Olaplex (OLPX) - 2023 Q1 - Earnings Call Transcript

And so look, what is customer inventory rebalancing? All it is, is it relates to customers adjusting orders to align with sellout trends with macro conditions and their own decisions on month on hand levels. And so, weÂ're tracking and monitoring that closely. ItÂ's dynamic. It happens every quarter to some extent on various items at various accounts. And weÂ're factoring all that into our current outlook into the guidance that weÂ've provided. And as weÂ've said, weÂ've seen the sellout trend stabilized si ...