Olaplex Holdings, Inc. reported fourth-quarter 2024 net sales of $100.7 million, a 9.8% decrease compared to the fourth quarter of 2023. The company's adjusted EBITDA for the quarter was $17.5 million, with an adjusted EBITDA margin of 17.4%.
For the full fiscal year 2024, net sales totaled $422.7 million, representing a 7.8% decrease from 2023. Adjusted EBITDA for the full year was $129.7 million, achieving a 30.7% margin. The company's Q4 net income was a loss of $8.8 million, compared to a profit of $14.1 million in the prior year period.
Looking ahead, Olaplex provided its fiscal year 2025 guidance, projecting net sales between $410 million and $431 million, which represents a range of -3% to +2% compared to 2024. The company anticipates an adjusted gross profit margin of 70.5% to 71.5% and an adjusted EBITDA margin of 20% to 22%, reflecting planned investments in demand generation, innovation, and talent.
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