UK-based WH Smith reported headline sales results for the past 20 weeks consistent with their recent pattern: High-street sales were down 5 percent (both overall and on a same-store basis), while their network of travel stores was also down 5 percent (but only 4% on a same-store basis). But they say they “delivered a good profit performance,” and at the High-street stores “gross margin improved strongly in the period.” Note the pattern in our previously clipped stories for the past year: – WH Smith Comps Down 4% (and 5% At High Street Stores) | clipped Wednesday, November 14, 2012 – […]
