Olaplex Holdings, Inc. Provides Earnings Guidance for the Three Months Ending March 31, 2024 and Year 2024
February 29, 2024 at 08:30 am EST
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Olaplex Holdings, Inc. provided earnings guidance for the three months ending March 31, 2024 and year 2024. For the year, the company expects Net Sales to be $435 million -$463 million.
For the three months, the company expects net sales in the range of $92 million to $97 million for the three months ending March 31, 2024.
Olaplex Holdings, Inc. is a science-enabled, technology-driven beauty company. The Company focuses on improving the hair health of its consumers. Its product portfolio is comprised of about 17 complementary products specifically developed to provide a holistic regimen for hair health. Its products are offered through professional, specialty retail and direct-to-consumer (DTC) channels and are developed to address three key uses: treatment, maintenance, and protection. Its products have an ingredient, Bis-aminopropyl diglycol dimaleate (Bis-amino), which works on a molecular level to protect and repair hair from damage. Its hair health platform includes four products that can be purchased and applied only by professional hairstylists, namely No. 1 Bond Multiplier, No. 2 Bond Perfector, Olaplex 4-in-1 Moisture Mask, and Broad-Spectrum Chelating Treatment. The Company sells its products directly to consumers through its brand Website, Olaplex.com, and third-party e-commerce platforms.
OLAPLEX HOLDINGS, INC. 
