Olaplex Holdings, Inc. (NASDAQ:OLPX) Q3 2022 Results Conference Call November 9, 2022 9:00 AM ET

Company Participants

Allison Malkin - ICR

JuE Wong - President, CEO and Director

Eric Tiziani - CFO

Conference Call Participants

Jonna Kim - Cowen

Olivia Tong - Raymond James

Rob Ottenstein - Evercore

Jason English - Goldman Sachs

Jonathan Keypour - Bank of America

Ashley Helgans - Jefferies

Operator

Good morning, and welcome to Olaplex Inc.'s Third Quarter 2022 Financial Results Conference Call. All participants are in a listen-only mode. After the speaker’s presentation we will conduct a question and answer session. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to turn the call over to Allison Malkin of ICR.

Please go ahead, Ms. Malkin.

Allison Malkin

Thank you. Before we start, I would like to remind you that management will make certain statements today which are forward looking, including statements about the outlook of Olaplex's business and other matters referenced in the company's earnings release issued today. Each forward-looking statement is subject to risks and uncertainties that could cause actual results to differ materially from those projected in or implied by such statements. Additional information regarding these factors appears under the heading Cautionary Note regarding forward-looking statements in the company's earnings release and in the filings the company makes with the Securities and Exchange Commission that are available at www.sec.gov and on the Investor Relations section of the company's website at ir.olaplex.com.

The forward-looking statements on this call speak only as of the original date of this call, and we undertake no obligation to update or revise any of these statements. Also, during this call, management will discuss certain non-GAAP financial measures, which management believes can be useful in evaluating the company's performance. The presentation of non-GAAP financial measures should not be considered in isolation, or as a substitute for results prepared in accordance with GAAP. You will find additional information regarding these non-GAAP financial measures and a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures in the company's earnings release. A live broadcast of this call is also available on the Investor Relations section of the company's website at ir.olaplex.com.

I will now turn the call over to JuE Wong.

JuE Wong

Thank you, Allison, and good morning, everyone. Before we get into the details of Q3 and the balance of 2022, I'd like to take a step back for a moment to provide some perspectives on our business. Since our founding and over the course of the last year as a public company, we have built a business that is truly differentiated in the beauty category and specifically in prestige hair care. We created the bond-building hair care segment, launching a new subcategory that has changed the way consumers treat, protect and maintain healthy hair.