UK's THG falls on lower Q1 revenue, potential tariff impact

THG

29/04/2025 09:30

** Shares of e-commerce company THG THG.L slide 5.1% at 26.82 pence

** Company reports Q1 group continuing rev of 371.4 million pounds ($498.38 million), down 6.1% yoy

** "Market uncertainty and the impact on consumer demand factors may influence the second half of the year" - THG

** Expects exposure to tariffs across the group to be less than 1 million pounds, pre-mitigating actions

** Company says FY 2025 guidance unchanged

** Stock down 38.95% YTD

($1 = 0.7452 pounds)

 (Reporting by Nithyashree  R B)

 ((NithyashreeRB@thomsonreuters.com;))