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THG (THG) investor relations material
THG Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 TU earnings summary14 Oct, 2025
Executive summary
Q3 2025 delivered the strongest organic sales growth since 2021, with Group revenue up 6.3% year-over-year, returning the Group to year-to-date revenue growth.
Both THG Beauty and THG Nutrition segments accelerated, with Nutrition achieving double-digit growth and Beauty showing its highest growth since Q1 2024.
Financial highlights
Q3 2025 Group revenue reached £405.2m, up 6.3% year-over-year on a continuing constant currency basis.
THG Beauty Q3 revenue was £258.2m (+4.2% YoY CCY), while THG Nutrition was £147.0m (+10.0% YoY CCY).
Disposals and discontinued activities reduced Group Q3 revenue growth by 270bps.
US retail and subscription revenue in Beauty grew 22% YoY; Nutrition subscriptions rose 50% over H1 2025.
Outlook and guidance
H2 2025 revenue guidance: Beauty +1.0% to +3.0%, Nutrition +10.0% to +12.0%, Group +3.9% to +5.9%.
Q3 performance positions the Group favorably against guidance; full-year expectations remain unchanged and in line with consensus.
How will annualised disposals affect Q4 revenue?
Detail Nutrition's global retail expansion strategy.
How is Beauty sustaining subscription revenue growth?
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Next THG earnings date
H2 202529 Apr, 2026
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Frequently asked questions
THG plc, operates as an online retailer and technology company in the United Kingdom, Europe, and internationally. The company operates through four segments: Health and Beauty; Psychological Testing; Tech Brands; and Liquor. It also offers products in various categories, including skincare, supplements, sports nutrition, accessories, makeup and hair care products, as well as fragrances. In addition, the company provides furniture in various categories comprising dining room furniture; bedroom furniture; kitchen dining sets; sofas; study and desk chairs; bar stools and tables. Further, it operates an online marketplace that offers apparel and accessories brands for women worldwide. THG plc was founded in 2004 and is based in Manchester, the United Kingdom.
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