WH Smith's Woes Worry Investors -- Market Talk

Dow Jones
12/12

1054 GMT - WH Smith's accounting problems have spooked investors, AJ Bell's Dan Coatsworth writes in a note. The retailer, known for its airport stores, said Friday that it wouldn't release results for its now-ended fiscal year until next week. "It's never a good look when a company delays its financial results once, let alone twice as in the case of WH Smith," Coatsworth says. "Postponing the results again suggests WH Smith's auditor has either found something troubling in the accounts or the retailer wants to be doubly sure its figures are as transparent as a pane of glass." Shares lose 1.5% to 6.57 pounds and have fallen 45% year to date. (joshua.kirby@wsj.com; @joshualeokirby)

 

(END) Dow Jones Newswires

December 12, 2025 05:54 ET (10:54 GMT)

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