The Beauty Health Co. is a dynamic company specializing in innovative skincare solutions and aesthetic technologies. Focused on enhancing beauty and wellness, the company develops and markets unique products and treatment systems that cater to both professional and consumer markets. By leveraging advanced science and cutting-edge techniques, The Beauty Health Co. aims to address various skincare needs, promoting healthier skin and boosting confidence among its users. The company's commitment to quality and innovation positions it as a leader in the rapidly evolving beauty industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how personal care stocks fared in Q3, starting with BeautyHealth (NASDAQ:SKIN).
Shares of skincare company BeautyHealth (NASDAQ:SKIN)
jumped 18.2% in the morning session after the company reported impressive third-quarter earnings that blew past analysts' EBITDA and EBITDA guidance expectations. Notably, the company turned a profit while Wall Street had predicted a loss. Revenue also beat expectations, though sales declined relative to the previous year. The decline in revenue was primarily due to challenges in system sales, particularly in international markets like China. As a result, the company reduced its full-year sales outlook. To overcome some of the challenges impeding growth, the company revamped its commercial leadership team and appointed a new Chief Revenue Officer and Chief Marketing Officer with more relevant expertise. Also, it provided more flexible pricing for markets affected by high interest rates and limited financing availability.
Skincare company BeautyHealth (NASDAQ:SKIN) announced better-than-expected revenue in Q3 CY2024, but sales fell 19.1% year on year to $78.8 million. On the other hand, the company’s full-year revenue guidance of $327 million at the midpoint came in 4.1% below analysts’ estimates. Its GAAP loss of $0.15 per share was 55.2% below analysts’ consensus estimates.
The Beauty Health Company (NASDAQ: SKIN) (“BeautyHealth”), home to flagship brand Hydrafacial, today announced financial results for the third quarter ended September 30, 2024 ("Q3 2024").
The Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial™, today announced it will report third quarter 2024 financial results after market close on Tuesday, November 12, 2024. The Company will host an investor conference call at 4:30 p.m. Eastern Time, following a press release detailing the results.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at personal care stocks, starting with Coty (NYSE:COTY).
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the personal care industry, including e.l.f. (NYSE:ELF) and its peers.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the personal care industry, including Coty (NYSE:COTY) and its peers.
The Beauty Health Company (NASDAQ:SKIN), home to flagship brand Hydrafacial™, announced today that a video poster abstract presentation on the efficacy and safety of Hydrafacial treatments combined with non-ablative fractional laser and intense pulsed light (IPL) full-face treatments will be featured at the American Society for Dermatologic Surgery (ASDS) meeting in Orlando, Florida from October 17-20, 2024.
The Beauty Health Company (NASDAQ:SKIN), home to flagship brand Hydrafacial, today announced the appointment of two accomplished industry executives to its commercial leadership team. Ron Menezes will join Beauty Health as Chief Revenue Officer and Carrie Caulkins will join the Company as Chief Marketing Officer, effective October 15, 2024, with both reporting to the Company’s Chief Executive Officer, Marla Beck. Mr. Menezes assumes his new role from Dan (“Doc”) Watson, who is leaving Beauty Health and will assist with the transition through year-end. Ms. Caulkins fills an open position.
The Beauty Health Company (NASDAQ:SKIN), home to flagship brand Hydrafacial™, today announced the introduction of the Hydrafacial Glow Getter Scholarship program, a program that supports aspiring and licensed estheticians as they begin their journey and advance their careers and businesses in the growing field of esthetics; a profession that is projected to grow 10 percent through 2033.1
The Beauty Health Company (NASDAQ:SKIN), home to flagship brand Hydrafacial®, today announced the global launch of the Hydrafacial Hydralock HA Booster, a proprietary formulation backed by clinical testing that delivers the signature Hydrafacial glow and keeps on giving. Clinically proven to increase hydration by three times, the formula helps plump and firm the skin, delivers 24-hour moisture and glow and reduces the appearance of wrinkles by 63 percent after just one treatment. 1
The Beauty Health Company (NASDAQ: SKIN) (“BeautyHealth”), home to flagship brand Hydrafacial, today announced financial results for the second quarter ended June 30, 2024 ("Q2 2024"). For the quarter, net sales of $90.6 million decreased (22.9)% relative to the same period in 2023. Second quarter results reflect lower equipment sales partially offset by steady growth in consumables net sales.
The Beauty Health Company (NASDAQ:SKIN), home to flagship brand Hydrafacial™, today announced it will report second quarter 2024 financial results after market close on Thursday, August 8, 2024. The Company will host an investor conference call at 4:30 p.m. Eastern Time, following a press release detailing the results.
