Olaplex Holdings, Inc. (NASDAQ:OLPX) Q3 2023 Earnings Call Transcript

Aside from that, what we’re seeing is growth and really promising green shoots in some other international markets that we’ve talked about previously. Southeast Asia, the Middle East, cross borderecommerce in China and France and the Nordics in Europe as well.These are all markets that are smaller for us today but we believe we’re seeing some really promising, momentum that is going to certainly pay dividends for us in the future.And last but not least, you asked about the category. We continue to see Prestige Hair Care globally as a very attractive and resilient category and it’s continued to grow.That’s continued to grow strongly in the U.S. We expect that to continue, frankly, in the fourth quarter and into 2024 and beyond as well.Yes, there’s a little bit of a segmentation there front of Salon.

So the pro-channel has been a little bit more challenged with macro pressures, but retail and Direct-to-Consumer have fared quite resiliently in 2023 and we expect that to continue. So we are in a very attractive category. We are focused on stabilization and doing all the right things to put the right foundation in place to return this business to very profitable growth.

Operator: Thank you. We have reached the end of Q&A session. I’ll turn the call back over to Eric Tiziani for closing remarks.

Eric Tiziani: Thank you very much.Thank you everyone for joining us today on the call. We appreciate your continued interest in the Olaplex business. Please reach out if you have any questions and we look forward to speaking to all of you again very soon. Thanks again. Have a great day.

Operator: This concludes today’s teleconference. [Operator Closing Remarks].