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WH Smith turnaround takes hit as profit misses targets

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City AM
WH Smith turnaround takes hit as profit misses targets
WH Smith has delivered a lower-than expected profit even after cutting its targets multiple times, as “weaker” consumer confidence slowed the company’s turnaround. The London-listed travel retailer posted a £73m pre-tax profit in the year to the end August, 28 per cent lower than last year. After multiple profit warnings earlier this year the group [...]
12 Nov, 08:23
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