Published by Global Banking & Finance Review®
Posted on April 21, 2026
1 min readLast updated: April 21, 2026
Add as preferred source on GoogleTHG delivered its strongest Q1 revenue growth since 2021—up 7% to £393.1 million—driven by beauty and nutrition divisions. Shares jumped nearly 10%, while the company reaffirmed its full-year cash flow guidance of £25‑50 million.
(Corrects typographical error in paragraph 2)
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.
Shares of the company were up nearly 10% post-results, making it the top gainer across all London stocks.
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.
Here are some details:
• 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.
• CEO Matthew Moulding said the company enters Q2 with confidence.
($1 = 0.7396 pounds)
(Reporting by Nithyashree R B in Bengaluru; Editing by Harikrishnan Nair)
THG's quarterly sales growth was driven by strong performance in its beauty and nutrition divisions.
THG's total group revenue rose by 7% to 393.1 million pounds in the quarter ended March 31.
THG shares rose nearly 10% post-results, making it the top gainer among London stocks.
THG reiterated its full-year cash flow guidance of 25 million to 50 million pounds.
The Middle East represents less than 1.5% of THG's overall revenue, mainly in THG Beauty, and had a minor impact in Q1.
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