Il Makiage Parent Raises Full-Year Outlook

Oddity Tech, the parent company of Il Makiage and Spoiled Child, announced Tuesday that the business had raised its full year outlook after posting first quarter revenue earnings of $268 million, a 27 percent year-over-year increase.

The company “exceeded expectations across all metrics,” said Oran Holtzman, Oddity co-founder and CEO, and posted an adjusted EBITDA of $52 million. Both brands under the company’s umbrella posted double-digit revenue growth. A feat made possible by…