secwatch.observer — SEC 8-K summary
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Issuer:     Honest Company, Inc. (HNST)
CIK:        0001530979
Form:       8-K
Filed at:   2021-08-13T23:59:59+00:00
Accession:  0001530979-21-000018
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Honest Co. Q2 net loss $20M, revenue $74.6M (+3% YoY)
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- Net loss $20.0M (incl. $10.6M IPO costs) vs $0.4M loss Q2 2020; adjusted EBITDA loss $0.8M vs +$3.5M.
- Revenue $74.6M (+3% YoY, +20% vs Q2 2019); Skin & Personal Care +16%, Diapers & Wipes -2%, Household/Wellness -6%.
- Gross margin 36% (-50bps YoY, +110bps from Q1 2021) despite industry supply chain headwinds.
- Digital channel -24% due to key partner inventory cut; Retail +51% as consumers return to stores.
- Completed IPO May 2021, net proceeds ~$91M; cash $95.1M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530979/000153097921000018/0001530979-21-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530979/000153097921000018/hnst-20210813.htm
  HTML page:      https://secwatch.observer/filing/0001530979-21-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer