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Olaplex: Hoping For Revenue Improvements Going Ahead
Olaplex reported a Q1 slightly beating the previously guided sales range, and showing a good profitability despite the slower sequential and year-over-year revenues. The company should report its Q2 results soon, and I suggest watching the revenues closely as the 2024 outlook expects sequential improvements. The stock's valuation is becoming more attractive, but due to the high-risk profile regarding the prior PR headwinds and the needed return to growth, I remain neutral.
Seekingalpha | 1 year ago
