WH Smith's High-Street Business Sale Would Make It More Attractive, RBC Says -- Market Talk

Dow Jones

01/27

0719 GMT - WH Smith's exploring of strategic options, including a sale, for its high-street business is a positive, RBC Capital Markets analysts Richard Chamberlain and Manjari Dhar say in a research note. This should allow the U.K. retailer's management to focus on its more attractive travel business--generating 85% of trading profit, RBC says. The outlook for high street looks challenging given pressure on footfall, the analysts say. A potential sale would remove a key overhang on the shares and should make WH Smith more attractive, they add say. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

January 27, 2025 02:19 ET (07:19 GMT)

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This should allow the U.K. retailer's management to focus on its more attractive travel business--generating 85% of trading profit, RBC says. The outlook for high street looks challenging given pressure on footfall, the analysts say. A potential sale would remove a key overhang on the shares and should make WH Smith more attractive, they add say. (nina.kienle@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 27, 2025 02:19 ET (07:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4142","symbol_name":"酒店、度假村与豪华游轮","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2506285833","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506285833","pubTimestamp":1737962340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0719 GMT - WH Smith's exploring of strategic options, including a sale, for its high-street business is a positive, RBC Capital Markets analysts Richard Chamberlain and Manjari Dhar say in a research note. 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