Reports Q1 revenue $86.2M, consensus $83.28M.”Our first quarter results demonstrate our strong start to 2024. Our clear focus on profitability, delivering sales growth and achieving record gross margin of 37% as a public company is attributable to continued execution of our Transformation Pillars of Brand Maximization, Margin Enhancement and Operating Discipline,” said Chief Executive Officer, Carla Vernon. “These Pillars are deeply rooted in our operating practices and remain an enduring strategic element supporting our revenue growth and ongoing cost structure improvements in the first quarter. With our robust financial results to start the year and growth in consumer demand for Honest products, we are reaffirming our full year 2024 financial outlook.”
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Read More on HNST:
- The Honest Company to Report First Quarter Financial Results on May 8, 2024
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- Honest Company CCO Resigns, Financial Outlook Stable
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