SANTA BARBARA, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ:OLPX) ("OLAPLEX" or "the Company") today announced that Eric Tiziani will step down as Chief Financial Officer to pursue another opportunity, effective May 3. The company has launched an external search for a new CFO in partnership with a leading executive search firm. While the search is underway, Paul Kosturos, a seasoned financial executive with over 30 years of experience, will join OLAPLEX and serve as Interim CFO ...

Olaplex Holdings, Inc. (NASDAQ:OLPX) Q4 2023 Results Conference Call February 29, 2024 9:00 AM ET Company Participants Patrick Flaherty - Vice President, Investor Relations Amanda Baldwin - Chief Executive Officer Eric Tiziani - Chief Financial Officer Conference Call Participants Sydney Wagner - Jefferies Tom Nass - Cowen Lauren Lieberman - Barclays Andrea Teixeira - JPMorgan Susan Anderson - Canaccord Genuity Dana Telsey - Telsey Advisory Group Operator Greetings, and welcome to the Olaplex Holdings, Inc. ...

For the quarter ended December 2023, Olaplex Holdings, Inc. (OLPX) reported revenue of $111.72 million, down 14.5% over the same period last year. EPS came in at $0.03, compared to $0.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $108.13 million, representing a surprise of +3.32%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.03.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

Olaplex Holdings, Inc. (OLPX) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Olaplex Holdings, Inc., whi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 001-40860 Olaplex Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 87-1242679 (3 ...

SANTA BARBARA, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. ("OLAPLEX"), today announced their participation in the Raymond James 45th Annual Institutional Investors Conference in Orlando, FL. Amanda Baldwin, Chief Executive Officer, and Eric Tiziani, Chief Financial Officer, will present on Tuesday, March 5, 2024 at 2:50pm ET, and will meet with investors during the conference. The audio portion of the presentation will be available on the Company's Investor Relations website, https://i ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Olaplex Holdings, Inc. (OLPX) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on F ...

SANTA BARBARA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report fourth quarter and fiscal 2023 financial results before the market opens on Thursday, February 29, 2024. The company plans to host an investor conference call and webcast to review fourth quarter and fiscal 2023 financial results at 9:00am ET/6:00am PT on the same day. The webcast can be accessed at https://ir.olaplex.com/. The conference call can be accessed by calling (201) ...

SANTA BARBARA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. ("OLAPLEX"), today announced that it plans to report fourth quarter and fiscal 2023 financial results before the market opens on Thursday, February 29, 2024. The company plans to host an investor conference call and webcast to review fourth quarter and fiscal 2023 financial results at 9:00am ET/6:00am PT on the same day. The webcast can be accessed at https://ir.olaplex.com/. The conference call can be accessed by calling (201) ...

Financial Performance - Q3 2023 net sales decreased by 30% year-over-year, aligning with a 28% sell-out trend in key accounts[8] - Net income for Q3 2023 was $204 million, compared to $61 million in Q3 2022[55] - Adjusted EBITDA for Q3 2023 was $52 million, with an adjusted EBITDA margin of 417%, compared to $102 million and 578% respectively in Q3 2022[55] - Adjusted net income for the quarter was $33 million, or $005 per diluted share, compared to $73 million, or $011 per diluted share, in the prior year[93] - Gross profit margin decreased to 697% compared to 751% in the same quarter of the previous year[39] - Adjusted gross profit margin was 676% versus 736%[83] - SG&A expenses increased to $364 million from $308 million[109] Sales Channel Performance - Professional net sales decreased by 418%[81] - Specialty Retail net sales decreased by 290%[81] - Direct-to-Consumer net sales decreased by 233%[108] - International sales decreased by 309%[108] - US sales decreased by 182%[36] Strategic Initiatives - The company is shifting more investment into top-performing content and channels from the 'Strength Starts Inside' campaign[9] - The company is increasing investments in sales and marketing, with an expected spend of $80-82 million in FY23[78] - The company is focused on managing its omni-channel strategy and reasserting its position with professional partners[6]