Hydrafacial proprietor The Beauty Health Company reported web gross sales of $70.7 million in its third quarter earnings on Thursday, a lower of 10.3 p.c year-on-year. Slowing gross sales had been because of a cooler demand for Hydrafacial gadgets and coverings, although the corporate famous a slight enhance in profitability pushed by its consumables enterprise.
In the quarter ending Sept. 30, The Beauty Health Company delivered 875 Hydrafacial techniques delivered, a lower from 1118 in the identical interval final yr attributed to a “challenging macroeconomic environment,” mentioned chief government Pedro Malha in an accompanying assertion.
Despite slowing machine gross sales, the corporate exceeded the highest finish of its steering vary, due to its consumables enterprise — which consists of instruments and serums utilized in a Hydrafacial remedy, such because the Hydrafillic with Pep9 Booster launched in June of this yr, and the Hydralock HA Booster launched in October 2024 — in addition to tightening operational spending.
The earnings are the primary to be introduced underneath the stewardship of latest CEO Malha, who succeeded Marla Beck on Oct. 1. Malha mentioned that his staff remained dedicated to increasing the Hydrafacial machine footprint, strengthening business execution, and specializing in the rising consumables enterprise.
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