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home / news releases / VDC - The Honest Company Seeks Retail Footprint Growth Amid Inflation Spike

VDC - The Honest Company Seeks Retail Footprint Growth Amid Inflation Spike

Vanguard Consumer Staples
  • The Honest Company went public in May 2021, raising $413 million in gross proceeds in an IPO.
  • The company sells a wide selection of eco-conscious products to consumers in the U.S.
  • HNST has produced flat revenue and worsening operating results as consumers have shifted to in-person retail and inflation has been high.
  • I'm on Hold for HNST until it can reignite revenue growth and make meaningful progress toward operating breakeven.

For further details see:

The Honest Company Seeks Retail Footprint Growth Amid Inflation Spike
Stock Information
Company Name: Vanguard Consumer Staples
Stock Symbol: VDC
Market: NYSE
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