Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWh Smith Share News (SMWH)

Share Price Information for Wh Smith (SMWH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,156.00
Bid: 1,164.00
Ask: 1,166.00
Change: -23.00 (-1.95%)
Spread: 2.00 (0.172%)
Open: 1,174.00
High: 1,188.00
Low: 1,156.00
Prev. Close: 1,179.00
SMWH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Travel strength offsets weak high street sales at WH Smith

Wed, 06th Sep 2023 07:16

(Sharecast News) - Stationery and books retailer WH Smith said its full-year figures will be in line with expectations as strong trading in at its airport and train station locations offset a weak performance on the high street.

The company, which operates over 1,700 stores worldwide of which 523 are on the UK high street (at last count in February 2023), said group revenues for the year ended 31 August were up 28% year-on-year, rising 18% on a like-for-like basis.

Travel sales, which last year accounted for two-thirds of group revenue, were up 42% (+27% LFL), though first-half growth of 75% was tempered by a lesser 23% rise in the second half.

The company pointed out that the previous financial year was impacted by the Omicron variant, which had hit travel activity in the first half but led to a strong rebound in the second.

UK travel saw 36% growth, helped by a strong peak holiday season for air passenger numbers, while North America travel sales rose 31%. Rest of World travel sales, however, surged 98%, helped by 30 additional stores during the period.

WH Smith's high street business experienced a full-year sales decline of 1% (+1% LFL) but was said to have "performed well and in line with expectations".

The company said its strategy for the high street division remains unchanged "as we continue to focus on cost efficiencies and the return on space".

Looking ahead, WH Smiths expects to open 40 new stores in North America in the current financial year, as well as 25 in Rest of World and 15 in the UK Travel business.

More News
7 Sep 2022 07:57

LONDON BRIEFING: UK house price growth slows; Barratt profit drops

(Alliance News) - A dour session in Asia looks set to carry over into the open in Europe on Wednesday, following disappointing Chinese trade data.

Read more
7 Sep 2022 07:05

WH Smith FY earnings seen in line with upgraded guidance

(Sharecast News) - Retailer WH Smith said on Wednesday that it had continued to see a "strong performance" from its travel unit in the second half, with group revenue coming in "comfortably in excess" of pre-Covid levels.

Read more
31 Aug 2022 15:57

UK earnings, trading statements calendar - next 7 days

Thursday 1 September 
Camellia PLCHalf Year Results
Eurocell PLCHalf year Results
Gem Diamonds LtdHalf Year Results
Johnson Service Group PLCInterim Results
Kainos Group PLCTrading Statement
Omega Diagnostics Group PLCFull Year Results
PPHE Hotel Group PLCHalf Year Results
Sportech PLCHalf Year Results
Wentworth Resources PLCHalf Year Results
Friday 2 September 
Ashmore Group PLCFull Year Results
Monday 5 September 
Belvoir Group PLCHalf Year Results
Dechra Pharmaceuticals PLCFull Year Results
Tuesday 6 September 
Accrol Group Holdings PLCFull Year Results
Alumasc Group PLCFull Year Results
Ashtead Group PLCQ1 Results
Capricorn Energy PLCHalf Year Results
Gamma Communications PLCHalf Year Results
Headlam Group PLCHalf Year Results
Inspired PLCHalf Year Results
IQE PLCHalf Year Results
Lords Group Trading PLCHalf Year Results
Luceco PLCHalf Year Results
Michelmersh Brick Holdings PLCHalf Year Results
Midwich Group PLCHalf Year Results
NCC Group PLCFull Year Results
PCI-PAL PLCFull Year Results
Pebble Group PLCHalf Year Results
Quixant PLCHalf Year Results
STV Group PLCHalf Year Results
WAG Payment Solutions PLCHalf Year Results
WANdisco PLCHalf Year Results
Wednesday 7 September 
Bakkavor Group PLCHalf Year Results
Barratt Developments PLCFull Year Results
Equals Group PLCHalf Year Results
M Winkworth PLCHalf Year Results
Malin Corp PLCHalf Year Results
Petropavlovsk PLCHalf Year Results
Somero Enterprises IncHalf Year Results
Tissue Regenix Group PLCHalf Year Results
WH Smith PLCTrading Statement
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
31 Aug 2022 11:10

Time to revisit WH Smith, says Berenberg

(Sharecast News) - WH Smith was the standout gainer on the FTSE 250 on Wednesday as Berenberg encouraged investors to "revisit the story" ahead of its trading update next week, given the company's defensive growth profile and limited exposure to cost inflation.

Read more
10 Aug 2022 10:35

TOP NEWS: Next CEO Wolfson leaves Deliveroo board as growth slows

(Alliance News) - Deliveroo PLC on Wednesday reported slower revenue growth and a wider pretax loss, amid a weaker consumer market, and the food delivery firm announced the departure of Simon Wolfson from its board.

Read more
8 Aug 2022 09:44

WH Smith buys Standard Life insurance policy to offload pension risk

(Alliance News) - WH Smith PLC on Monday said it has bought a bulk annuity insurance policy to remove liability for its defined-benefit pensions.

Read more
8 Aug 2022 07:46

WH Smith secures pension de-risking deal with Standard Life

(Sharecast News) - WH Smith's pension fund on Monday said it had insured the benefits of all its pension members in a deal with Standard Life.

Read more
14 Jul 2022 09:50

Upper Crust owner gets travel recovery boost, but inflation a worry

July 14 (Reuters) - British snack chain firm SSP said on Thursday a rapid recovery in travel meant annual sales and profit margins would be at the upper end of its forecasts, though it warned cost pressures and supply chain snags would persist into next year.

Read more
7 Jul 2022 16:02

UK dividends calendar - next 7 days

Friday 8 July 
Associated British Foods PLCdividend payment date
Capital & Counties Properties PLCdividend payment date
Computacenter PLCdividend payment date
Forterra PLCdividend payment date
Hill & Smith Holdings PLCdividend payment date
JTC PLCdividend payment date
Persimmon PLCdividend payment date
Restore PLCdividend payment date
S&U PLCdividend payment date
WPP PLCdividend payment date
Monday 11 July 
Great Portland Estates PLCdividend payment date
Residential Secure Income PLCdividend payment date
Tuesday 12 July 
Pets at Home Group PLCdividend payment date
Wednesday 13 July 
Assura PLCdividend payment date
LondonMetric Property PLCdividend payment date
Renew Holdings PLCdividend payment date
Severn Trent PLCdividend payment date
Thursday 14 July 
Aberdeen Diversified Income & Growth Trust PLCdividend payment date
BlackRock Latin American Investment Trust PLCex-dividend date
CMC Markets PLCex-dividend date
Crystal Amber Fund Ltdex-dividend date
Custodian REIT PLCex-dividend date
D4T4 Solutions PLCex-dividend date
Diverse Income Trustex-dividend date
FirstGroup PLCex-dividend date
Halma PLCex-dividend date
International Biotechnology Trust PLCex-dividend date
Invesco Bond Income Plus Ltdex-dividend date
JPMorgan Asia Growth & Income PLCex-dividend date
JPMorgan Japan Small Cap Growth & Income PLCex-dividend date
Merchants Trust PLCex-dividend date
Ninety One PLCex-dividend date
Oxford Instruments PLCex-dividend date
Schroder European Real Estate Investment Trust PLCex-dividend date
Schroder UK Mid Cap Fund PLCex-dividend date
Shoe Zone PLCex-dividend date
Telecom Plus PLCex-dividend date
Twentyfour Income Fund Ltdex-dividend date
WH Smith PLCex-dividend date
Wincanton PLCex-dividend date
XP Power Ltddividend payment date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
21 Jun 2022 16:56

LONDON MARKET CLOSE: Europe nudges higher as catch-up playing US jumps

(Alliance News) - Blue-chip stocks in Europe made steady gains on Tuesday, while equities in the US soared as traders there returned to desks, with risk sentiment continuing to improve following a tough few days for markets last week.

Read more
16 Jun 2022 09:38

LONDON BROKER RATINGS: Upgrades for WH Smith, Victrex and Hochschild

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
15 Jun 2022 17:03

LONDON MARKET CLOSE: Stocks up as ECB pledges to help weaker economies

(Alliance News) - Stocks in London ended higher on Wednesday as the European Central Bank pledged to ease the stress in volatile eurozone bond markets, while investors also braced for a major US rate hike.

Read more
15 Jun 2022 11:59

LONDON MARKET MIDDAY: Markets advance as hawkish Fed fully priced in

(Alliance News) - European markets gained on Wednesday with a chunky 75-basis-point interest rate hike by the US Federal Reserve fully priced in, leaving little room for a hawkish surprise.

Read more
15 Jun 2022 09:53

LONDON BROKER RATINGS: Berenberg cuts Rolls-Royce; Barclays raises B&M

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
15 Jun 2022 09:53

UK travel and leisure firms gets summer travel boost

June 15 (Reuters) - British retailer WH Smith and hotel group Whitbread are seeing business return to pre-pandemic levels, with pent-up demand for summer vacations boosting the leisure industry's recovery from the COVID-19 crisis.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.