Business
A Harbinger of Beauty Industry Resiliency, BeautyHealth Announces Three-Year Plan to Double Sales, At Least Triple Profit
Company hosts Analyst and Investor Day in New York City today Expects growth across all channels and geographies, projecting EMEA and APAC businesses to
About this update from Skinhealth Systems Inc.
[{"type":"text","content":"\n\nCompany hosts Analyst and Investor Day in New York City today\n\n\nExpects growth across all channels and geographies, projecting EMEA and APAC businesses to overtake Americas by 2025\n\n\n LONG BEACH, Calif.--(BUSINESS WIRE)--\nThe Beauty Health Company (NASDAQ: SKIN), home to flagship brand Hydrafacial, today hosts its Analyst and Investor Day in New York City. At the event, BeautyHealth will provide an update on the significant progress the company is making on its five-point Master Plan and will announce new financial goals, namely our intent to double net sales and at least triple adjusted EBITDA by 2025.\n\n“BeautyHealth is a category creator building the ultimate beauty regimen for skin health and personal confidence. Our differentiated product offering, innovative technology, compelling business model, and passionate community of providers and consumers have helped us deliver consistent growth and will propel our future,” said BeautyHealth President and Chief Executive Officer Andrew Stanleick.\n\n“Our market opportunity is massive across geographies and categories and largely unpenetrated. Our new three-year growth and profitability goals reflect our confidence and ability to capitalize for the future. With an exceptional management team in place, we are just getting started.”\n\nEvent Overview:\n\nThe BeautyHealth Executive Committee will provide an update on progress made against investments in the company’s five-point Master Plan, namely efforts to:\n\n1. Expand the BeautyHealth and Hydrafacial footprint by placing systems in a profitable landgrab\n2. Invest in providers through education and events to fuel sales conversion\n3. Drive brand awareness with agile marketing to increase engagement and utilization\n4. Build a global infrastructure and innovation pipeline to scale profitable growth\n5. Deliver accretive M&A to add product offerings and capabilities\n\nFurther insight will be shared on BeautyHealth’s:\n\nProduct and technology.\n\n\nPatented Hydrafacial technology that fosters a valuable partnership platform and delivers best-in-class results\n\n\nProgress launching globally our next generation, smart and connected delivery system, Syndeo, which is a massive leap forward in skincare technology to deliver a new, better and different treatment than any other product available\n\n\nFinancial outlook.\n\n\nA...