Navann Ty Dietschi's questions to Beauty Health (SKIN) leadership • Q1 2025
Question
Navann Ty Dietschi of BNP Paribas asked about the progress of the shift to a distributor model in China, whether the guided tariff impact is net of mitigating actions, and if the company has seen increased competition.
Answer
Executive Michael Monahan reported that the China distributor transition is well underway and expected to be completed in Q2. He clarified the tariff impact is a gross expense, as potential price increases are still being evaluated. Executive Marla Beck addressed competition by stating the company remains the category leader with over 60% U.S. market share, emphasizing its role as a 'gateway treatment' and its focus on clinical validation to create further distance from competitors.