NASDAQ$OLPX
OLAPLEX HOLDINGS INC · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Olaplex experienced a decline in net sales and net income compared to the same quarter last year, but saw encouraging early indicators from increased investments.
Olaplex reported a 30.0% decrease in net sales to $123.6 million and a 66.5% decrease in net income to $20.4 million compared to Q3 2022. The company's interim CEO cited encouraging early indicators from increased investments and ongoing efforts to stabilize sales and position the brand for long-term profitable growth.
- Net sales decreased by 30.0% compared to the third quarter of 2022, totaling $123.6 million.
- Professional channel sales were $48.3 million, a decrease of 23.3%.
- Specialty Retail channel sales were $43.2 million, a decrease of 41.8%.
- Direct-To-Consumer channel sales were $32.1 million, a decrease of 18.2%.
Headline financials
Revenue & EPS history
Olaplex · Revenue · Quarterly
$124M
Revenue by segment
Olaplex · $124M total across 3 segments · Q3 2023
- Professional$48.3M-23.3%39.1%
- Specialty Retail$43.2M-41.8%35.0%
- Direct-To-Consumer$32.1M-18.3%26.0%
Forward guidance
The Company updated its guidance for fiscal year 2023 on net sales, adjusted net income and adjusted EBITDA.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2023
-0.7%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+7.1%
Avg return
30 days after
43%
10 / 23 earnings
Positive
+24.6%
Q3 2023
Best reaction
-21.6%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -0.2% | — | |
| Q4 2025 | -17.0% | -27.0% | +14.0% | |
| Q3 2025 | +1.9% | +7.5% | +17.9% | |
| Q1 2025 | +3.0% | -3.8% | -1.5% | |
| Q4 2024 | +21.7% | +10.9% | -15.6% | |
| Q3 2024 | -4.5% | -5.0% | +19.6% | |
| Q2 2024 | -0.5% | +0.0% | +24.3% | |
| Q1 2024 | +15.0% | +8.6% | +27.1% | |
| Q4 2023 | -5.7% | -3.1% | -0.5% | |
| Q3 2023 | +24.6% | +26.1% | +83.3% | |
| Q2 2023 | -21.6% | -27.2% | -31.4% | |
| Q1 2023 | -10.6% | -11.8% | -6.3% | |
| Q4 2022 | -15.3% | -14.0% | -24.4% | |
| Q3 2022 | +13.8% | +26.9% | +20.7% | |
| Q2 2022 | -9.7% | -4.8% | -25.9% | |
| Q1 2022 | +6.2% | +16.0% | +25.3% | |
| Q1 2021 | +6.2% | +16.0% | +25.3% | |
| Q1 2020 | +9.2% | +2.9% | +6.8% | |
| Q4 2021 | +9.2% | +2.9% | +6.8% | |
| Q2 2021 | -10.4% | -5.2% | -2.2% | |
| Q3 2021 | -10.4% | -5.2% | -2.2% | |
| Q4 2020 | -10.4% | -5.2% | -2.2% | |
| Q3 2020 | -10.4% | -5.2% | -2.2% | |
| Q2 2020 | — | — | — |
Discussion
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