WH Smith's Potential High Street Exit Could Be Well Timed -- Market Talk

Dow Jones

2025/01/29

0859 GMT - WH Smith's potential exit of the High Street business could be timely, Interactive Investor analyst Richard Hunter says in a note. The unit has been a drag recently for the retailer, with store closures, margin pressures and faltering progress, he says. The move would allow the company to focus on its Travel unit, which is currently responsible for 85% of trading profit, Hunter notes. Shares are up 6.2% at 1,264 pence. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

January 29, 2025 03:59 ET (08:59 GMT)

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The unit has been a drag recently for the retailer, with store closures, margin pressures and faltering progress, he says. The move would allow the company to focus on its Travel unit, which is currently responsible for 85% of trading profit, Hunter notes. Shares are up 6.2% at 1,264 pence. (anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 29, 2025 03:59 ET (08:59 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":"2507660683","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507660683","pubTimestamp":1738141140,"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":"Copyright (c) 2025 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4142":"酒店、度假村与豪华游轮","WH":"Wyndham Hotels & Resorts Inc"},"translate_title":"WH Smith可能退出商业街的时机可能恰逢其时——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WH":1},"content_text":"0859 GMT - WH Smith's potential exit of the High Street business could be timely, Interactive Investor analyst Richard Hunter says in a note. The unit has been a drag recently for the retailer, with store closures, margin pressures and faltering progress, he says. The move would allow the company to focus on its Travel unit, which is currently responsible for 85% of trading profit, Hunter notes. Shares are up 6.2% at 1,264 pence. (anthony.orunagoriainoff@dowjones.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 29, 2025 03:59 ET (08:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}