UK retailer WH Smith released their year-end earnings report for the period ended August 31, and the company stated it “is now in its strongest ever position as a global travel retailer” with sales that not only rebounded post pandemic, but reached their highest level ever: overall sales of £1.4 billion were up 58 percent over last year. Profit before tax was £63 million compared to a £(116) million loss last year. High street sales, however, remain well below were they were pre-pandemic (after declining for a decade), registering £473 million, down (2.5) percent from last year’s £485 million. Trading […]
