Bulletin
Investor Alert

New York Markets After Hours

Market Pulse Archives

May 11, 2022, 8:04 a.m. EDT

Olaplex earnings beat the Street

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Olaplex Holdings Inc. (OLPX)

or Cancel Already have a watchlist? Log In

By Tonya Garcia

OLPX

Olaplex Holdings Inc. /zigman2/quotes/229722202/composite OLPX +2.34% posted first-quarter net income of $62.0 million, or 9 cents per share, up from $45.5 million, or 7 cents per share, last year. Adjusted EPS of 13 cents beat the FactSet consensus for 11 cents. Sales $186.2 million were up from $118.1 million and ahead of the FactSet consensus for $172.5 million. For fiscal 2022, the premium haircare company is guiding for sales of $796 million to $826 million. The FactSet consensus is for sales of $820.5 million. Olaplex stock slipped 1.3% in Wednesday premarket trading and has slumped 58.3% for the year to date.

/zigman2/quotes/229722202/composite
US : U.S.: Nasdaq
$ 14.42
+0.33 +2.34%
Volume: 1.40M
July 1, 2022 4:00p
P/E Ratio
40.70
Dividend Yield
N/A
Market Cap
$9.14 billion
Rev. per Employee
$6.29M
loading...

Get news alerts on Olaplex Holdings Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.