Q2 2025 Olaplex Holdings Inc Earnings Call Transcript
Key Points
- Olaplex Holdings Inc (OLPX) reported a 2.3% year-over-year increase in net sales for the second quarter, reaching $106.3 million.
- The company saw strong growth in its direct-to-consumer channel, with sales rising by low double digits.
- Professional channel sales grew by 12.1% year-over-year, driven by the US market.
- Olaplex Holdings Inc (OLPX) launched three new innovations in the first half of 2025, compared to only one in the first half of 2024.
- The company is maintaining its full-year 2025 guidance, reflecting confidence in its strategic initiatives and improving trends.
- Specialty retail sales declined by 16.7% year-over-year in the second quarter.
- Adjusted EBITDA margin decreased from 33.3% year-to-date in the previous year to 24.7% year-to-date in 2025, due to strategic investments.
- International sales are down low single digits year-to-date as the company undergoes transformation.
- The company expects third-quarter net sales to decline by high single digits year-over-year.
- Olaplex Holdings Inc (OLPX) is still in the midst of a significant transformation, with much work needed to unlock long-term growth.
Greetings, and welcome to the Olaplex Holdings, Inc. second quarter 2025 earnings results conference call. (Operator Instructions) As a reminder, this conference is being recorded.
It is now my pleasure to introduce Michael Oriolo, Vice President of Investor Relations. Please go ahead.
Good morning, everyone. Welcome to our second-quarter fiscal 2025 earnings call. Joining me today are Amanda Baldwin, Chief Executive Officer; and Catherine Dunleavy, Chief Operating Officer and Chief Financial Officer.
Before we start, I would like to remind you that management will make certain statements today, which are forward-looking, including statements about the outlook for the Olaplex business and other matters referenced in the company's earnings release issued today. Each forward-looking statement is subject to risks and uncertainties that could cause actual results to differ materially from those projected or implied by such statements.
Additional information regarding these factors appears under
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