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WH Smith (SMWH) investor relations material
WH Smith Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Solid first half performance with total revenue up 5% on a constant currency basis versus the prior year.
On track to deliver full-year Group guidance.
Financial highlights
Group revenue increased 5% year-over-year on a constant currency basis for the 26 weeks to 28 February 2026.
UK revenue up 2% with like-for-like (LFL) revenue also up 2%.
North America revenue up 10%* and LFL revenue up 1%.
Rest of the World revenue up 8%* and LFL revenue up 6%.
Outlook and guidance
Group is on track to meet full-year guidance.
Geopolitical uncertainty in the Middle East is being monitored for its impact on passenger numbers.
Continued focus on strategic priorities, cost, and cash discipline.
- Profit up 16% to £166m, revenue up 7%, with strong travel growth and higher shareholder returns.SMWH
H2 202414 Jan 2026 - Travel segment delivers double-digit profit growth as group pivots to global travel retail.SMWH
H1 202523 Dec 2025 - 5% revenue growth, profit flat, North America restatements, FY26 margin and growth focus.SMWH
H2 202519 Dec 2025 - Strong Travel growth, £50m share buyback, and £85m pension return highlight robust performance.SMWH
Trading Update13 Jun 2025 - Travel revenue up 9% and new initiatives drive WH Smith's growth outlook.SMWH
Trading Update13 Jun 2025 - Travel revenue up 7% and full-year outlook maintained ahead of peak summer trading.SMWH
Trading Update6 Jun 2025 - Travel revenue up 8%, North America expansion accelerates with 60 new stores in pipeline.SMWH
Trading Update6 Jun 2025
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