Honest Company Beats Earnings, Misses Revenue

The Honest Company, a Los Angeles-based consumer products business, reported a surprise profit of $0.01 per share in its third-quarter earnings, exceeding Wall Street expectations. Despite this positive earnings report, the companys revenue of $92.6 million fell short of the projected $99.4 million, indicating a potential slight decrease in sales volume. The mixed financial results highlight the companys efficient cost management and operational efficiency in the competitive consumer products market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.