Core Viewpoint - A class action lawsuit has been filed against Oddity Tech Ltd. for alleged violations of federal securities laws during the Class Period from February 26, 2025, to February 24, 2026, due to misleading statements regarding the company's business and financial prospects [1][7]. Company Overview - Oddity is a consumer technology company focused on building digital-first brands in the beauty and wellness industries, utilizing an AI-driven online platform to identify consumer needs and develop relevant products [4]. Revenue and Advertising Dependency - The company's revenue and customer acquisition costs are significantly influenced by its advertising partners' algorithms, which utilize user behavior and demographic data to optimize online advertising exposure [5]. - Higher-quality ad auctions correlate with lower customer acquisition costs, while lower-quality auctions lead to increased costs [6]. Allegations in the Lawsuit - The lawsuit claims that Oddity's executives made materially false and misleading statements, failing to disclose that changes in algorithms from its largest advertising partner diverted ads to lower-quality auctions, resulting in increased customer acquisition costs and negatively impacting the company's financial outlook [7]. Impact of Recent Developments - On February 25, 2026, Oddity disclosed a significant increase in user acquisition costs due to the algorithm changes, predicting a 30% decline in first-quarter 2026 revenue year-over-year, with hopes for improvement in the second half of 2026 [8]. - Following this announcement, Oddity's Class A ordinary share price dropped by $14.28, or 49.21%, closing at $14.74 per share [9].

Core Insights - The involvement of CFOs in AI projects significantly enhances the value extracted from these initiatives, with 76% of companies achieving substantial value when CFOs are responsible for AI outcomes [1][3]. Group 1: CFOs and AI Value - Only 2% of surveyed executives indicated that CFOs are tasked with achieving value from AI, yet their involvement correlates with a much higher success rate in value realization [3]. - CFOs can develop methodologies for AI implementation and scale them across the organization, bringing institutional credibility to the metrics used [3]. Group 2: Case Studies and Economic Impact - At DBS Bank in Singapore, CFOs are responsible for validating AI value metrics, contributing to an estimated economic value generation of approximately 1 billion Singapore dollars from data analytics and AI initiatives [4]. Group 3: AI Types and Challenges - Generative AI is identified as the most challenging type to establish value from, with 44% of respondents citing difficulties, likely due to challenges in measuring productivity [5]. - Agentic AI and analytical AI follow in difficulty, with 24% and 16% respectively, while rule-based AI is the least difficult to measure [6]. Group 4: Recommendations for AI Implementation - It is advised to involve finance teams in tracking and aggregating metrics related to AI value, as this can lead to a 23-point advantage in achieving high value when both employees and leaders are trained in AI [7]. - Organizations are encouraged to adopt a "narrow and deep AI" approach, focusing on specific processes rather than merely integrating AI into existing workflows [9]. Group 5: Workforce Impact - Only 2% of organizations have made significant AI-driven headcount reductions, but nearly 90% have reduced or frozen hiring in anticipation of AI's impact [8].

Group 1: Executive Appointments - Kieran Kelliher has been appointed as the chief financial officer of the Dallas Mavericks, previously serving as vice president of finance and administration at the Chicago Bulls for 12 years [2] - Lee Quackenbush has been named chief financial officer of Cox Farms, having led the Value Creation program at Mars during its $36 billion acquisition of Kellanova [3] - Brittany Cerwin has been promoted to finance chief at Middleby, previously serving as chief accounting officer since May 2023 [4] - Chelsea Lantz has been appointed interim CFO of Nu Skin Enterprises, replacing James Thomas who stepped down after 15 years [5] - Phyllis Nordstrom will continue as the permanent chief financial officer of 3D Systems after serving as interim CFO since August 2025 [6] Group 2: Background and Experience - Kieran Kelliher has a background in finance and administration, having also led efforts for the 2020 NBA All-Star Game and the launch of the Windy City Bulls [2] - Lee Quackenbush has extensive experience in finance, having previously worked at General Motors and led finance at Spreetail before joining Mars [3] - Brittany Cerwin has been with Middleby since 2011 and has experience as an auditor at Grant Thornton [4] - Chelsea Lantz joined Nu Skin in 2011 and has experience in internal audit and financial controls from her time at PricewaterhouseCoopers [5] - Phyllis Nordstrom has held senior roles at MTS Systems, PricewaterhouseCoopers, Target, and U.S. Bank prior to her current position [6]

Core Insights - The partnership between Vasiliki Petrou and SEMCAP aims to establish a beauty and wellness vertical within an equity growth platform, reflecting an evolution in Petrou's career [1] - Petrou emphasizes a shared value system with SEMCAP, focusing on supporting executives and founders, particularly in fostering inclusivity and supporting young and female entrepreneurs [2] Company Strategy - Petrou's investment strategy involves identifying companies with longevity, a global perspective, unique offerings, and those addressing unmet market needs [3] - The focus will be on companies generating $30 million to $50 million in net sales, with the goal of doubling their revenue and exploring strategic exits or long-term development [5] Industry Focus - The initiative will encompass all areas of beauty, including skin care, hair care, fragrance, and color cosmetics, with a particular emphasis on nutraceuticals and personalized health care solutions [6] - There is an interest in longevity and wellness platforms, as well as AI-generated companies, indicating a forward-looking approach to investment opportunities [7]

Group 1 - A class action lawsuit has been filed against Oddity Tech Ltd. on behalf of investors who purchased shares between February 26, 2025, and February 24, 2026 [1][2] - Oddity Tech operates a technology platform focused on developing and scaling consumer beauty and wellness brands using proprietary data science, artificial intelligence, and digital marketing [2] - The lawsuit stems from a disclosure on February 25, 2026, where Oddity Tech reported a "dislocation" with its largest advertising partner due to algorithm changes, leading to increased user acquisition costs and an expected revenue decline of approximately 30% year-over-year for Q1 2026 [3] Group 2 - Following the negative news, Oddity Tech's Class A ordinary share price dropped by $14.28, or 49.21%, closing at $14.74 per share on February 25, 2026 [4] - Investors have until May 11, 2026, to seek appointment as lead plaintiff representatives in the class action [2]

Core Viewpoint - A class action lawsuit has been initiated against Oddity Tech Ltd. due to alleged misleading statements and undisclosed issues that negatively impacted the company's financial performance during the specified class period [1][3]. Group 1: Class Action Details - The class action is on behalf of investors who purchased Oddity securities between February 26, 2025, and February 24, 2026, with a deadline for filing a lead plaintiff motion set for May 11, 2026 [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Group 2: Allegations Against Oddity Tech - The lawsuit claims that Oddity Tech's largest advertising partner made algorithm changes that diverted advertisements to lower quality auctions, resulting in abnormally high costs [3]. - This change significantly increased customer acquisition costs, adversely affecting Oddity Tech's business and financial outlook [3]. - The lawsuit alleges that the defendants overstated the strength and sustainability of Oddity Tech's digital operating model and market position [3]. Group 3: Financial Impact - On February 25, 2026, Oddity Tech reported financial results indicating a dislocation with its largest advertising partner due to algorithm changes, which led to significant increases in user acquisition costs [4]. - Following this announcement, Oddity Tech's Class A ordinary shares experienced a decline of over 49% [4].

Core Viewpoint - A class action lawsuit has been announced by Rosen Law Firm on behalf of purchasers of securities of ODDITY Tech Ltd. for the period between February 26, 2025, and February 24, 2026 [1] Company Overview - ODDITY Tech Ltd. is described as a consumer technology company that builds digital-first brands for the beauty and wellness industries, operating both in the U.S. and internationally [1]

Core Viewpoint - A class action lawsuit has been filed against Oddity Tech Ltd. for alleged violations of federal securities laws during the Class Period from February 26, 2025, to February 24, 2026, due to misleading statements regarding the company's business and financial prospects [1][6]. Company Overview - Oddity is a consumer technology company focused on building digital-first brands in the beauty and wellness industries, utilizing an AI-driven online platform to identify consumer needs and develop relevant products [3]. Revenue and Advertising Model - The company's revenue growth is heavily reliant on advertising partners, with customer acquisition costs being influenced by the algorithms of these partners, which analyze user behavior and demographics to optimize online advertising exposure [4]. - The quality of ad auctions directly affects customer acquisition costs, with higher-quality auctions leading to lower costs per click and higher click-through rates, while lower-quality auctions result in the opposite [5]. Allegations in the Lawsuit - The lawsuit claims that Oddity's executives made materially false and misleading statements, failing to disclose that changes in algorithms by its largest advertising partner led to higher customer acquisition costs and negatively impacted the company's financial outlook [6]. - Specific allegations include the diversion of advertisements to lower-quality auctions at abnormally high costs, which significantly increased customer acquisition costs and misrepresented the strength and sustainability of Oddity's business model [6]. Impact of Financial Disclosure - On February 25, 2026, Oddity disclosed financial results indicating a significant increase in user acquisition costs due to the aforementioned algorithm changes, predicting a 30% year-over-year decline in revenue for the first quarter of 2026 [7]. - Following this announcement, Oddity's Class A ordinary share price dropped by $14.28, or 49.21%, closing at $14.74 per share [8].

Core Viewpoint - ODDITY Tech Ltd. has announced a new share buyback program authorizing the repurchase of up to $200 million of its Class A ordinary shares, replacing a previous plan of $150 million, with the program set to expire on March 31, 2029, or when the funds are fully utilized [1][2]. Share Buyback Program - The new Buyback Plan allows for the repurchase of shares subject to market conditions and other strategic priorities, and it may be modified or discontinued at any time [1][3]. - ODDITY had previously repurchased approximately $97 million under its prior authorization, including about $50 million year-to-date [2]. Repurchase Conditions - The timing, number, and value of shares repurchased will be at the company's discretion and will depend on various factors such as market price, economic conditions, and available liquidity [3]. Company Overview - ODDITY is a consumer tech company focused on building digital-first brands in the beauty and wellness sectors, serving approximately 68 million users through an AI-driven platform [6]. - The company operates from its headquarters in New York City, with additional facilities in Tel Aviv, Israel, and Boston [6].

Group 1 - Reliance Retail has acquired the Pahadi Local brand from Pahadi Goodness Private Limited, enhancing its presence in India's beauty and wellness market [1] - Pahadi Local focuses on nature-led formulations inspired by Himalayan ingredients, combining traditional wellness practices with modern formulation science [1][2] - The founding team of Pahadi Local will continue to guide the brand's creative direction and product development post-acquisition [2] Group 2 - Reliance Retail plans to expand Pahadi Local's reach through its omnichannel retail system, including physical stores and digital commerce [2] - The brand collaborates with women-led self-help groups in Ladakh and Himachal Pradesh, supporting local livelihoods and initiatives in healthcare, education, and environmental preservation [3] - Apricot kernel oil is highlighted as a key ingredient for Pahadi Local, recognized for its value in the industry and among consumers [3] Group 3 - Isha Ambani, executive director of Reliance Retail, emphasized the importance of authenticity and innovation in curating brands, positioning Pahadi Local as a valuable addition to their beauty ecosystem [4] - The acquisition aligns with Reliance Retail's strategy of investing in scalable Indian brands across beauty, wellness, fashion, and lifestyle sectors [4]