Core Insights - UK-based retailer THG reported a 6.3% rise in Q3 2025 revenue, marking its strongest organic sales growth since Q4 2021, driven by double-digit growth in nutrition and steady progress in beauty [1] - The overall growth was impacted by business disposals, reducing year-to-October and Q3 revenue by 340 bps and 270 bps respectively, with specific sales in beauty and nutrition also affected [2] - Revenue guidance for H2 2025 remains unchanged, with expectations for THG Beauty growth between 1% and 3%, THG Nutrition between 10% and 12%, and overall group performance between 3.9% and 5.9% [3] THG Beauty Performance - THG Beauty anticipates record Advent sales in 2025, supported by strong UK retail demand and double-digit revenue growth from Lookfantastic [4] - The US market showed improvement, particularly in luxury skincare and device categories, with subscription revenue rising 22% year-on-year [4] - The focus on commercial discipline and elevating brand proposition has driven a return to revenue growth in THG Beauty [6] THG Nutrition Performance - The nutrition division achieved a 10% year-on-year revenue gain, its highest growth in over two years, driven by both online and offline sales [1][4] - Myprotein expanded its US presence through 2,500 CVS stores and increased its reach in the Middle East via Spinneys Supermarkets [5] - The company is on track to expand Myprotein's direct-to-consumer market share and accelerate its global offline presence through retail and brand partnerships [6]

Core Insights - THG has reported a significant improvement in trading momentum, with organic growth reaching its highest rate since COVID, and overall revenue growth of 6.3% in Q3 2025 [1] THG Beauty - THG Beauty has returned to growth, driven by a successful advent calendar launch and strong performance in U.K. retail, including double-digit revenue growth for Lookfantastic [2] - The U.S. market showed improved performance with increased customer loyalty through subscriptions and growth in categories outside of core prestige skincare [2] THG Nutrition - Myprotein, a segment of THG Nutrition, achieved a revenue growth of 10%, with positive results in both online and offline channels [2] - Social commerce and marketplace channels are performing particularly well, with exclusive product launches on platforms like TikTok, including the new Myprotein and Jimmy's Iced Coffee Impact whey protein [2][3]