Waldencast Sees Improvement of 10 bps in Adjusted Gross Margin

By Daniella Parra Waldencast plc (Nasdaq: WALD) said net revenue decreased 4.1% year-over-year to $65.4 million and adjusted gross profit totaled $50.0 million, or 76.4% of net revenue, an expansion of 10 basis points compared to the prior year. Adjusted...