THG Returns to Growth in Q2, Keeps FY25 Outlook Ahead of AGM; Shares up ...
- In the second quarter of 2025, RetailTHG PLC experienced renewed growth in overall group revenues, driven by stronger sales performance across its UK, European, and Asian markets.
- This growth followed THG's exit from less profitable markets in Asia and Europe during Q3 2024, which eliminated the year-on-year revenue drag starting from that quarter.
- THG's nutrition division grew at its fastest pace since Q1 2022, with revenue expected to increase 5% to 7% in Q2, while beauty revenue is forecast to decline by 2% to 3%.
- Myprotein products are now in over 34,000 stores mainly in the UK, US, and Japan, including new listings at Walmart, CVS, GNC, Kruidvat, and thousands of 7-Eleven stores.
- Ahead of its annual general meeting, THG confirmed its full-year guidance remains unchanged while continuing to monitor US trade policy and expects direct tariff exposure under £1 million pre-mitigations.
13 Articles
13 Articles
THG shares soar amid second quarter return to growth – Northern Financial Review
Shares of Manchester-based online retailing group THG plc rose about 13% on Wednesday after it published an AGM trading statement showing a return to group revenue growth in the second quarter. “As anticipated, trading in the second quarter has been much improved across both Beauty and Nutrition, with the group returning to CCY revenue growth, underpinned by a strong June exit rate supporting unchanged FY 2025 guidance,” said the company. THG op…
Nutrition helps THG return to growth, as beauty decline slows - InternetRetailing
The THG Group, which owns brands including Lookfantastic and Myprotein, has attracted new nutrition customers both online and instore, with “positive momentum” within this sector continuing to build. Ahead of its AGM, THG reported Q2 2025 revenue growth is expected to be between 5.0% and 7.0% (Q1 2025: +0.1%), with the business growing at its fastest rate since Q1 2022. Its Myprotein range is now available in over 34,000 stores, principally with…
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