UK Retail Sales Decline for Second Month in a Row
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LiveUpdated1m agoUK Retail Sales Decline for Second Month in a Row1m ago WH Smith has finally released its results following a delay, with its full-year revenue matching expectations and saying that its transformation into a “pure-play travel retailer” is completed. It added that, following the accounting review, a remediation plan is in place and is “progressing at pace.” And it said that the Financial Conduct Authority has started a probe into the company. WH Smith expects to full-year 2026 headline profit before tax and non-underlying items of £100 million to £115 million. Here’s what its interim CEO Andrew Harrison had to say: “It has been a difficult end to the year for the group. The board and I are acutely aware that we have much to do to rebuild confidence in WHSmith and deliver stronger returns as we move forward.” Kit ReesUK Markets Today, LondonCopied