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Alba's Honest Co. files for IPO amid pandemic-fueled demand

As the Jessica Alba-founded start-up Honest Co. eyes a listing on the stock market, itโ€™s picking up an additional $70 million in funding. The filing comes amid heightened demand for personal-care and cleaning supplies during the pandemic. Sales last year were just over $300 million, according to the filing, a 28% increase from 2019 in part because of soaring interest in household supplies. The company recorded a net loss of $14.5 million in 2020 and adjusted earnings before interest, taxes, ...
Scott Dahnke Jessica Alba Michael Chu Morgan Stanley Jefferies Financial Group Inc Jpmorgan Chase Co

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