29th Oct 2025 08:53
WH Smith PLC - Swindon, England-based travel retail - Schedules its delayed annual results for December 16, saying the third-party review of its US business will be complete by the end of November. WH Smith's results for the financial year that ended August 31 were originally scheduled to be released on November 12. However in late August, the retailer said profit in its North American had been overstated, sending its shares tumbling. WH Smith at the time said this was due to accelerated recognition of supplier income, such as incentives and discounts. WH Smith commissioned accountancy firm Deloitte LLP to conduct a review. On Wednesday, it said Deloitte is expected to conclude its review by the end of next month, allowing PricewaterhouseCoopers LLP to complete the audit of the results and clearing the way for WH Smith to release them in December.
Current stock price: 701.50 pence, down 1.2% in London on Wednesday morning
12-month change: down 49%
By Tom Waite, Alliance News editor
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