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Olaplex Holdings Inc (OLPX) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]

Olaplex Holdings, Inc. (OLPX) 
Company Research Source: Yahoo! Finance
Adjusted Gross Profit Margin: 70.8%, up 110 basis points from the previous year. Adjusted Net Income: $28.7 million or $0.04 per diluted share. Inventory: $85.9 million, a decrease of $14.3 million from the previous quarter. Cash and Cash Equivalents: $538.8 million, an increase of $30.9 million from the previous quarter. Long Term Debt: $645 million. Fiscal Year 2024 Net Sales Guidance: Revised to $405 million to $415 million. Fiscal Year 2024 Adjusted EBITDA Margin Guidance: Revised to 29.9% to 30.6%. Fiscal Year 2024 Adjusted SG&A Expenses: Expected to be $167 million to $170 million. Fiscal Year 2024 Non-Payroll Advertising and Marketing Expenses: Expected to be $62 million to $65 million. Warning! GuruFocus has detected 8 Warning Signs with CXW. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Olaplex Holdings Inc ( NASDAQ:OLPX ) reported a sequential improvement in net sal Show less Read more
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