Shares of consumer goods company Honest Company Inc (NASDAQ:HNST) are rising after it reported 10.3% growth in fourth quarter 2023 sales to $90.26 million, beating the analyst consensus of $84.14 million.
The increase in revenue was driven by growth in the Digital channel, volume growth, and the benefit of price gains.
Diapers and Wipes revenue increased 15% Y/Y to $57.3 million, Skin & Personal Care fell 6% to $21.4 million, and Household & Wellness grew 28% to …