and innovation.

News

BeautyHealth Reports Third Quarter 2023 Financial Results

Rhea-AI Summary
The Beauty Health Company (NASDAQ: SKIN) revises financial guidance due to lower-than-expected U.S. revenue and incurs restructuring charges for device upgrades. Net sales of $97.4 million increased 10% year-over-year, driven by growth in APAC and EMEA. However, the company is revising its fiscal year 2023 net sales guidance to $385 to $400 million and suspending its long-term 2025 financial outlook due to challenges in the U.S. market.
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BeautyHealth Announces Leadership Transition

Rhea-AI Summary
The BeautyHealth Company (NASDAQ: SKIN) announces Marla Beck as Interim CEO, succeeding Andrew Stanleick. Beck, a beauty industry veteran, will lead the company while the Board searches for a new CEO. Beck's track record includes founding and leading Bluemercury, a successful beauty and spa retailer. Stanleick will depart as President & Chief Executive Officer effective November 19, 2023, but will serve in an advisory role through the end of the year.
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BeautyHealth to Report Third Quarter 2023 Financial Results on November 13, 2023

Rhea-AI Summary
The Beauty Health Company (NASDAQ:SKIN) will report Q3 2023 financial results on November 13, 2023, followed by an investor conference call. The live webcast can be accessed on the investor relations website. The Company expects to file Form 12b-25 for a five-day extension to file its Quarterly Report on Form 10-Q for the three-months ended September 30, 2023.
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Hydrafacial and Dr. Dennis Gross Skincare Unveil Phyto-Retinol Booster for the Treatment Room

Rhea-AI Summary
The Beauty Health Company (NASDAQ:SKIN) has officially launched the Hydrafacial and Dr. Dennis Gross Phyto-Retinol Firming Booster, a collaboration leveraging clinically proven ingredients to revolutionize the way retinol is delivered.
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Save and Glow: New MyBeautyHealth App Offers Consumer Loyalty Rewards on Every Hydrafacial Treatment

Rhea-AI Summary
The BeautyHealth Company has launched MyBeautyHealth, its official app and loyalty program that rewards consumers for Hydrafacial treatments. The app allows users to earn loyalty points, unlock exclusive savings, receive personalized treatment plans, and connect with local Hydrafacial providers. Rewards are instant, with consumers earning 150 loyalty points for downloading the app and completing the skin quiz. Loyalty points can be redeemed for $15 off a Hydrafacial treatment. The app also creates a gamified experience with push notifications, email campaigns, and badges. The MyBeautyHealth app is available in the US and Canada through the Apple App Store and Google Play Store.
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BeautyHealth Launches Hydrafacial Tmall Store in China in First Direct to Consumer Commercial Play

Rhea-AI Summary
The Beauty Health Company has launched its first direct-to-consumer (DTC) sales channel on Chinese e-commerce platform Tmall. Consumers can purchase Hydrafacial treatment packages directly from the brand and redeem them at select verified providers. This move aims to tap into the growing demand for the brand and treatments in China.
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BeautyHealth Supports Next Generation of Estheticians with Hydrafacial School Partner Program

Rhea-AI Summary
The Beauty Health Company announces the Hydrafacial School Partner Program to support and educate estheticians.
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BeautyHealth Brings Hydrafacial Syndeo to New Cowshed Spas at Soho House Location in the U.S.

Rhea-AI Summary
The Beauty Health Company has partnered with Soho House to supply Hydrafacial Syndeo devices to Cowshed Spa locations across the U.S. The strategic partnership expands a successful pilot program and the devices are now available at locations in New York and Miami.
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BeautyHealth to Initiate Stock Repurchase Program, Following Recent $100 Million Share Repurchase Authorization

Rhea-AI Summary
The Beauty Health Company (NASDAQ: SKIN) announces stock repurchase program of up to $100 million, to be initiated on September 26, 2023. Funding will be from existing cash on hand. The program can be suspended or terminated at any time.
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BeautyHealth Announces Business Transformation Program to Drive Profitability and Growth; Board of Directors Authorizes $100 Million Share Repurchase

Rhea-AI Summary
The Beauty Health Company announces a business transformation program to reduce costs and streamline operations. It expects over $20 million annualized cost savings in Q1 2024 and over $15 million in Q2 2024. The company re-affirms its long-term 2025 financial guidance of $600 to $700 million net sales, up to 500 basis points gross margin expansion, and 25 to 30% Adjusted EBITDA margin. The Board of Directors authorizes the repurchase of up to $100 million of common stock.
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FAQ

What is the current stock price of The Beauty Health Company (SKIN)?

The current stock price of The Beauty Health Company (SKIN) is $1.46 as of December 20, 2024.

What is the market cap of The Beauty Health Company (SKIN)?

The market cap of The Beauty Health Company (SKIN) is approximately 172.5M.

What does The Beauty Health Company specialize in?

The Beauty Health Company specializes in serum-based hydradermabrasion systems and other aesthetic products, including the Hydrafacial, SkinStylus, and Keravive brands.

When was The Beauty Health Company founded?

The Beauty Health Company was founded in 1997.

Where is The Beauty Health Company headquartered?

The Beauty Health Company is headquartered in Long Beach, CA.

What are some of the key products offered by The Beauty Health Company?

Key products include the Syndeo device, SkinStylus SteriLock Microsystem, and Keravive Peptide Solution.

What is the Hydrafacial brand known for?

The Hydrafacial brand is known for its high-quality hydradermabrasion systems that deliver exceptional skincare results.

What is the SkinStylus SteriLock Microsystem used for?

The SkinStylus SteriLock Microsystem is used for microneedling, offering precision and effectiveness.

What are the benefits of the Keravive Peptide Solution?

The Keravive Peptide Solution is popular for promoting scalp and hair health.

How does The Beauty Health Company ensure it stays at the forefront of the industry?

The company emphasizes research and development, continuously innovating to meet the evolving needs of consumers.

What should investors and stakeholders look for in the latest news about The Beauty Health Company?

Investors and stakeholders should stay updated on performance reports, new product launches, partnerships, and other significant developments.

How does The Beauty Health Company maintain its market position?

The company maintains its market position through consistent performance, quality products, strategic partnerships, and a strong commitment to customer satisfaction.

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The Beauty Health Company

Nasdaq:SKIN

SKIN Rankings

#3985 Ranked by Market Cap
N/A Ranked by Dividends

SKIN Stock Data

172.53M
113.39M
8.65%
87.03%
6.09%
Household & Personal Products
Surgical & Medical Instruments & Apparatus
Link
United States of America
LONG BEACH