The Honest Company, Inc. Provides Revenue Guidance for the First Quarter and Full Year of 2022
March 24, 2022 at 04:16 pm EDT
Share
The Honest Company, Inc. provided revenue guidance for the first quarter and full year of 2022. For the quarter, the company expects revenue to decline approximately 15% from first quarter of 2021. Subsequent three quarters are expected to see mid-single digit growth compared to 2021.
For the year, the company expects revenue to be approximately flat compared to 2021.
The Honest Company, Inc. is a personal care company focused on creating clean- and sustainably designed products. It is an omnichannel brand, where its products are available through its retail and digital channels. Its three product categories are diapers and wipes, skin and personal care, and household and wellness. Diapers and wipes product category have primary components of its Clean Conscious diapers are made with sustainably harvested, plant-based fluff pulp and other plant-derived materials. The Company's skin and personal care products use clean and safe ingredients, including many naturally derived ingredients. The household and wellness product category includes baby clothing, pre-and post-natal vitamins, wellness supplements, sanitizing wipes, and hand sanitizer made with plant-based ingredients. The Company's products are available online at www.honest.com. The Companyâs distribution network includes two warehouses in Nevada and Pennsylvania.
THE HONEST COMPANY, INC. 
