Q2 Earnings Roundup: Olaplex (NASDAQ:OLPX) And The Rest Of The Personal Care Segment [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 slower Q2. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 14.6% below. Big picture, the Federal Reserve has a dual mandate of inflation and employment. The former had been running hot throughout 2021 and 2022 but cooled towards the central bank's 2% target as of late. This prompted the Fed to cut its poli
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News
- SESAC Celebrates Songwriters and Publishers at 2024 Nashville Music Awards [Yahoo! Finance]Yahoo! Finance
- Some Olaplex Holdings, Inc. (NASDAQ:OLPX) Analysts Just Made A Major Cut To Next Year's Estimates [Yahoo! Finance]Yahoo! Finance
- The 16 best products to preserve color-treated hair, according to hairstylists [CNN]CNN
- Olaplex Holdings, Inc. (NASDAQ: OLPX) had its price target lowered by analysts at Barclays PLC from $2.00 to $1.50. They now have an "equal weight" rating on the stock.MarketBeat
- Olaplex Holdings Inc (OLPX) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
OLPX
Earnings
- 11/7/24 - In-Line
OLPX
Sec Filings
- 11/19/24 - Form 4
- 11/12/24 - Form 4
- 11/7/24 - Form 3
- OLPX's page on the SEC website