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    Doug TsaoH.C. Wainwright & Co.

    Doug Tsao's questions to Evolus Inc (EOLS) leadership

    Doug Tsao's questions to Evolus Inc (EOLS) leadership • Q2 2025

    Question

    Doug Tsao of H.C. Wainwright & Co. sought to reconcile the significant reduction in guidance with commentary about a July recovery. He also asked about the expected sales trajectory for Evolisse in Q3, considering the initial channel stocking in Q2.

    Answer

    President & CEO David Moatazedi clarified the July trend was an "incremental improvement" from the late-Q2 slowdown, not a full rebound that would support prior guidance. For Evolisse, he advised focusing on the full back-half performance, implying Q4 would be stronger than Q3 as initial inventory is worked through and reorders build.

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