ODDITY (ODD) Q1 FY26 earnings call

ODDITY navigated a challenging Q1 FY26 marked by significant CPA increases with its largest advertising partner, leading to a 26% revenue decline. While May showed a promising 28% CPA improvement, the company anticipates continued headwinds in Q2 with a projected 25-30% revenue decline. Management remains hopeful for normalization in the second half of the year, driven by ongoing technical remediation efforts and the strong performance of its new METHODIQ brand.