Company News, Financial News

The Honest Company Reports Q1 Revenue Growth of 21%

Company says results were driven by strong retail consumption, growth in the digital channel and distribution gains achieved in 2022.

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By: Lianna Albrizio

Associate Editor

The Honest Company reported a revenue growth of 21% in the first quarter for 2023.   The results reflect the three months ended March 31, 2023.   “The strength of the Honest Brand is reflected in our first quarter revenue growth of 21% and tracked channel consumption growth of 30%,” said CEO Carla Vernón. “With well-balanced growth across digital and retail channels, both up over 20% in the quarter, we remain confident about our omnichannel approach of making Honest products avai...

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