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That goes a long way to explaining the more than 16% decline of The Honest Company's (NASDAQ: HNST) stock in December. The drop can also be attributed to a pullback in market sentiment, as the ...
Jessica Alba’s Honest Co. has set the terms of its introduction to Wall Street — and is looking at a valuation between $1.3 billion and $1.5 billion. The stock is expected to be price between ...
That same year, The Honest Company officially filed for an initial public offering on the stock market. The business was valued around $1.4 billion at the time.
The company was launched in 2012 with 17 products. [9] In 2013, The Honest Company's sales reached $50 million. [10] Honest raised $70 million from venture capitalists in the summer of 2014 in preparation for an initial public offering. [9] [11] As of August 2014, the company's products were available at retail stores in the United States and ...
Back in 2016, Forbes put Jessica's net worth at $340 million thanks in large part to The Honest Company (which at that point was only 5 years old and already valued at $1.7 billion).
She was the company's highest ranking woman of color at the time. [7] In this position, she oversaw the online store's revenue growth in the baby care, household products, food, beverages, health and wellness, and beauty categories. [17] Vernón and The Honest Company collaborated in 2021, making The Honest Company store on Amazon.com fully ...
The Honest Company had a tough year after going public. In April 2022, stock shares were down to $4.52 a piece, compared to $23 per share the day of the IPO, according to The Hollywood Reporter .
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