Olaplex Holdings, Inc. (OLPX) saw its shares surge over 13% in pre-market trading on Tuesday after the professional haircare company reported better-than-expected fourth-quarter earnings and revenue, and provided an optimistic outlook for fiscal 2025.
The company's Q4 adjusted earnings per share of $0.01 met 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, offsetting declines in the Professional and Direct-to-Consumer channels.
For fiscal 2025, Olaplex forecast net sales of $410-$431 million, above the $402.8 million consensus estimate. While this guidance range is slightly below the $423 million reported in 2024, the company expects to maintain an adjusted gross profit margin of 70.5%-71.5%, and an adjusted EBITDA margin of 20%-22%, reflecting ongoing investments in its business transformation and innovation pipeline.
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