HealthFortuneabout 3 hours ago
Milk Makeup Sales Plunge Amid Empire Building Efforts
6 min read
Waldencast, formed from L'Oréal execs, focused on reviving Milk Makeup after selling Obagi Medical. Milk Makeup's net revenue dropped 57.1% in the first half of 2026, while the company posted an adjusted EBITDA loss of $14.8 million, signaling severe operational struggles.
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