Warpaint ups sales guidance for 2023 as notes "robust" product margin

Warpaint London PLC is a United Kingdom-based specialist supplier of color cosmetics and owner of the W7 and Technic brands. The Company operates through two segments: Branded and Close-out. The Branded segment relates to the sale of the Company’s branded products. The Close-out segment relates to the purchase of third-party stock, which is then repackaged for sale. W7 is sold in the United Kingdom primarily to retailers and internationally to local distributors or retail chains. The Technic brand is sold in the United Kingdom and continental Europe with a focus on the gifting market, principally for high street retailers and supermarkets. In addition, the Company supplies own brand white label cosmetics produced for several high street retailers. It also sells cosmetics using its other brand names of Man'stuff, Body Collection, Very Vegan, and Chit Chat. The Company's subsidiaries include Warpaint Cosmetics Group Limited and Treasured Scents (2014) Limited, among others.