Connecting to LinkedIn...

WHSmith on track for solid full year performance

W1siziisijiwmtyvmdgvmjqvmdcvnduvmjevnza1l1dfsf9tbwl0af9lehrlcmlvci5kuecixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

WHSmith is expecting its trading results for the year to August 31 will be in line with expectations thanks to a strong performance in its travel business.

In its trading update announced today ahead of next week’s full year results, the book retailer said its high street business profits is also in line to meet expectations for the second half of the year – bolstered by the rise in popularity of colour therapy for adults.
WHSmith said its new store opening programme in the UK and internationally was also on track.

“We have been pleased with the customer reaction to our recently opened stores in Alicante airport in Spain, and we continue to see further opportunities in the international news, books and convenience travel market,” the retailer said in a statement.

"We continue to deliver gross margin improvements and cost savings in line with our profit focused strategy."

Click here to sign up to Retail Gazette's free daily email newsletter

 

Published on Wednesday 24 August by Elias Jahshan

Articles similar to book retailer

Articles similar to WHSmith

comments powered by Disqus