THG Has Encouraging Quarter With Forecast Resilience -- Market Talk
Dow Jones
Jun 24
0806 GMT - THG reports an encouraging second quarter as it confirms full-year guidance despite unfavorable whey prices that could have historically triggered a numbers downgrade, Jefferies analyst Andrew Wade writes. The U.K. beauty and nutrition company continues to benefit from category growth and offline expansion, Wade writes. Sales in its beauty division accelerate in the second quarter, underpinned by its skin-care unit and market-share gains at Lookfantastic, he adds. The Myprotein division benefits from diversification with hydration, creatine, and activewear products gaining, he writes. Shares rise 0.45% to 31 pence.(adam.whittaker@wsj.com)
(END) Dow Jones Newswires
June 24, 2026 04:06 ET (08:06 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.