Personal Care Stocks Q3 Teardown: Olaplex (NASDAQ:OLPX) Vs The Rest [Yahoo! Finance]
Olaplex Holdings, Inc. (OLPX)
Company Research
Source: Yahoo! Finance
While personal care products products may seem more discretionary than food, consumers tend to maintain or even boost their spending on the category during tough times. This phenomenon is known as "the lipstick effect" by economists, which states that consumers still want some semblance of affordable luxuries like beauty and wellness when the economy is sputtering. Consumer tastes are constantly changing, and personal care companies are currently responding to the public's increased desire for ethically produced goods by featuring natural ingredients in their products. The 13 personal care stocks we track reported a mixed Q3. As a group, revenues beat analysts' consensus estimates by 0.5% while next quarter's revenue guidance was 10.6% below. Luckily, personal care stocks have performed well with share prices up 11.1% on average since the latest earnings results. Rising to fame on TikTok because of its “bond building" hair products, Olaplex (NASDAQ:OLPX) offers products and tre
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OLPX
News
- Is Olaplex Holdings (OLPX) the Best NASDAQ Penny Stock to Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Nominations Announced for the 2025 Make-Up Artists & Hair Stylists Guild Awards [Yahoo! Finance]Yahoo! Finance
- Olivia Culpo Talks Holiday Plans, Beauty Hacks & Salmon Sperm Facials [Forbes]Forbes
- When are Sephora Black Friday and Cyber Week 2024 deals? Dates, sales, everything to know [USA TODAY]USA TODAY
- Best Black Friday Beauty Buys - How Experts Stack The Savings [Forbes]Forbes
OLPX
Earnings
- 11/7/24 - In-Line
OLPX
Sec Filings
- 12/16/24 - Form 144
- 12/13/24 - Form 4
- 12/5/24 - Form 4
- OLPX's page on the SEC website