Honest Company Hits Record Revenue in 2024
The Honest Company (NASDAQ: HNST) held its fourth-quarter conference call on February 26, 2025, revealing insights into the company's ongoing transformation. Here are three key takeaways on the company's strategic direction and execution.The Honest Company demonstrated that its multiyear transformation initiative (brand maximization, margin enhancement, and operating discipline) is delivering results, with record revenue and its first full year of positive adjusted EBITDA as a public company.We delivered revenue of $378 million, which was up 10% year-over-year, and our gross margins expanded 900 basis points to 38%. This was our highest annual revenue and gross margin ever as a company. We also delivered our first full year of positive adjusted EBITDA as a public company.Continue reading
The Honest Company (NASDAQ: HNST) held its fourth-quarter conference call on February 26, 2025, revealing insights into the company's ongoing transformation. Here are three key takeaways on the company's strategic direction and execution.
The Honest Company demonstrated that its multiyear transformation initiative (brand maximization, margin enhancement, and operating discipline) is delivering results, with record revenue and its first full year of positive adjusted EBITDA as a public company.
We delivered revenue of $378 million, which was up 10% year-over-year, and our gross margins expanded 900 basis points to 38%. This was our highest annual revenue and gross margin ever as a company. We also delivered our first full year of positive adjusted EBITDA as a public company.
