Overview
* ODDITY Tech ( ODD ) Q2 revenue rises 25% yr/yr, beating analyst expectations, per LSEG data
* Adjusted EPS for Q2 beats consensus, per LSEG data
* Co plans Brand 3 launch, expanding into medical-grade products
Outlook
* ODDITY raises FY2025 revenue outlook to $799-804 mln
* Company expects FY2025 adjusted EBITDA of $160-162 mln
* ODDITY forecasts Q3 revenue between $144 mln and $146 mln
* Company sees FY2025 adjusted EPS between $2.06 and $2.09
Result Drivers
* ONLINE REVENUE GROWTH - Double-digit online revenue growth for IL MAKIAGE and SpoiledChild contributed to Q2 results
* INTERNATIONAL EXPANSION - Accelerated international expansion supported revenue growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $241 mln $238.40
Revenue mln (6
Analysts
)
Q2 Beat $0.92 $0.88 (7
Adjusted Analysts
EPS )
Q2 EPS $0.79
Q2 Beat $57 mln $52.90
Adjusted mln (5
Net Analysts
Income )
Q2 Beat $70 mln $67.30
Adjusted mln (5
EBITDA Analysts
)
Q2 Gross 72.3%
Margin
Q2 28.8%
Adjusted
EBITDA
Margin
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the personal products peer group is "buy"
* Wall Street's median 12-month price target for Oddity Tech Ltd ( ODD ) is $72.50, about 1.1% above its August 1 closing price of $71.70
* The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 29 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)