WH Smith expects annual profit at lower end of forecast

WH Smith set for sharp drop in profits as it sites cost and trading pressures

Retailer WH Smith has revealed more pressure on profits as it said results would be at the bottom of forecasts following a series of recent downgrades just months after a £100m investor cash call.

WH Smith expects annual profit at lower end of forecast

WH Smith set for sharp fall in profits amid cost and trading pressures

The retailer now expects profits to drop to around £75 million for the year to August 31, down from £108 million in 2024-25.

WH Smith warns on profit again as discounting hits margins

WH Smith has cut its profit target again after warning that intense discounting and “inflation headwinds” are hitting its bottom line. The convenience retailer had initially told investors it could make as much as £105m in pre-tax profit this year, before slashing the target to between £75m and £90m. On Wednesday, the group reduced its [...]

WH Smith expects FY profit at lower end as inflation and promotions squeeze margins

Increased promotional activity, inflation and reduced brand marketing have weighed on trading margins despite solid summer revenue growth. Read the full story at Retail Sector.

WHSmith trading update anticipates revenue rise but profits fall in financial year

In a trading update for the year ended 31 August, WHSmith said group revenue is expected to climb by +5% year-on-year though profits look set to fall sharply.