WH Smith news

22 January 2014
WH Smith has today announced a 'good' profit performance for the 20 weeks to 8 January 2014 despite falling sales.  Sales up in travel The retailer is pleased with its profits performance during the 20 week period, with margins well managed and costs tightly controlled. For the period, total sales were down 4%, with like-for-like sales also down 4%. Sales at the retailer's High Street business...
21 October 2013
Musgrave has launched a trial partnership with WH Smith to include a Budgens or Londis branded convenience offer in a number of its travel and hospital store sites, creating potential for a wider roll-out to further high traffic locations if successful. Total of nine trial stores planned As reported by the Grocer magazine seven trial stores have already opened since September in a range...
10 October 2013
Preliminary results for the full year ended 31 August 2013 show total group profit before tax is up 6% to £108m at WH Smith. Trading profits up at WH Smith In his first set of results since taking over from Kate Swann, Steve Clarke has reported total group sales of £1,186m with like-for-like sales down 5%. Total sales at the retailer's travel business were flat with LFL sales down 4%, ho...
22 August 2013
WH Smith has today announced it will meet full year forecasts for the year ending 31 August 2013.  Continued good performance The retailer , which is continuing with its strategy to improve profit margins and cost savings has reported strong sales at its travel division, which includes outlets in airports, railway stations, motorway service stations, hospitals and work places. The divisio...
11 April 2013
Half year figures from WHSmith revealed a 5% rise in profits, despite challenging high street conditions causing falling LFL sales at both its high street and travel sites. Impressive profit growth WHSmith announced pre-tax profits of £69m for the six months to February 28 as its strategy to prioritise profits over sales continued to pay off. At its high street stores trading profits r...
23 January 2013
WH Smith has today announced that it has delivered a "good profit performance" across the business thanks to tightly managed costs, despite falling sales. Tightly managed costs help gross margin Sales across the group fell by 4% (5% on a like-for-like basis) for the 20 weeks to 20th January 2013. Sales at the group's high street stores were down 5%, with sales at its travel stores flat (-4...