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 ...

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