Hims & Hers shares plunge 28% on concerns over weight loss business, margins
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Hims & Hers shares dropped 28% following disappointing Q4 results, particularly in gross margin, and changes in its weight loss business. Despite a 95% revenue increase to $481 million, concerns over profitability and business strategy impacted investor sentiment.
February 25, 2025 | 4:15 pm
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Hims & Hers experienced a 28% share price drop due to disappointing Q4 results, particularly in gross margin, and changes in its weight loss business strategy. Despite a significant revenue increase, investor concerns about profitability and strategic direction led to the decline.
The 28% drop in Hims & Hers' share price is directly linked to investor disappointment in the company's Q4 results, particularly the gross margin and changes in the weight loss business. Despite a 95% increase in revenue, the market reacted negatively due to concerns over profitability and strategic changes.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100