WHSmith sales and profits soar as travel business takes flight
WHSmith has posted soaring sales and profits off the back of increased footfall at its stores as travel rebounded from pandemic lows.
Beating analyst expectations, the group reported headline profit before tax of £143m for the year ended August 31, up 96% from last year while group revenue rose 28% to £1,793m.
In what the high street retailer called “significant progress”, its travel divisions all saw strong growth with UK trave total revenue up 36%, North America rising
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