WH Smith like for likes down
Group cautious about consumer spending but confident in the outcome for the full year.
The combined like for like sales for WH Smith High Street and WH Smith Travel for the period were -2 per cent compared to the same period last year.
WH Smith High Street like for like sales were -3 per cent and WH Smith Travel like for like sales were +1 per cent in the period (excluding tobacco, like for like sales in WH Smith Travel were +3 per cent). Total Group sales in the first 13 weeks of the second half of the financial year were +6%, reflecting the impact of recent acquisitions.
” The economic environment remains uncertain and, whilst we continue to be cautious about consumer spending, we are confident in the outcome for the full year” the group said.
