Shares in Manchester-headquartered online retailer THG have risen today after it reported revenue growth of 7% in the first quarter of 2026 – the highest Q1 figure for five years.

THG shares are currently trading just below 40 pence, up 3% in today, after rising 7% in early trading.

Building on the momentum of a strong end to 2025, the company’s group revenue was £393.1m, while Myprotein, the world’s largest online sports nutrition brand, saw its revenues rise by 8.8% to £159.8m.

THG also delivered its strongest Q1 cash flow performance in three years and has reiterated full-year guidance for FY 2026.

THG shares are down 14% in the year to date but 37% up last 12 months.