Welcome to our dedicated page for Honest Company news (Ticker: HNST), a resource for investors and traders seeking the latest updates and insights on Honest Company stock.
The Honest Company, Inc. (NASDAQ: HNST) generates a steady flow of news as a personal care and baby care brand focused on cleanly-formulated and sustainably-designed products. Its news coverage often centers on quarterly financial results, strategic transformation initiatives and product developments that affect how the company operates and where its products are available.
Investors following HNST news will find regular earnings announcements detailing revenue, gross margin, net income and adjusted EBITDA, along with commentary on the company’s Transformation Pillars of Brand Maximization, Margin Enhancement and Operating Discipline. In 2025, news items have highlighted multiple consecutive quarters of positive adjusted EBITDA and periods of positive net income, as well as updates to the company’s full-year outlook.
Another key theme in Honest’s news flow is its transformation and restructuring activity. The launch of Transformation 2.0: Powering Honest Growth, described in both press releases and a Form 8-K, outlines plans to exit lower margin, non-strategic categories and channels, including Honest.com fulfillment, apparel and Canadian retail and online stores. Coverage of this program explains expected restructuring costs, anticipated annualized benefits and the timeline for implementation.
Product-focused news includes announcements such as the launch of new and improved Clean Conscious Diapers®, where the company details performance features, ingredient standards and third-party testing. Corporate governance and leadership updates, such as the appointment of a new Chief Financial Officer and related inducement equity grants, also appear in the news stream, alongside notices of participation in investor conferences hosted by firms like Wells Fargo and Northland.
By tracking The Honest Company news page, readers can monitor how strategic initiatives, financial performance, product launches and leadership changes intersect to shape the HNST investment story over time.
The Honest Company has announced its second collaboration with Lil' Libros, launching a -edition product line inspired by Alebrijes, fantastical creatures from Mexican folk art. Available exclusively at Walmart from August 1 to November 1, 2024, the collection features diapers, wipes, and baby care essentials adorned with vibrant, bilingual prints celebrating Latin American culture.
This partnership aims to authentically honor cultural diversity while providing clean and sustainably-designed products for families. The Honest Company's baby products are crafted with sensitive skin in mind, using Clean Conscious® and responsibly sourced ingredients. This collaboration aligns with both brands' commitment to education, diversity, and creating meaningful experiences for families.
The Honest Company (NASDAQ: HNST) reported strong Q2 2024 results, raising its full-year outlook. Key highlights include:
- Record revenue of $93 million, up 10% year-over-year
- Gross margin improved to 38.3%, a 1,120 basis point increase
- Net loss reduced to $4 million from $13 million in Q2 2023
- Adjusted EBITDA positive at $8 million, compared to -$4 million in Q2 2023
The company attributes its success to its Transformation Pillars strategy. Based on H1 2024 performance, Honest raised its full-year 2024 outlook, projecting mid-to-high single-digit revenue growth and adjusted EBITDA of $15-18 million.
The Honest Company (NASDAQ: HNST), a personal care company focused on clean and sustainable products, has announced its upcoming second quarter 2024 financial results release. The company will disclose its financial performance after the market closes on Thursday, August 8, 2024. Following the release, Honest will host an investor conference call and webcast at 1:30pm PT/4:30pm ET on the same day to discuss the results.
Investors and interested parties can access the live webcast through the company's investor relations website or a provided direct link. For those preferring to participate via phone, a registration link is available to receive dial-in details. To ensure timely participation, attendees are encouraged to join the call fifteen minutes before the scheduled start time. A replay of the webcast will be accessible on the company's website for one year following the event.
The Honest Company (NASDAQ: HNST) reported strong first quarter 2024 results with revenue reaching $86 million, a 3% increase from 2023. The company achieved a gross margin of 37%, a significant expansion of 1,275 basis points year-over-year. Operating expenses decreased by $6 million, leading to a net loss of $1 million compared to $19 million in 2023. Adjusted EBITDA was positive $3 million, marking the second consecutive quarter of positive adjusted EBITDA. The company reaffirmed its full year 2024 financial outlook with a focus on revenue growth and profitability.
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