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Oddity Tech says it's bucking the beauty slowdown Ulta warned about
CNBC· 2024-05-07 20:07
As Ulta Beauty says it expects a slowdown in retail's most resilient category, an upstart says it's bucking the trend. Oddity Tech – the newly public Israeli cosmetics platform that uses AI to develop products — posted first quarter results that blew past expectations and raised its full-year guidance. Here's how the beauty retailer behind the Il Makiage and Spoiled Child brands performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:Earnings per share: 61 cents adju ...
Oddity Tech .(ODD) - 2023 Q4 - Earnings Call Presentation
2024-03-06 16:17
2 BRAND 6 Note: 1. Adjusted EBITDA is a supplemental measure of our performance that is not required by, or presented in accordance with, GAAP. Adjusted EBITDA should not be considered as an alternative to net income or any other performance measure presented in accordance with GAAP. Refer to the Appendix for a reconciliation of Adjusted EBITDA to net income. 2. Adjusted EBITDA margin is defined as Adjusted EBITDA divided by net revenue. Refer to the Appendix for a reconciliation of Adjusted EBITDA margin t ...
Oddity Tech .(ODD) - 2023 Q4 - Earnings Call Transcript
2024-03-06 16:17
So the business is already, even with all the investments that we are doing, is already way more profitable and -- but again, if you ask me what I want to do, I want to stick with this number. I want to continue to invest in the future. There is so much to be done. Lindsay Drucker Mann Lauren Lieberman So when we launch Band 3, for example, like it will be -- it will cost us in terms of margins, and therefore, every brand that we launch, it damages short-term our margins, but long-term it supports high grow ...
Oddity Tech .(ODD) - 2023 Q4 - Annual Report
2024-03-06 01:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report: N/A Commission File Number: 001-41745 ODDITY TECH LTD. (Exact ...
Oddity Tech .(ODD) - 2023 Q3 - Earnings Call Transcript
2023-11-12 05:22
For SpoiledChild, International is really not on the table in the - in the near term. The teams have asked and want to expand more aggressively overseas, but we've made sure that we're still focusing on the U.S., but we do see significant opportunity when we're ready to start building that on overseas as well. And it's easy for us based on the infrastructure we've already built for IL MAKIAGE to leverage that. It's part of as we think about the bill to a $1 billion for IL MAKIAGE and for SpoiledChild Intern ...
Oddity Tech .(ODD) - 2023 Q3 - Earnings Call Presentation
2023-11-12 05:19
RAND! OLOGY PRODI CAPABILITIES SSIVE DATA 4 $600B+ Total Beauty & Wellness1 Skin Care Hair Care Color Cosmetics GLOBAL ADDRESSABLE MARKET ODDITY VS LEGACY MODELS 5 | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------| | | | | | | | | | | | | 6 Note: 1. Adjusted EBITDA is a supplemental measure of our performance that is not required by, or presented in accordance with, GAAP. Adjusted EBITDA should not be considered as an alternative to net income or any other performance measure presente ...