Olaplex FY 2022 Net Sales Rose 17.7% with Stock Prices Down Nearly 80% Since the IPO

3月 03, 2023

3February 28, Santa Barbara-based Olaplex Holdings, Inc. (“Olaplex”) announced financial figures for the fourth quarter and full year of FY 2022 ended December 31, 2022, and held an analysts’ conference call.
For the full FY 2022, net sales increased 17.7% to $704.3 million, with a 15.4% increase in the United States and a 20.9% increase internationally.

By channel,

Additionally, in Q4,

Net sales declined 21.5% to $130.7 million;
Net sales decreased by 28.0% in the United States and decreased 13.4% internationally
By channel, Professional declined 3.9% to $54.9 mi …