The Honest Company reported $93 million revenue in the second quarter of 2024, a 10 per cent increase from the previous year, driven by strong baby products and wipes sales.
Gross margin rose to 38.3 per cent from 27.1 per cent, and adjusted EBITDA was positive $8 million.
Operating expenses increased by $3 million due to higher marketing investments.
Gross margin rose to 38.3 per cent from 27.1 per cent, and adjusted EBITDA was positive $8 million.
Operating expenses increased by $3 million due to higher marketing investments.
