Brief: The Honest Company reports Q2 results

Honest

12/08/2022 12:02

Aug 12 (Reuters) - Honest Company Inc  HNST.O :
    * THE HONEST COMPANY REPORTS SECOND QUARTER 2022 RESULTS
    * Q2 REVENUE ROSE 5 PERCENT TO $78 MILLION
    * UPDATES FULL YEAR 2022 OUTLOOK FOR COST PRESSURES
    * MAINTAINS FULL YEAR 2022 REVENUE OUTLOOK, REFLECTING
MID-SINGLE
DIGIT GROWTH FOR REMAINDER OF YEAR
    * UPDATES FULL YEAR ADJUSTED EBITDA OUTLOOK, INCLUDING
POSITIVE
ADJUSTED EBITDA EXPECTED IN Q4
    * STRATEGIC INITIATIVES REMAIN ON TRACK FOR EXECUTION OF
INNOVATION, NEW RETAIL DISTRIBUTION AND PRICING
    * QTRLY LOSS PER SHARE $0.11
    * Q2 EARNINGS PER SHARE VIEW $-0.08, REVENUE VIEW $76.3
MILLION --
REFINITIV IBES DATA

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