Edition:
United States

WH Smith PLC (SMWH.L)

SMWH.L on London Stock Exchange

1,767.00GBp
24 Mar 2017
Change (% chg)

-3.00 (-0.17%)
Prev Close
1,770.00
Open
1,769.00
Day's High
1,769.00
Day's Low
1,748.00
Volume
251,732
Avg. Vol
387,627
52-wk High
1,893.00
52-wk Low
1,174.00

Latest Key Developments (Source: Significant Developments)

WH Smith sees FY profit growth to be slightly ahead of plan
Wednesday, 25 Jan 2017 02:13am EST 

WH Smith Plc : Trading update . Group has delivered a strong performance over 21 week period with total sales up 2 pct and like-for-like sales up 1 pct. . There is some uncertainty in broader economic environment, we remain confident that group is well positioned for year ahead . "As a result of performance in travel we expect group profit growth for year to be slightly ahead of plan" . "In travel, we have delivered good sales growth across all our key channels in period. . This was driven by ongoing investment in business and continued growth in passenger numbers - particularly in our airport stores over christmas holiday period . In high street, we saw another good performance with sales in line with expectations driven by our new seasonal stationery ranges and spoof humour books. . In travel, like-for-like sales were up 5 pct with total sales up 10 pct of which 3 pct relates to forex benefits from our growing international business. . Gross margin was up year on year and our cost efficiency programme is on track . We opened an additional 32 post offices in period, giving us a total of 145 within our high street stores . In line with plan, up to a further 23 post offices are due to open in balance of year. . Group continues to be highly cash generative with a strong balance sheet..  Full Article

WH Smith says full-year pretax profit up 8 pct
Thursday, 13 Oct 2016 02:00am EDT 

WH Smith Plc : FY pretax profit rose 8 percent to 131 million stg . Final dividend up 12 percent to 30.5 penceper share . Total dividend up 11 percent to 43.9 pence per share . Says travel business continues to perform well with strong sales across all channels and profit up 9 pct . In high street business, our profit focused strategy continues to deliver sustainable growth with profit up 5 pct . Stationery sales have been strong in year . FY total group sales were up 3 pct at £1,212m (2015: £1,178m) with group lfl sales up 1 pct. . FY group profit from trading operations 1 increased 7 pct on prior year to £149m (2015: £139m) .While economic environment is uncertain, we are well positioned for current year and beyond - CEO.  Full Article

WH Smith sees FY results in line with expectations
Wednesday, 24 Aug 2016 02:37am EDT 

WH Smith Plc : WH Smith Plc expects outcome for year to Aug. 31 2016 to be in line with expectations . Our travel business continues to perform strongly with good sales across all of our channels . New store opening programme both in UK and internationally is on track . We have been pleased with customer reaction to our recently opened stores in Alicante airport in Spain . We continue to see further opportunities in international news, books and convenience travel market . Profit performance of our high street business in second half is in line with our expectations .We continue to deliver gross margin improvements and cost savings in line with our profit focused strategy.  Full Article

WH Smith says total group sales for 14 weeks to June 4 up 2 pct
Wednesday, 8 Jun 2016 02:00am EDT 

WH Smith Plc : Trading statement . In 14 week period from 1 March to 4 June 2016 total group sales were up 2% with like-for-like sales flat. . In our travel business total sales were up 9% and like-for-like sales were up 3%, in line with expectations . In our high street business we continue with our profit focused strategy, with sales in period in line with expectations .We remain confident in outcome for full year..  Full Article

WH Smith PLC sees FY 2016 profit outlook slightly ahead of plan
Wednesday, 20 Jan 2016 02:00am EST 

WH Smith PLC:Says that as a result of strong sales performance in High Street over the five week Christmas period, the company expect profit growth for FY 2016 to be slightly ahead of plan.  Full Article

WH Smith PLC sees FY 2015 outlook slightly ahead of consensus of analysts' expectations
Thursday, 20 Aug 2015 02:00am EDT 

WH Smith PLC:Expects outcome for FY 2015 to be slightly ahead of consensus of analysts' expectations.  Full Article

WH Smith PLC declares dividend
Thursday, 16 Apr 2015 02:00am EDT 

WH Smith PLC:Says it has declared an interim dividend of 12.1p per share, a 12 pct increase on last year.  Full Article

More From Around the Web

UPDATE 2-WH Smith's profit forecast brightens after strong Christmas sales

Jan 25 British books, newspapers and stationery retailer WH Smith Plc firmed up its profit forecast on Wednesday after reporting strong sales from its stores at airports and train stations over the Christmas period.