Olaplex Holdings (OLPX) Tops Q4 EPS by 1c; Guides FY23 Lower

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Go back to Olaplex Holdings (OLPX) Tops Q4 EPS by 1c; Guides FY23 Lower

OLAPLEX Reports Fourth Quarter and Full Year 2022 Results

February 28, 2023 6:45 AM EST

SANTA BARBARA, Calif., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ: OLPX) ("OLAPLEX" or the "Company") today announced financial results for the fourth quarter and full year ended December 31, 2022.

For fiscal year 2022 compared to fiscal year 2021:

Net sales increased 17.7% to $704.3 million; Net sales increased 15.4% in the United States and increased 20.9% internationallyBy channel: Professional increased 16.0% to $300.5 million;Specialty Retail increased 33.9% to $235.3 million;Direct-To-Consumer increased 3.0% to $168.5 million; Net income increased 10.5%... More