LFL sales decline eases at WH Smith
Newsagent WH Smith said trading in the 21 weeks to January 21st was resilient, with profit growth in line with expectations.
Newsagent WH Smith said trading in the 21 weeks to January 21st was resilient, with profit growth in line with expectations.
Total sales were down 3% year-on-year over the period, with like-for-like (LFL) sales 5% lower, a slight improvement on the 6% decline in LFL sales which the company reported in the first 10 weeks of its financial year.
More to follow ...
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
jh
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Annual UK rent jumps £3,240 since Covid, says Zoopla
Zoopla finds rental costs have risen 27% since 2021, with rental costs far outstripping wages over that period
By Chris Newlands Published
-
The top stocks in the FTSE 100
After a year of strong returns for the UK’s flagship index, which FTSE 100 stocks have posted the best performance in 2024?
By Dan McEvoy Published