Overview
* Olaplex ( OLPX ) Q3 net sales decreased 3.8% yr/yr but beat analyst expectations
* Adjusted EBITDA for Q3 beat analyst expectations
* Net income for Q3 decreased 24.8% yr/yr
Outlook
* Olaplex ( OLPX ) reaffirms fiscal 2025 net sales guidance of $410 mln to $431 mln
* Company expects adjusted gross profit margin of 70.5% to 71.5% for 2025
* Olaplex ( OLPX ) anticipates adjusted EBITDA margin of 20% to 22% for fiscal 2025
Result Drivers
* SALES CHANNEL PERFORMANCE - Specialty Retail and Direct-To-Consumer sales declined, while Professional channel sales increased
* INTERNATIONAL GROWTH - Net sales increased 7.1% internationally, offsetting some U.S. declines
* INVESTMENTS AND PRODUCT LAUNCHES - Co attributes results to investments in sales, marketing, and new product introductions
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales Beat $114.58 $110.59
mln mln (6
Analysts
)
Q3 EPS $0.02
Q3 Beat $30.79 $27.93
Adjusted mln mln (7
EBITDA Analysts
)
Q3 26.90%
Adjusted
EBITDA
Margin
Q3 Gross $79.20
Profit mln
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and 1 "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 Olaplex Holdings Inc ( OLPX ) is $1.75, about 39.4% above its November 5 closing price of $1.06
* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release:
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(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.)