Welcome to our dedicated page for Olaplex Holdings news (Ticker: OLPX), a resource for investors and traders seeking the latest updates and insights on Olaplex Holdings stock.
Olaplex Holdings, Inc. (NASDAQ: OLPX) is a science-enabled, technology-driven beauty company focused on hair health and bond-building formulations. Classified in toilet preparation manufacturing within the manufacturing sector, Olaplex positions itself as a foundational health and beauty company powered by breakthrough innovation and the professional hairstylist.
This news page aggregates OLPX news, including company-issued press releases and other coverage related to its business performance and strategic initiatives. Recent communications from Olaplex have highlighted its multi-pronged "Bonds and Beyond" transformation strategy, investments in sales and marketing, research and development, and efforts to strengthen execution capabilities across its omnichannel platform.
Investors and followers of Olaplex can use this page to track earnings announcements, such as quarterly results detailing net sales by channel across professional, specialty retail and direct-to-consumer, as well as updates on adjusted EBITDA and other non-GAAP measures described by the company. The page also surfaces news on corporate developments, including board appointments, participation in investor conferences, and strategic moves like the acquisition of Purvala Bioscience, a biotech company focused on bioinspired technologies for health and beauty applications.
Because Olaplex emphasizes science-backed haircare, its news flow often touches on product innovation, bond-building technology, and initiatives aimed at supporting professional stylists and consumers with holistic hair regimens. For anyone researching OLPX stock or monitoring the company’s strategic direction, this page offers a centralized view of its latest publicly released information. Bookmark this feed to follow ongoing disclosures, from financial updates to innovation-focused announcements and corporate governance changes.
Olaplex Holdings, Inc. (NASDAQ: OLPX) reported strong third quarter 2021 results, with net sales increasing by 81% year-over-year to $161.6 million. The growth was driven by broad-based strength across distribution channels and new product launches. Gross profit rose by 103% to $127.5 million, achieving a gross margin of 78.9%. Net income nearly doubled to $56.6 million. Olaplex also completed its IPO in October 2021, selling shares at $21 each, generating significant interest in the market. The company expects continued growth in Fiscal 2021, targeting net sales of $580-$588 million.
Olaplex Holdings, Inc. (OLPX) will announce its third quarter fiscal 2021 earnings results on November 10, 2021, before market open. An investor conference call and webcast will be held at 9:00 AM ET/6:00 AM PT on the same day, providing an overview of the financial performance. Olaplex is renowned for its bond-building hair care products, which employ patented technology to restore hair health, and are available through various global sales channels.
Olaplex Holdings announced the full exercise of the underwriters' option to purchase an additional 11,055,000 shares of its common stock at $21.00 per share, finalized on October 8, 2021. This follows the company's initial public offering that closed on October 4, 2021, where it offered 73,700,000 shares. The shares were sold by existing stockholders, and Olaplex did not receive proceeds from this sale. The IPO took place on the Nasdaq Global Select Market under the symbol OLPX.
Olaplex Holdings announced its initial public offering (IPO) of 73,700,000 shares at $21.00 each, exclusively offered by existing stockholders. The company will not receive proceeds from this sale. An additional 11,055,000 shares may be purchased by underwriters within 30 days at the same price. Trading on Nasdaq under the symbol 'OLPX' is set to commence on September 30, 2021, with the offering closing on October 4, 2021. Major investment banks including Goldman Sachs, J.P. Morgan, and Morgan Stanley are managing the offering.