THG (THG) News Today

Investors in THG Plc (THG) have reacted to a series of strategic disposals, analyst updates, licensing agreements and profit warnings reported over the past two days. Here’s a breakdown of the key developments:

• Positive Sentiment: THG agreed to sell its Claremont Ingredients unit for $137 million, strengthening its cash position. THG agrees to sell Claremont Ingredients for $137m
• Positive Sentiment: Jefferies Financial Group reiterated its “Buy” rating on THG shares with a GBX 65 price target, underlining analyst confidence. THG's (THG) Buy Rating Reiterated at Jefferies Financial Group
• Positive Sentiment: THG struck a new Myprotein licensing deal in South Korea, expanding its international footprint. THG strikes Myprotein licensing deal in South Korea
• Neutral Sentiment: Insider’s deals of the week featured THG among other firms, highlighting recent director transactions in its shares. Insider’s deals of the week - features THG, Cooper Parry and Mitie Group
• Neutral Sentiment: Another regional roundup listed THG in insider transactions, offering further insight into board-level trading. Insider’s deals of the week- features THG, Cooper Parry and Mitie Group
• Neutral Sentiment: THG sold an ingredients business and said it would “limit” Myprotein price hikes, a mixed operational update. THG flogs ingredients business and 'limits' Myprotein price hikes
• Negative Sentiment: THG cut its profit outlook, citing high whey protein prices that have squeezed margins. THG cuts outlook as protein prices weigh on profits
• Negative Sentiment: The company warned that selling its Claremont business for £103 million will weigh on near-term profits. THG sells Claremont business for £103m, warns on profits
• Negative Sentiment: THG forecast a decline in half-year earnings even as it agreed the Claremont disposal. THG to post decline in half-year earnings; agrees Claremont disposal
• Negative Sentiment: Following the sale of its flavourings arm, THG cut its profit guidance again. Myprotein owner THG cuts profit outlook after deal to sell flavourings brand
• Negative Sentiment: High whey protein costs have taken a significant chunk out of THG’s profitability. High whey protein prices take chunk out of THG profits