ICYMI: Our new Q2 Revenue Prediction is out! We've been within 1% of actual revenue two quarters in a row, beating every Wall Street analyst.
HIGHLIGHTS
Returning buyers drove nearly all credit card sales (week ending May 25) — new customer growth will be key in June to get sales back to all-time highs
Google Trends data rebounding hard — “hims” up +27% WoW and ALL tracked terms flat or rising for the first time in 2 months
Hims is leaning back into core categories — weight loss ads dropped to 12%, compared to 27% for Hers
App ranks SURGED — strongest WoW jump since early April for both brands
June is heating up — early signs point to rising sales, search, and spend across the board
Zooming out: I think we'll look back on the week of May 4-11 as the bottom for 2025. Not necessarily in terms of share price (although who knows) but fundamentals. Onwards and upwards from here.