THG Group Backs Guidance After Logistics Unit Spinoff

Dow Jones

Apr 29, 2025

By Maitane Sardon

THG said it is on track to meet its guidance this year due to the strong growth of its beauty and nutrition businesses.

The U.K. e-commerce company, which in January completed the spinoff of its logistics unit, said it still sees mid-single revenue growth for the year, due to strong demand for beauty products in the U.S. and U.K. markets.

The London-listed company said revenue for 2024--before the spinoff--rose 1.1% on year to 1.88 billion pounds ($2.53 billion). Meanwhile, like-for-like group revenue for the first quarter of the current year fell 3% to 371.4 million pounds, THG said.

"In its home U.K. and U.S. markets, Beauty retail is trading resiliently, with a strong selection of new brand launches planned throughout the year. It's also been especially pleasing to see Nutrition momentum improving throughout the quarter with February and March back in growth," Chief Executive Matthew Moulding said.

Write to Maitane Sardon at maitane.sardon@wsj.com

(END) Dow Jones Newswires

April 29, 2025 03:31 ET (07:31 GMT)

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Meanwhile, like-for-like group revenue for the first quarter of the current year fell 3% to 371.4 million pounds, THG said. \n</p>\n<p>\n  \"In its home U.K. and U.S. markets, Beauty retail is trading resiliently, with a strong selection of new brand launches planned throughout the year. It's also been especially pleasing to see Nutrition momentum improving throughout the quarter with February and March back in growth,\" Chief Executive Matthew Moulding said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Maitane Sardon at maitane.sardon@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 03:31 ET (07:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>THG Group Backs Guidance After Logistics Unit Spinoff</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTHG Group Backs Guidance After Logistics Unit Spinoff\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-29 15:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Maitane Sardon \n</p>\n<pre>\n \n</pre>\n<p>\n  THG said it is on track to meet its guidance this year due to the strong growth of its beauty and nutrition businesses. \n</p>\n<p>\n  The U.K. e-commerce company, which in January completed the spinoff of its logistics unit, said it still sees mid-single revenue growth for the year, due to strong demand for beauty products in the U.S. and U.K. markets. \n</p>\n<p>\n  The London-listed company said revenue for 2024--before the spinoff--rose 1.1% on year to 1.88 billion pounds ($2.53 billion). 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It's also been especially pleasing to see Nutrition momentum improving throughout the quarter with February and March back in growth,\" Chief Executive Matthew Moulding said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Maitane Sardon at maitane.sardon@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 03:31 ET (07:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"THG","symbol_name":"汉诺威保险","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531941227","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531941227","pubTimestamp":1745911860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"THG said it is on track to meet its guidance this year due to the strong growth of its beauty and nutrition businesses.The U.K. e-commerce company, which in January completed the spinoff of its logistics unit, said it still sees mid-single revenue growth for the year, due to strong demand for beauty products in the U.S. and U.K. markets.The London-listed company said revenue for 2024--before the spinoff--rose 1.1% on year to 1.88 billion pounds . 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