Sales down at WH Smith

Books and stationary retailer WH Smith has reported that its sales in the first 10 weeks of the financial year were down 3%, with like-for-like sales (LFL) down 6% compared to the same period last year.

Books and stationary retailer WH Smith has reported that its sales in the first 10 weeks of the financial year were down 3%, with like-for-like sales (LFL) down 6% compared to the same period last year.

Sales at WH Smith Travel - which has outlets in airports, train stations and motorway services, etc. - were flat, while LFL sales were down 4%, while the gross margin is said to have improved.

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