ODDITY Beats Q2 Estimates, Raises FY26 Outlook
ODDITY shares climbed 14% after Q2 results beat expectations and the firm raised its FY26 EBITDA outlook to $30M-$32M, with new reports highlighting a Q3 profit forecast that far exceeds analyst projections despite revenue headwinds.
GN stocks/shares-surge notes that the company's Q3 adjusted EBITDA forecast of $18M-$20M significantly outperforms the $6.3M analyst consensus, further underscoring the strength of the updated guidance.
Source: GN stocks/shares-surgeShares of ODDITY are climbing 14% in Wednesday trading, a reaction highlighted by GN stocks/shares-surge, as investors digest the strong quarterly performance and significantly higher profit targets.
Source: GN stocks/shares-surgePer GN markets/earnings (en-US), management confirmed SpoiledChild is on track to grow over 35% this year, while acknowledging that IL MAKIAGE faces ongoing customer acquisition headwinds due to a major advertising partner dislocation. The company also reported that Q3 revenue decline should narrow significantly to just 5% year-over-year, signaling a sequential improvement from the previous quarter.
Source: GN markets/earnings (en-US)ODDITY reported Q2 revenue of $181M and adjusted EPS of $0.20, exceeding expectations despite a 25% year-over-year revenue decline. The company raised its FY26 adjusted EBITDA guidance to $30M-$32M.
Source: GN stocks/shares-surge
