Olaplex Holdings, Inc. (OLPX) saw its shares soar 12.32% in pre-market trading on Tuesday after the professional haircare company reported better-than-expected fourth-quarter earnings and revenue. The company's Q4 adjusted earnings per share came in at $0.01, meeting analysts' expectations, while revenue of $100.7 million surpassed the consensus estimate of $87.9 million.

The strong results were driven by a 5.7% increase in Specialty Retail sales to $28.8 million, offsetting declines in the Professional and Direct-to-Consumer channels. Olaplex's adjusted EBITDA of $17.5 million also beat expectations of $11.7 million, albeit with a lower margin of 17.4% compared to 32.2% a year ago.

Despite the impressive Q4 performance, Olaplex provided a cautious outlook for fiscal 2025, forecasting net sales of $410-$431 million, below the $423 million reported in 2024. The company cited ongoing investments in its business transformation and innovation pipeline as reasons for the expected lower sales and adjusted EBITDA margin guidance of 20-22%.