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
5th Nov 20245:55 pmRNSTransaction in Own Shares
4th Nov 20245:40 pmRNSTransaction in Own Shares
1st Nov 20245:47 pmRNSTransaction in Own Shares
31st Oct 20245:26 pmRNSTransaction in Own Shares
31st Oct 20244:36 pmRNSTotal Voting Rights
30th Oct 20245:49 pmRNSTransaction in Own Shares
29th Oct 20245:25 pmRNSTransaction in Own Shares
28th Oct 20245:23 pmRNSTransaction in Own Shares
28th Oct 20242:37 pmRNSHolding(s) in Company
25th Oct 20245:23 pmRNSTransaction in Own Shares
24th Oct 20245:12 pmRNSTransaction in Own Shares
23rd Oct 20245:56 pmRNSTransaction in Own Shares
22nd Oct 20246:05 pmRNSTransaction in Own Shares
21st Oct 20245:41 pmRNSTransaction in Own Shares
18th Oct 20245:14 pmRNSTransaction in Own Shares
17th Oct 20246:01 pmRNSTransaction in Own Shares
16th Oct 20246:06 pmRNSTransaction in Own Shares
15th Oct 20246:05 pmRNSTransaction in Own Shares
15th Oct 20242:42 pmRNSHolding(s) in Company
14th Oct 20246:08 pmRNSTransaction in Own Shares
11th Oct 20245:43 pmRNSTransaction in Own Shares
11th Oct 20248:13 amRNSTransaction in Own Shares
9th Oct 20245:25 pmRNSTransaction in Own Shares
9th Oct 20247:00 amRNSTransaction in Own Shares
7th Oct 20245:51 pmRNSHolding(s) in Company
7th Oct 20245:46 pmRNSTransaction in Own Shares
4th Oct 20246:01 pmRNSDirector Declaration
4th Oct 20245:53 pmRNSTransaction in Own Shares
3rd Oct 20245:56 pmRNSTransaction in Own Shares
3rd Oct 20247:00 amRNSTransaction in Own Shares
1st Oct 20245:32 pmRNSTransaction in Own Shares
1st Oct 202410:18 amRNSTotal Voting Rights
30th Sep 20245:45 pmRNSTransaction in Own Shares
27th Sep 20245:29 pmRNSTransaction in Own Shares
26th Sep 20246:14 pmRNSTransaction in Own Shares
25th Sep 20245:57 pmRNSTransaction in Own Shares
23rd Sep 20246:08 pmRNSTransaction in Own Shares
23rd Sep 20247:00 amRNSCommencement of share buyback programme
12th Sep 20242:28 pmRNSDirector/PDMR Shareholding
11th Sep 20247:00 amRNSPre-close Trading Update
6th Sep 202410:23 amRNSHolding(s) in Company
30th Aug 202411:30 amRNSTotal Voting Rights
27th Aug 20249:35 amRNSBlock listing Interim Review
15th Aug 20248:17 amRNSHolding(s) in Company
31st Jul 20249:26 amRNSTotal Voting Rights
28th Jun 20242:55 pmRNSTotal Voting Rights
13th Jun 202410:05 amRNSBoard Changes
5th Jun 20247:00 amRNSTrading update
31st May 202411:00 amRNSTotal Voting Rights
28th May 202410:10 amRNSDirector/PDMR Shareholding

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.