0745 GMT - WH Smith needs to rebuild credibility with the market, RBC Capital Markets analysts write in a note. The seller of stationery, books and magazines in airports and train stations reported a softer-than-expected third quarter inits performance update, they say. The company's approach to retail should allow it to successfully expand in the global market for travel essentials. But it will now need to be more selective about opening company-owned stores internationally, the analysts say. If WH Smith can reassure the market that its recent mistakes will not be repeated, this could lead to an improvement of its rating over time, they say. Shares are down 15% at 4.17 pounds. (najat.kantouar@wsj.com)

(END) Dow Jones Newswires

June 10, 2026 03:45 ET (07:45 GMT)

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