Honest Company Q3 revenue up 6% to $82.7M; net loss widens to $5.1M

Honest Company, Inc.

2021-Q3 EPS reported -$0.33 revenue$238,258,000

Diapers and Wipes revenue rose 16% YoY to $53.8M; Skin and Personal Care up 28% to $25.4M.
Household and Wellness revenue fell 71% to $3.4M due to lower demand for sanitization products.
Retail channel revenue grew 28% to $43.5M; digital channel declined 11% to $39.1M.
Gross margin was 36.0% vs 37.7% a year ago; adjusted EBITDA of $1.2M vs $2.1M.
Cash and short-term investments totaled $90.3M at quarter end, up $26.7M from Dec 2020.

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