Hims and Hers misses quarterly profit estimates

Core Insights - Hims and Hers Health missed Wall Street profit estimates for the third quarter due to increased product costs and reduced unit sales in its weight-loss business [1] Financial Performance - The company reported lower-than-expected profits for the third quarter, indicating challenges in maintaining profitability amidst rising costs [1] - The weight-loss segment specifically faced a decline in unit sales, contributing to the overall financial shortfall [1]