WH Smith delays results by over a month on accounts error
WH Smith postponed its annual results to Dec 16 after a £30m US profit overstatement linked to early supplier income recognition, Deloitte review ongoing.
7 Articles
7 Articles
WH Smith postpones results amid accounting error
WH Smith has postponed its full-year results following an accounting error that saw its US profits be overstated by around £30m.In an update, the company said that its preliminary results for the financial year ended 31 August 2025, which were previously set to be announced on 12 November 2025, are now expected to be published on 16 December 2025. It comes as the independent and comprehensive review currently being undertaken by Deloitte LLP is …
WH Smith delays results by more than a month as accounting struggles persist
WH Smith has delayed the publication of its results by more than a month as it wrestles to get to the bottom of accounting issues that caused profit expectations to be overstated by tens of millions of pounds. The global travel retailer was due to publish its preliminary results on 12 November, but has now pushed the date back to 16 December, as audit firm Deloitte investigates flaws in its accounting systems. “The revised date will provide the …
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