Olaplex Lowers 2024 Guidance: Now Sees Revenue Of $405M-$415M (Prior $435M-$463M) Vs. $446.411M Est., And Adj. Net Income Of $67M-$73M (Prior $87M-$100M)

Benzinga
07 Nov 2024

Fiscal Year 2024 Guidance

The Company updated its guidance for net sales, adjusted net income and adjusted EBITDA for fiscal year 2024, as set forth below.

(Dollars in millions)Prior Fiscal Year 2024 GuidanceUpdated Fiscal Year 2024 Guidance
Net Sales$435-$463$405-$415
Adjusted Net Income*$87-$100$67-$73
Adjusted EBITDA*$143-$159$121-$127

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