v3.25.2
Related Party Transactions
6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
Prior to August 20, 2024, A.S. Watson Group was considered a related party through common ownership by an enterprise that beneficially owned more than 10% of the common stock of the Company. On August 20, 2024, this entity sold its ownership in the Company, and A.S. Watson Group ceased to be a related party as of that date. However, the Company has maintained its relationship with A.S. Watson Group. The Company had no trade receivables connected to related parties as of June 30, 2025 or December 31, 2024.
The sale of consumer products to related parties during the periods indicated are as follows:
Three Months Ended June 30,Six Months Ended June 30,
Net Sales 2025202420252024
A.S. Watson Group - Former Related Party (1)$—  million$3.7  million$—  million$6.7  million
(1) Due to the change in ownership of A.S. Watson Group in 2024, sales after August 20, 2024 are excluded from the amounts presented in the above table.