Olaplex Holdings Inc

Latest Results (15.10.2025):

Olaplex Holdings Inc reported its second quarter of 2025 results, showing a moderate increase in net sales but a shift to a net loss compared to the same period last year. The company is actively transforming its business strategy and remains optimistic about future growth through its Bonds and Beyond initiative.

Net Sales Increase

For the second quarter of 2025, Olaplex reported a 2.3% increase in net sales, reaching $106.3 million. In the United States, net sales grew by 2.5%, while internationally, sales rose by 1.9%. Among sales channels, Professional and Direct-To-Consumer segments saw significant growth of 12.1% and 12.8% respectively, whereas Specialty Retail declined by 16.7%.

Profitability Challenges

The company experienced a net loss of $7.7 million in the second quarter of 2025, compared to a net income of $5.8 million in the same quarter of 2024. Diluted earnings per share (EPS) also declined to ($0.01) from $0.01 year-over-year, indicating challenges in maintaining profitability.

Cost Management

Gross profit for the quarter increased by 4.4% to $75.6 million, with the gross profit margin improving slightly to 71.2%. However, selling, general, and administrative (SG&A) expenses surged by 45.1% to $65.9 million, significantly impacting overall profitability.

Fiscal Year 2025 Guidance

Olaplex has reiterated its fiscal year 2025 guidance, projecting net sales between $410 million and $431 million. The company expects an adjusted gross profit margin of 70.5% to 71.5% and an adjusted EBITDA margin of 20% to 22%. Management anticipates a high single-digit decline in net sales for the third quarter and a high single-digit increase in the fourth quarter compared to the prior year.