Yahoo Finance 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 9.3% growth forecast for the Multiline Retail industry in Europe.
Performance of the market in the United Kingdom.
The company's shares are down 23% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with THG, and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
