Wh Smith Profits Up

Summary


Wh Smith today became the latest high street retailer to reveal a sales fall over the festive season, but said better margins meant profits were up.

Like-for-like sales were 5pc lower in the seven weeks to January 21 although tighter cost controls than in previous years put profits above last Christmas and in line with expectations.

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Extract


Wh Smith Profits Up

Chief executive Kate Swann said: "The ...

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