Waldencast Launches Strategic Review with Lazard; Lowers 2025 Net Revenue Outlook; Defers Quarterly Financial Performance Announcement

MT Newswires Live

08/19

Waldencast (WALD) said late Monday that it plans to undertake a review of a broad range of strategic alternatives and has retained Lazard to serve as financial advisor.

The company also said it now expects 2025 net revenue growth in the low to mid-single digits, down from its earlier outlook of mid-teens net revenue growth.

Waldencast also its financial results for Q2 and H1 ended June 30, originally scheduled for Monday, Aug. 18, have been postponed to a later date to be announced.

Waldencast shares were up 19% in recent Tuesday premarket activity.

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