Advertisement
Australia markets closed
  • ALL ORDS

    7,945.10
    +7.20 (+0.09%)
     
  • AUD/USD

    0.6513
    +0.0024 (+0.37%)
     
  • ASX 200

    7,690.70
    +7.20 (+0.09%)
     
  • OIL

    83.54
    +0.18 (+0.22%)
     
  • GOLD

    2,340.70
    -1.40 (-0.06%)
     
  • Bitcoin AUD

    102,237.40
    -15.05 (-0.01%)
     
  • CMC Crypto 200

    1,415.51
    -8.59 (-0.60%)
     

Why The Honest Company Stock Jumped 17% on Thursday

Why The Honest Company Stock Jumped 17% on Thursday

Skin and personal care products were the biggest growth driver, up 28% from a year ago to $25.4 million. It's also worth noting that retail channels were Honest Company's biggest growth driver as these revenues rose 28% to $43.5 million. The growth numbers are solid but not exactly blowout figures in a great economic environment.