Consumer EngagementThe overall consumer environment is more challenging and the brand has room to regain trust and enthusiasm from consumers across regions.
Financial PerformanceOLPX reported 3Q24 earnings with sales down -3.6% to $119.1M, missing estimates, indicating challenges in achieving expected sales growth.
Strategic ChallengesManagement is back in reset mode and guided FY24 down significantly, noting a major realignment to be taken with the international business, indicating ongoing strategic challenges.