FILE PHOTO: Jessica Alba attends the Baby2Baby fundraising gala in West Hollywood, Los Angeles, California, U.S., November 11, 2023. REUTERS/Mario Anzuoni/File Photo
(Reuters) – Personal care and baby products maker Honest Company said on Tuesday its founder, actress Jessica Alba, would be stepping down from her role as the chief creative officer.
Alba, known for her roles in movies such as “Fantastic Four”, “Honey” and “Good Luck Chuck”, had founded the company in 2012 and it began trading on Nasdaq in 2021.
Honest said that Alba, who is shifting her energies to “new endeavors”, would continue to provide her support and leadership as a member of its board.
Shares of the household products maker were up more than 2% in extended trading after the company also reaffirmed its full-year revenue and adjusted core profit forecasts provided in March.
Honest had reported a surprise profit for the fourth quarter in March, which it attributed to growth in its digital channel and benefits from price increases.
(Reporting by Granth Vanaik in Bengaluru; Editing by Alan Barona)
News Related-
The best Walmart Cyber Monday deals 2023
-
Jordan Poole took time to showboat and got his shot blocked into the stratosphere
-
The Top Canadian REITs to Buy in November 2023
-
OpenAI’s board might have been dysfunctional–but they made the right choice. Their defeat shows that in the battle between AI profits and ethics, it’s no contest
-
Russia-Ukraine Drone Warfare Rages With Dozens Headed for Moscow, Amid Deadly Winter Storm
-
Trump tells appeals court that threats to judge and clerk in NY civil fraud trial do not justify gag order
-
Can Anyone Take Paxlovid for Covid? Doctors Explain.
-
Google this week will begin deleting inactive accounts. Here's how to save yours.
-
How John Tortorella's Culture Extends from the Philadelphia Flyers to the AHL Phantoms
-
Tri-Cities' hatcheries report best Coho return in years
-
Wild release Dean Evason of head coaching duties
-
Air New Zealand’s Cyber Monday Sale Has the 'Lowest Fares of 2023' to Auckland, Sydney, and More
-
NDP tells Liberals to sweeten the deal if pharmacare legislation is delayed
-
'1,000 contacts with a club': Tiger Woods breaks down his typical tournament prep to college kids in fascinating video