Waldencast H1 Sales $131.58M, Up From $109.34M Last Year
Portfolio Pulse from Benzinga Newsdesk
Waldencast reported H1 sales of $131.58M, significantly surpassing the analyst consensus estimate of $63.10M, marking a 100% increase from last year's $109.34M.
August 27, 2024 | 9:27 pm
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POSITIVE IMPACT
Waldencast's H1 sales of $131.58M exceeded expectations by 100%, showing a strong performance compared to last year's $109.34M.
Waldencast's reported sales of $131.58M not only exceeded the analyst consensus estimate of $63.10M by 100% but also showed a 100% increase from the previous year's sales of $109.34M. This strong performance is likely to positively impact the stock price in the short term as it indicates robust growth and market performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100