|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||22.84 - 22.84|
|52-week range||10.31 - 22.84|
|Beta (5Y monthly)||1.85|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Activist investor ups stake in WH Smith but backs management. Analysts suggest Causeway Capital expects a recovery in international travel will help Covid-hit retailer
The retail group revealed that total sales in the six months to August 31 were 65% of pre-pandemic levels.
(Reuters) -WH Smith's 2022 profit is likely to be at the lower end of market expectations, the British retailer warned on Wednesday as a slow and uncertain recovery in global tourism squeezes its stores in travel hubs like airports and train stations. The company's 2022 pretax profit was expected to be in the range of 70 million to 135 million pounds ($96-186 million), according to a company-compiled consensus of analysts estimates. WH Smith highlighted, though, that a quicker recovery in its North American travel stores in the last two months meant that the group's 2021 performance would be slightly better than market expectations of a pretax loss of 68 million pounds.