The Honest Company ( NASDAQ: HNST ) announced that it has expanded its partnership with Ulta Beauty ( ULTA ) by launching at more than 635 locations.
The Honest brand also launched its new skincare line called the Honest Beauty Clearing Collection exclusively with Ulta Beauty ( ULTA ) both online and in stores.
Founder Jessica Alba said the company sees a huge opportunity to meet the needs of the clean and conscious beauty consumer with the Ulta Beauty partnership.
Shares of HNST rose 3.26% premarket to $3.48 vs. the 52-week trading range of $2.55 to $14.59.
Shares of ULTA slipped 0.45% premarket to $392.50 vs. the 52-week trading range of $331.02 to $438.63.
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Honest Company rallies after expanding partnership with Ulta Beauty