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Published by Global Banking & Finance Review®
Posted on April 21, 2026
1 min read
THG Posts Strongest First-Quarter Sales Growth Since 2021; Shares Soar
THG’s First-Quarter Financial Performance and Market Impact
April 21 (Reuters) – British e-commerce group THG reported its strongest first-quarter revenue growth since 2021 on Tuesday, supported by growth in its beauty and nutrition divisions.
Share Price Reaction
Shares fo the company were up nearly 10% post-results, making it the top gainer across all London stocks.
Business Overview
The company, which owns online beauty retailers Lookfantastic and Cult Beauty alongside sports nutrition brand Myprotein, reiterated its full-year cash flow guidance of 25 million pounds ($33.80 million) to 50 million pounds.
Key Financial Highlights
Here are some details:
Quarterly Revenue and Regional Impact
• Total group revenue rose 7% to 393.1 million pounds in the quarter ended March 31.
• The company said it continues to monitor developments in the Middle East, with affected regions representing less than 1.5% of overall revenue in 2025, weighted towards THG Beauty; revenue hit around 30 bps in Q1.
Leadership Commentary
• CEO Matthew Moulding said the company enters Q2 with confidence.
Additional Information
($1 = 0.7396 pounds)
(Reporting by Nithyashree R B in Bengaluru; Editing by Harikrishnan Nair)
