Olaplex Holdings falls 32% after lowering FY22 guidance
October 20, 2022
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The company’s products are available through a network of salons and retailers, as well as online. Olaplex Holdings fell 32% after lowering its FY22 guidance to reflect a slowdown in sales momentum on account of macro-economic pressures, increased competitive activity and a moderation in new customer acquisition. For FY22, the company now expects net sales in the range of $704M-$711M , adjusted net income of $303M-$307M and adjusted EBITDA of $425M-$431M. Additionally, the company also provided preliminary Q3 unaudited net sales estimates and and an expected range for net income, adjusted net income and adjusted EBITDA. The company’s products have been well-received by consumers and experts alike, with many praising the products for their effectiveness and value.
However, the slowdown in sales momentum and increased competition are likely to pressure margins and profitability in the near-term.
Market Price
Olaplex Holdings Stock Fair Value – Olaplex Holdings ($NASDAQ:OLPX), a hair care company, fell 32% after lowering its FY22 guidance. The company has been facing negative news coverage recently, but on Tuesday, its stock opened at $9.9 and closed at $9.8, up by 2.0% from its last closing price of $9.6.
VI Analysis – Olaplex Holdings Stock Fair Value Calculator
Olaplex Holdings, LLC manufactures and sells hair care products. The company offers its products through retailers, salons, and online. Olaplex’s products are designed to improve the health and appearance of hair by repairing damage and preventing further damage. The company’s flagship product, Olaplex No. 3 Hair Perfector, is a leave-in treatment that helps to repair and protect hair from damage caused by chemicals, heat, and other environmental factors.
Olaplex Holdings, LLC’s products are available through a network of retailers, salons, and online retailers. The company offers its products in a variety of sizes and packaging options to meet the needs of its customers. Olaplex Holdings, LLC offers its products through its website and through select retailers in the United States and internationally.
VI Peers
The market for hair care products has seen intense competition in recent years, with Olaplex Holdings Inc emerging as a major player. The company has been pitted against some of the biggest names in the industry, including FSN E-Commerce Ventures Ltd, Matas A/S, and Petco Health and Wellness Co Inc. While all of these companies offer similar products and services, Olaplex has differentiated itself with its unique approach to hair care.
– FSN E-Commerce Ventures Ltd ($BSE:543384)
FSN E-Commerce Ventures Ltd. is an online retailer that operates in the e-commerce industry. The company was founded in 2004 and is headquartered in Shenzhen, China. FSN E-Commerce Ventures Ltd. operates in three segments: Retail, Marketplace, and Advertising. The Retail segment offers products and services through its online retail platform. The Marketplace segment provides an online marketplace for third-party sellers to sell their products and services. The Advertising segment offers online advertising services. FSN E-Commerce Ventures Ltd. has a market cap of 542.98B as of 2022 and a Return on Equity of 4.81%.
– Matas A/S ($LTS:0QFA)
Matas A/S is a Danish retailer of health and beauty products with a market cap of 2.87B as of 2022. The company has a Return on Equity of 8.02%. Matas A/S is a leading retailer of health and beauty products in Denmark with over 1,200 stores. The company offers a wide range of products including skin care, hair care, cosmetics, wellness, and fragrance. Matas A/S is a publicly traded company listed on the Copenhagen Stock Exchange.
– Petco Health and Wellness Co Inc ($NASDAQ:WOOF)
Petco Health and Wellness Co Inc is a leading pet retailer with a market cap of 2.83B as of 2022 and a Return on Equity of 6.12%. The company offers a wide range of products and services for pets, including food, toys, and health and wellness products. Petco also offers a variety of services, such as grooming, boarding, and training.
Summary
Olaplex Holdings, Inc. is a holding company that engages in the manufacture and sale of hair care products. The company offers a variety of hair care products, including shampoos, conditioners, treatments, and styling products. Olaplex Holdings also provides hair care services to salons and other hair care professionals. Olaplex Holdings has been facing some challenges recently, including the lowering of its FY22 guidance.
However, despite these challenges, the company remains a leader in the hair care industry and continues to innovate with new products and services. Olaplex Holdings is a publicly traded company, and its shares are listed on the Nasdaq Stock Market.
