Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWh Smith Regulatory News (SMWH)

Share Price Information for Wh Smith (SMWH)

Share Price is delayed by 15 minutes
Get Live Data
506.00    -2.00 (-0.39%)
Bid:
503.50
Ask:
505.00
Spread: 1.50 (0.298%)
Market Cap: £630.96m
SMWH Live PriceLast checked at - London Stock Exchange

Intraday Wh Smith Share Chart

Trading Statement

14 Jun 2017 07:00

RNS Number : 9814H
WH Smith PLC
14 June 2017
 

WH SMITH PLC

 

14 June 2017

 

 

Trading Update for the 15 Week Period to 10 June 2017

 

 

In the 15 week period from 1 March to 10 June 2017 total Group sales were up 2% with like-for-like sales flat.

 

In our Travel business total sales were up 8% (of which 2% relates to forex benefits from our growing international business) and like-for-like sales were up 5%. This sales performance reflects our ongoing focus on customer service, execution, space and category management as well as the continued increase in passenger numbers. Gross margin increased in line with plan. Our new store opening programme is progressing well both in the UK and internationally. We are on target to open 15 units in the UK this year and have won further units internationally including 6 units in Rome which will open in July.

 

In our High Street business we continue with our profit focused strategy, with sales in the period in line with expectations. Total sales were down 4% with like-for-like sales also down 4%. Gross margin improvement and cost savings have been delivered in line with plan. Our Post Office opening programme is on track and we have now relocated 58 of the 61 Post Offices that we announced in April 2016. This brings the total number of Post Offices now open within our High Street stores to 165.

 

Whilst there remains some uncertainty with regard to the broader economic environment, we continue to focus on profitable growth, cash generation and investing in the business to position us well for the future. We remain confident in the outcome for the full year.

 

 

- ENDS -

 

 

Enquiries:

 

WH Smith PLC

Mark Boyle Investor Relations 020 7406 6320

Nicola Hillman Media Relations 020 7406 6350

 

Brunswick

Fiona Micallef-Eynaud / Cerith Evans 020 7404 5959

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTEALKDFANXEFF
Date   Source Headline
25th Mar 20259:11 amRNSHolding(s) in Company
25th Mar 20257:00 amRNSSuccessful completion of refinancing
18th Mar 20255:37 pmRNSTransaction in Own Shares
17th Mar 20255:12 pmRNSTransaction in Own Shares
14th Mar 20255:23 pmRNSTransaction in Own Shares
13th Mar 20255:12 pmRNSTransaction in Own Shares
12th Mar 20256:10 pmRNSTransaction in Own Shares
11th Mar 20256:01 pmRNSTransaction in Own Shares
10th Mar 20256:16 pmRNSTransaction in Own Shares
7th Mar 20255:35 pmRNSTransaction in Own Shares
6th Mar 20255:19 pmRNSTransaction in Own Shares
6th Mar 20253:51 pmRNSHolding(s) in Company
5th Mar 20255:28 pmRNSTransaction in Own Shares
4th Mar 20255:38 pmRNSTransaction in Own Shares
3rd Mar 20255:33 pmRNSTransaction in Own Shares
3rd Mar 20259:43 amRNSTotal Voting Rights
28th Feb 20255:30 pmRNSTransaction in Own Shares
27th Feb 20255:37 pmRNSTransaction in Own Shares
26th Feb 20255:34 pmRNSTransaction in Own Shares
25th Feb 20255:36 pmRNSTransaction in Own Shares
25th Feb 20258:46 amRNSBlock listing Interim Review
24th Feb 20255:52 pmRNSTransaction in Own Shares
21st Feb 20255:19 pmRNSTransaction in Own Shares
20th Feb 20255:44 pmRNSTransaction in Own Shares
19th Feb 20255:53 pmRNSTransaction in Own Shares
18th Feb 20255:14 pmRNSTransaction in Own Shares
17th Feb 20255:54 pmRNSTransaction in Own Shares
14th Feb 20255:50 pmRNSTransaction in Own Shares
13th Feb 20255:58 pmRNSTransaction in Own Shares
12th Feb 20255:50 pmRNSTransaction in Own Shares
11th Feb 20255:57 pmRNSTransaction in Own Shares
10th Feb 20255:41 pmRNSTransaction in Own Shares
7th Feb 20255:36 pmRNSTransaction in Own Shares
6th Feb 20255:43 pmRNSTransaction in Own Shares
5th Feb 20255:55 pmRNSTransaction in Own Shares
4th Feb 20255:36 pmRNSTransaction in Own Shares
3rd Feb 20255:51 pmRNSTransaction in Own Shares
31st Jan 202512:00 pmRNSTotal Voting Rights
30th Jan 20259:43 amRNSResult of AGM
29th Jan 20254:19 pmRNSHolding(s) in Company
29th Jan 20257:00 amRNSTrading Statement
28th Jan 20255:51 pmRNSTransaction in Own Shares
27th Jan 20255:59 pmRNSTransaction in Own Shares
27th Jan 20257:00 amRNSResponse to press speculation
24th Jan 20255:56 pmRNSTransaction in Own Shares
23rd Jan 20255:43 pmRNSTransaction in Own Shares
23rd Jan 20259:31 amRNSHolding(s) in Company
22nd Jan 20255:57 pmRNSTransaction in Own Shares
21st Jan 20255:15 pmRNSTransaction in Own Shares
20th Jan 20255:50 pmRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.