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WH Smith Says 87.77% Of Shareholders Cast Vote For Approval Of Remuneration Report At AGM
WH Smith Says Rev Up 7% And LFL Rev Down 1% For 20 Weeks
WH Smith Investors Approve Acquisition Of Marshall Retail
WH Smith PLC is a United Kingdom-based retailer in convenience, books and news for travelling customers. The Company is a high street stationer, bookseller and newsagent. The Company operates through two segments: High Street and Travel. The Company's Travel business sells its products to cater for people on the move or in need of a convenience offer. The Travel business operates from approximately 768 units mainly in airports, railway stations, motorway service areas and hospitals. The High Street business sells a range of Stationery (including greetings cards, general stationery, art and craft, and gifting), News and Impulse (including newspapers, magazines, confectionery and drinks) and Books. The High Street business operates from approximately 612 High Street stores. The Company's digital business operates through two Websites: www.whsmith.co.uk and www.funkypigeon.com. It also operates across Australia, South East Asia, India and the Middle East.
Henry S. Staunton
Non-Executive Chairman of the Board
Group Chief Executive, Director
Chief Financial Officer, Chief Operating Officer, Executive Director
Legal Director, Company Secretary
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WH Smith <SMWH.L> said on Wednesday sales in the 20-week period including Christmas rose 7%, as more customers shopped at its outlets in airports and railway stations, but turmoil on the British shopping streets led to lower like-for-like sales.
British retailer WH Smith Plc <SMWH.L> made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding in a fast-growing segment and sending its shares up 5%.
WH Smith Plc on Thursday reported a 7% increase in annual pretax profit and said it would buy Marshall Retail Group for about $400 million to expand internationally.
WH Smith Plc <SMWH.L> said on Wednesday it was set to meet its fiscal year results expectations, bolstered by solid sales at its stores in airports and railway stations.
British books, stationery and newspaper chain WH Smith Plc said on Wednesday its stores at airports and railway stations performed well in the year, helping it expect an annual outcome in line with its expectations.
** Shares of British books, stationery and newspaper chain up about 2% at 20 pounds
WH Smith Plc <SMWH.L> announced the departure of Chief Executive Officer Stephen Clarke after six years in charge on Tuesday, as the British books, stationery and newspaper chain reported another double-digit rise in sales in the third quarter.
WH Smith Plc Chief Executive Officer Stephen Clarke has decided to step down, the British books, stationary and newspaper chain said on Tuesday as it reported a rise in third-quarter sales.
British books, newspaper and stationery seller WH Smith took a step into U.S. airports on Tuesday by buying digital accessories retailer InMotion for 155 million pounds ($198.40 million), pushing its shares 5 percent higher in early trade.
Books, newspaper and stationery seller WH Smith has agreed to buy airport-based digital accessories retailer InMotion for 155 million pounds ($198.40 million).
Shares in WH Smith <SMWH.L> fell more than 8 percent on Thursday after the books, newspaper and stationery retailer said it would close six high street stores and a franchisee initiative as part of a restructuring to cope with weaker consumer spending.
Books, newspaper and stationery retailer WH Smith said on Thursday that it plans to restructure its high street business after a thorough review amid challenges faced by retailers.
* H1 GROUP REVENUE GROWTH DECLINE OF 1 PERCENT VERSUS 2 PERCENT GROWTH A YEAR AGO
British books, newspaper and stationery retailer WH Smith Plc <SMWH.L> reported a 1 percent drop in interim pretax profit as its high street business continues to sag under pressure from broader softness in the UK retail market.
The head of British stationer WH Smith <SMWH.L> said the company had no plans to close any high street stores after a slowdown in sales weighed on its performance over the past 20 weeks.
WH Smith Plc, a seller of books, newspaper and stationery, reported that sales during the 20 weeks to Jan. 20 were flat compared with a year earlier as gains from its travel shops were offset by a cooling high street business.
* SALES FLAT YEAR ON YEAR AND LIKE-FOR-LIKE SALES DOWN 1% FOR 20 WEEK PERIOD
British books and stationery retailer WH Smith Plc <SMWH.L> reported a 6.9 percent rise in annual pretax profits to 140 million pounds on Thursday, with growth led by outlets at airports and other travel sites.
British books and stationery retailer WH Smith Plc reported a 6.9 percent rise in annual pretax profit to 140 million pounds ($185.57 million) on Thursday led by outlets in airports and other travel hubs.
* FY GROUP PROFIT BEFORE TAX AT 140 MILLION STG VERSUS 131 MILLION STG YEAR AGO
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.