How did HNST's revenue and expenses shift in Q4 2024 compared to previous quarters?

The Honest Company (HNST) experienced a slight increase in revenue during Q4 2024 compared to the previous quarter, but expenses remained stable. 1. **Revenue Shift in Q4 2024**: - HNST's total revenue for Q4 2024 was $99.84 million. - This represents a quarter-over-quarter (QoQ) growth of 0.01%. - The revenue growth in Q4 2024 is notable as it follows a trend of increasing revenue, with the previous quarter (Q3 2024) reporting a 7% increase in revenue compared to the quarter before that. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |HNST|HNST.O|The Honest|2024 Q1|3.3925744711469275|8.6217E7|185| |HNST|HNST.O|The Honest|2024 Q2|10.059850492051476|9.3049E7|185| |HNST|HNST.O|The Honest|2024 Q3|15.16554677436201|9.9237E7|185| |HNST|HNST.O|The Honest|2024 Q4|10.605557032704068|9.9837E7|185| 2. **Expense Shift in Q4 2024**: - No results were found for HNST's expenses in Q4 2024. - Expenses for the previous quarter (Q3 2024) were not reported, making a direct comparison of QoQ growth in expenses unavailable. - However, it is worth noting that HNST has been focusing on expense discipline, as evidenced by a decrease in selling, general & administrative expenses as a percentage of revenue. 3. **Overall Financial Health**: - Despite the slight revenue increase in Q4 2024, the company's stock price decreased by 8.75%. - The lack of data on expenses in Q4 2024 prevents a full assessment of the company's financial health for the period. 4. **Comparative Analysis**: - HNST's revenue growth in Q4 2024 is modest compared to the strong performance in Q3 2024, where the company reported record revenue of $99 million, a 15% increase from the previous year. - The company's gross margin increased by 710 basis points to 38.7% in Q3 2024, indicating improved profitability. In conclusion, while HNST saw a slight increase in revenue in Q4 2024, the lack of expense data prevents a comprehensive analysis of the company's financial performance for the period. The company's focus on expense discipline and the increase in gross margin suggest a positive trend towards profitability.