Olaplex HoldingsNASDAQ: OLPX

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report third quarter fiscal 2024 financial results before the market opens on Thursday, November 7, 2024.

Shares of Olaplex Holdings are primed for a rebound after years of declines due to poor financial performance and a weak management outlook. The company's specialized product mix is full of high-grade haircare solutions that are well-positioned amidst competitors. After years of declining revenues in the company's Pro sales channel, several key initiatives have been established to reconnect with professional hairstylists to return this network to growth.

Olaplex's executive chairman bought shares of the beleaguered hair care company for the first time this year. The market viewed these personal buys as a vote of confidence for the stock, which reported better-than-expected earnings in early August.

NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced their participation in the Barclays 17th Annual Global Consumer Staples Conference in Boston, MA.

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (NASDAQ: OLPX) ("OLAPLEX" or the "Company") today announced financial results for the second quarter and six months ended June 30, 2024. Amanda Baldwin, OLAPLEX's Chief Executive Officer, commented: "Our second quarter performance was in line with our expectations and demonstrated continued stabilization in the business.

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Olaplex Holdings, Inc. (“OLAPLEX”), today announced that it plans to report second quarter fiscal 2024 financial results before the market opens on Tuesday, August 6, 2024.

Olaplex reported a Q1 slightly beating the previously guided sales range, and showing a good profitability despite the slower sequential and year-over-year revenues. The company should report its Q2 results soon, and I suggest watching the revenues closely as the 2024 outlook expects sequential improvements. The stock's valuation is becoming more attractive, but due to the high-risk profile regarding the prior PR headwinds and the needed return to growth, I remain neutral.

Olaplex Holdings, Inc. (NASDAQ:OLPX) Q1 2024 Earnings Conference Call is scheduled for May 5, 2024 at 9:00 AM ET. Company representatives on the call include Patrick Flaherty, Amanda Baldwin, and Eric Tiziani. Various analysts and investors are also participating in the call. The operator welcomes everyone to the conference call and reminds participants that it is currently in a listen-only mode.

The key metrics for Olaplex (OLPX) in the quarter ending March 2024 provide an indication of the company's performance, but it could be beneficial to compare these figures with Wall Street forecasts and the results from the previous year.