NASDAQ$OLPX

OLAPLEX HOLDINGS INC · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Olaplex reported a 9.8% decline in Q4 2024 revenue with a net loss of $8.8 million.

Olaplex's Q4 2024 revenue fell 9.8% year-over-year to $100.7 million. The company reported a net loss of $8.8 million compared to a net income of $14.1 million in Q4 2023. Specialty Retail revenue increased, while Professional and Direct-To-Consumer sales declined. Gross profit margin declined slightly due to increased SG&A expenses.

  • Q4 2024 revenue declined 9.8% to $100.7 million.
  • Net loss of $8.8 million, down from $14.1 million net income in Q4 2023.
  • Specialty Retail revenue grew 5.7%, while Professional revenue fell 27.1%.
  • Gross profit margin declined from 68.7% to 66.3%.

Headline financials

Total Revenue

$101M

Previous: $112M-9.8%
EPS (adj)

$0.01

Previous: $0.03-66.7%
Gross Profit Margin

66.3%

Previous: 68.7%-3.5%
Adj. Gross Profit Margin

68.6%

No prior period
Adjusted EBITDA Margin

17.4%

Previous: 32.2%-46.0%
Adjusted EBITDA

$17.5M

No prior period
Net Income

-$8.8M

Previous: $14.1M-162.4%
Operating Income

$3.05M

Previous: $17.2M-82.3%
Gross Profit

$66.8M

Previous: $78.8M-15.3%

Revenue & EPS history

Olaplex · Revenue · Quarterly

$101M

Q4 2024-9.8%vs Q4 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Olaplex · $124M total across 3 segments · Q3 2023

  • Professional
    $48.3M-23.3%
  • Specialty Retail
    $43.2M-41.8%
  • Direct-To-Consumer
    $32.1M-18.3%

Forward guidance

Olaplex expects continued headwinds in 2025, with projected sales between $410 million and $431 million, and adjusted EBITDA margin declining to 20%-22%.

Tailwinds

  • Expected net sales of $410M-$431M in 2025.
  • Continued investment in marketing and brand transformation.
  • Growth opportunities in Specialty Retail and Direct-To-Consumer.
  • Improved inventory management reducing excess stock.
  • Ongoing product innovation pipeline.

Headwinds

  • Professional segment continues to face challenges.
  • International sales expected to remain weak.
  • SG&A expenses may stay elevated due to marketing investments.
  • Lower adjusted EBITDA margin guidance (20%-22%).
  • Macroeconomic factors may impact consumer spending.

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 Q4 2024

Historical avgQ4 2024

-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

Earnings price reactions
QuarterReport dateReaction (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

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