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Executives predict that sales will rise 26-27% to $642-644 million for the full year.
November 12, 2024
By: TOM BRANNA
Editor
Oddity Tech reported another jump in sales for the third quarter. As a result, the owner of Il Makiage and SpoiledChild raised its outlook for the full year. In Q3, sales rose more than 26% to $119 million. Analysts expected sales of $116 million. Net income more than quintupled to $18 million. “We are pleased with our financial results for the third quarter, which beat our guidance across revenue, gross margin, adjusted EBITDA [earnings before interest, taxes, depreciation and amortization]...
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