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THG shares climb as beauty and nutrition units drive growth

British group THG reported its strongest first-quarter revenue growth since 2021. Shares rose nearly 10 percent as beauty and nutrition units drove performance.

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THG PLC, the e-commerce group based in the United Kingdom, reported its strongest first-quarter revenue growth since 2021 on Tuesday. Supported by significant gains in its beauty and nutrition divisions, the company's shares surged nearly 10% following the results, making it the top gainer among all London-listed stocks.

Signage on a THG warehouse building in Manchester, United Kingdom, as seen in early 2022. REUTERS/Phil Noble/File Photo
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