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    Alex Lake • Canaccord Genuity

    Alex Lake is an Equity Research Analyst at Canaccord Genuity, focusing on coverage within the healthcare and biotechnology sectors. He is known for analyst coverage of companies such as Alphatec Holdings (ATEC), where he has provided actionable buy ratings and price targets that have aligned with industry consensus and market performance. With a research career rooted in equity analysis, Lake’s background prior to Canaccord Genuity is not widely publicized, but his recent track record shows engagement in high-visibility names within the medtech space and consistent delivery of data-driven recommendations. His professional credentials, industry licensure, and additional recognitions are not publicly available.

    Alex Lake's questions to Waldencast PLC (WALD) leadership

    Alex Lake's questions to Waldencast PLC (WALD) leadership • Q1 2025

    Question

    Alex Lake from Canaccord Genuity asked for early reads on the Milk Makeup launch in Ulta Beauty, specifically if it is attracting new customers and whether there is potential for expansion beyond the initial 600 doors.

    Answer

    Executive Michel Brousset reported that the company is very pleased with the early results at Ulta. The 600 doors were strategically selected for high productivity and incrementality to minimize overlap with existing retail partners. He emphasized a disciplined approach to expansion but noted that given the initial success, the company is evaluating potential further expansion within the Ulta network, including Ulta at Target.

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