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

Olaplex earnings beat the Street

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By Tonya Garcia


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.

US : U.S.: Nasdaq
$ 14.42
+0.33 +2.34%
Volume: 1.40M
July 1, 2022 4:00p
P/E Ratio
Dividend Yield
Market Cap
$9.14 billion
Rev. per Employee

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