THG First Half 2023 Earnings: UK£0.10 loss per share (vs UK£0.09 loss in 1H 2022)

THG (LON:THG) First Half 2023 Results

Key Financial Results

• Revenue: UK£969.3m (down 9.3% from 1H 2022).
• Net loss: UK£133.1m (loss widened by 25% from 1H 2022).
• UK£0.10 loss per share (further deteriorated from UK£0.09 loss in 1H 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

THG Earnings Insights

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Multiline Retail industry in Europe.

Performance of the market in the United Kingdom.

The company's shares are down 21% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for THG that you need to take into consideration.

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