NEWSFLOW
WH Smith (#SMWH) – FY again loss, argues this year “well positioned to return to meaningful profit”
- 2021-11-11 07:40:47
I wrote about WH Smith (SMWH) back here at the start of the month, concluding that I would continue to avoid the stock but look forward to itsnext set of numbers in November to help justify whether both its Travel and High Street businesses were set to make any progress or not.
I am trying to remember the last time I went to a WH Smith (SMWH) store (and I have never been to one online). My guess would be in 2019. Of course growing up in the 1980s life was somewhat different at many levels, but today WH Smith’s is described as having ‘two core businesses – Travel and High Street’. And it has been no guess for a few years before the rise of Covid-19, that the former was becoming more and more important.
