earnings
confidence high
sentiment positive
materiality 0.80
Honest Company Q2 revenue $93M (+10% YoY), gross margin 38.3% (+1,120 bps); raises FY outlook
Honest Company, Inc.
2024-Q2 EPS reported
-$0.06
revenue$179,266,000
- Revenue $93M, +10% YoY; record quarterly revenue driven by baby products and wipes.
- Gross margin 38.3%, up 1,120 bps from 27.1%; net loss narrowed to $4.1M from $13.4M.
- Adjusted EBITDA positive $7.6M vs negative $4.1M in prior year.
- Raised full year 2024 revenue and Adjusted EBITDA outlook.