WH Smith cuts US profit guidance after £30m overstatement

21st Aug 2025 08:03

(Sharecast News) - Shares in WH Smith tumbled on Thursday after the retailer cut its profit outlook, having uncovered an accounting overstatement of around £30m for North America trading profit.

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WH Smith sells funkypigeon to Card Factory for £26m

29th Jul 2025 07:34

(Sharecast News) - WH Smith said it had sold its online greeting cards business, funkypigeon.com, to Card Factory for £26m as it continued its pivot towards travel retail.

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London close: Stocks slip on slew of UK data

30th Jun 2025 17:40

(Sharecast News) - London stocks ended lower on Monday as investors digested a series of UK economic data and monitored developments in North American trade negotiations.

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WH Smith cuts price of high street division amid weak trading

30th Jun 2025 08:56

(Sharecast News) - Retailer WH Smith said on Monday that it has cut the price of its high street business after a slump in trading.

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London close: Stocks higher on service data, tariff reprieve

4th Jun 2025 18:04

(Sharecast News) - London equities closed modestly higher on Wednesday, supported by a rebound in the UK services sector and relief that the country avoided increased US tariffs on steel and aluminium.

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WH Smith 'well-positioned' for future growth

16th Apr 2025 08:01

(Sharecast News) - Retailer WH Smith said on Wednesday that it was "well-positioned for future growth" as a pure-play travel retailer after the segment turned in a strong H1 performance.

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London close: Stocks slip as US core inflation tops forecasts

28th Mar 2025 14:40

(Sharecast News) - London stocks closed lower on Friday, as investors digested a mix of economic signals, including a surprise rise in US consumer inflation and fresh domestic data.

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WH Smith sells high street stores to Modella Capital for £76m

28th Mar 2025 07:03

(Sharecast News) - WH Smith has sold its UK high street business to Modella Capital for an enterprise value of £76m on a cash and debt-free basis in a deal that will see the chain rebranded as TGJones.

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WH Smith set to pick buyer of high street chain - report

27th Mar 2025 13:22

(Sharecast News) - WH Smith will reportedly decide the fate of its high street chain within days, as it holds final discussions with the two remaining bidders for the business.

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WH Smith completes refinancing

25th Mar 2025 08:05

(Sharecast News) - WH Smith said it had completed a £200m issue of US private placement notes and a bank term loan of £120m.

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Berenberg reiterates 'buy' rating on WH Smith

3rd Mar 2025 11:08

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating and 1,600.0p target price on retailer WH Smith on Monday as it said the group's potential high street exit looked "sensible".

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London close: Stocks mixed ahead of US Fed decision

29th Jan 2025 15:22

(Sharecast News) - London's financial markets finished in a mixed state on Wednesday, as investors looked to the latest policy announcement from the US Federal Reserve and awaited key earnings reports from major American technology firms.

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WH Smith hails strong momentum in travel business as revenues rise

29th Jan 2025 07:21

(Sharecast News) - WH Smith posted a 4% jump in revenue for the 21 weeks to 25 January on Wednesday as it hailed strong momentum in the travel business, while high street sales fell as expected.

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London close: Stocks mixed as investors look to Fed

27th Jan 2025 15:48

(Sharecast News) - London stocks ended Monday with a mixed performance as investors braced for a week dominated by key interest rate decisions and major corporate earnings.

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High street sale would remove a reason not to buy WH Smith shares, says RBC

27th Jan 2025 14:57

(Sharecast News) - A potential sale of WH Smith's high street business would remove a reason not to buy the shares and make it a more attractive "pure-play", RBC Capital Markets said in a note on Monday.

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