WH Smith Faces a Big Rebuild -- Market Talk

Dow Jones
04/23

1007 GMT - WH Smith's chairman, Leo Quinn has a serious task ahead of him if he's to rebuild the company, AJ Bell's Dan Coatsworth writes. Investors in the travel retailer may now miss its high street operations which generated healthy cash flows for the dividend, which WH Smith suspended Thursday. Its decision to invest in its U.K. travel stores dents profit at a time of considerable uncertainty, Coatsworth says. Shares fall 11% to 560 pence.(adam.whittaker@wsj.com)

 

(END) Dow Jones Newswires

April 23, 2026 06:07 ET (10:07 GMT)

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