Olaplex Holdings, Inc. (NASDAQ: OLPX) saw its stock price soar 5.11% in pre-market trading on Thursday following the release of its first-quarter 2025 financial results, which surpassed analyst expectations. The beauty company, known for its hair care products, demonstrated resilience in a challenging market environment.
For the first quarter, Olaplex reported sales of $96.978 million, beating the IBES estimate of $93.8 million by 3.37%. Although this represents a 1.9% decrease from the same period last year, it marks a solid performance given the current economic climate. The company's adjusted EBITDA came in at $25.664 million, significantly higher than the IBES estimate of $22.8 million, with an adjusted EBITDA margin of 26.5%.
Adding to investor confidence, Olaplex reaffirmed its full-year 2025 guidance. The company expects net sales between $410 million and $431 million, in line with the current IBES view of $417.2 million. This outlook suggests management's optimism about the company's growth trajectory and ability to navigate market challenges. CEO Amanda Baldwin commented on the results, stating, "We had a solid start to the year as the quarter marked continued progress on our transformation and our Bonds and Beyond strategy, with first quarter sales coming in ahead of our expectations."
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