Reading Time: 1 minute
Oddity achieved a record revenue in Q4, with sales increasing by 27% year-over-year. The EPS, which rose by 33%, was above expectations, just like the revenue. In Q1, revenue is expected to be between $258 million and $262 million, representing more than a doubling compared to Q4. The growth was driven by double-digit gains in the brands IL MAKIAGE and SpoiledChild. Since these two brands alone can serve a market worth $600 billion, the growth is likely to accelerate further. Oddity continues to invest in AI-driven algorithms and vision technologies...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
