THG is trading 5.75% up at £38.28, with no clear catalyst identified.

  • No clear company-specific announcement for October 21 was identified; the latest RNS in the search results was the October 15 trading statement.
  • The update raised FY26 adjusted EBITDA guidance to £103 million and projected £25–35 million in free cash flow, but does not establish the reason for the move.
  • Supplied U.S. indicators show modest gains, but there is no reliable evidence linking broader market sentiment to THG’s rise.