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Market Impact: 0.35
UK's THG first-half profit more than doubles, warns of Q3 tariff hit
Source: reuters.com
Corporate EarningsConsumer Demand & RetailTax & TariffsCorporate Guidance & Outlook
THG reported first-half core earnings more than doubled, supported by price increases and strong growth at its Myprotein nutrition brand. However, the company warned that quarterly revenue growth will slow sharply as new EU import duties weigh on sales momentum.
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