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Mar 31, 2022
Olaplex Q1 2022 Earnings Report
Olaplex's net sales increased by 57.6% to $186.2 million, with diluted EPS at $0.09 and adjusted diluted EPS at $0.13.
Key Takeaways
Olaplex reported a strong start to 2022 with a 57.6% increase in net sales, driven by growth across all channels and geographies. The company launched new products and expanded distribution, while reaffirming its fiscal year 2022 guidance for net sales, adjusted net income, and adjusted EBITDA.
Net sales increased 57.6% to $186.2 million.
Professional channel grew 62.6% to $77.0 million.
Specialty Retail increased 102.5% to $64.3 million.
Diluted EPS were $0.09 and Adjusted Diluted EPS was $0.13.
Olaplex
Olaplex
Olaplex Revenue by Segment
Forward Guidance
The Company re-affirmed its guidance for fiscal year 2022 on net sales, adjusted Net Income and adjusted EBITDA.
Positive Outlook
- Net Sales $796 - $826 million
- Adjusted Net Income $363 - $379 million
- Adjusted EBITDA $504 - $526 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income