Olaplex Holdings, Inc. Common Stock (OLPX)
Olaplex Holdings, Inc. is a beauty technology company best known for its innovative hair care products that repair and strengthen damaged hair. Founded on proprietary nanotechnology, Olaplex's products are widely used in salons and for at-home treatments to reduce breakage and improve hair health. The company has gained a global reputation for its professional-grade solutions designed to maintain and restore hair integrity.
Company News
Olaplex reported Q2 2025 revenue of $106.3 million, exceeding analyst estimates, but experienced a net loss due to increased expenses and litigation-related costs. The company saw growth in professional and direct-to-consumer channels while facing challenges in specialty retail.
Amazon is turning to luxury beauty products as a way to offset the impact of tariffs during its upcoming Prime Day sale. Luxury beauty products tend to have higher profit margins and are less likely to be heavily discounted.
Grabar Law Office is investigating potential breaches of fiduciary duty by certain officers and directors of Origin Materials, Olaplex Holdings, Telephone and Data Systems, and Methode Electronics. The investigations are based on securities fraud class action complaints that have survived dismissal attempts.
Olaplex has appointed two new executives, Catherine Dunleavy as COO and CFO, and Katie Gohman as CMO, to revamp the company's leadership amid falling sales.
The headline numbers for Olaplex (OLPX) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.