Waldencast Acquisition ( (WALD) ) has issued an update.
On March 18, 2025, Waldencast plc announced its financial results for Q4 and the fiscal year 2024, highlighting significant growth and strategic advancements. The company reported a 27.5% increase in comparable net revenue and a 65.1% rise in adjusted EBITDA for the year, driven by brand expansions and operational efficiencies. Notably, Obagi Medical was recognized as the fastest-growing professional skincare brand in the US, while Milk Makeup expanded its distribution to Ulta Beauty. Additionally, Waldencast secured a new $205 million credit facility to enhance financial flexibility and extend debt maturity, positioning the company for continued growth and stakeholder value.
More about Waldencast Acquisition
Waldencast plc is a global multi-brand beauty and wellness platform, known for its brands such as Obagi Medical and Milk Makeup. The company focuses on creating, acquiring, and scaling high-growth, purpose-driven brands in the beauty and wellness industry.
YTD Price Performance: -14.71%
Average Trading Volume: 66,281
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $398.5M
See more insights into WALD stock on TipRanks’ Stock Analysis page.