|Bid||1,373.00 x 0|
|Ask||1,375.00 x 0|
|Day's Range||1,368.50 - 1,430.00|
|52 Week Range||13.59 - 1,809.50|
|Beta (5Y Monthly)||1.75|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 09, 2020|
|1y Target Est||N/A|
The company said it has seen a particularly sharp recovery at airport stores, amid a sharp increase in holidaymakers travelling internationally.
British retailer WH Smith and hotel group Whitbread are seeing business return to pre-pandemic levels, with pent-up demand for summer vacations boosting the leisure industry's recovery from the COVID-19 crisis. WH Smith, which has shops at airports and railway stations, said on Wednesday its revenue in the third quarter surpassed pre-pandemic levels for the first time and it expected its full-year performance to be at the higher end of market expectations. Whitbread on Wednesday said hotel stays were above pre-crisis levels and said its Premier Inn brand in Britain was about 40% booked for the second quarter, giving it confidence that it would stay ahead of the market for the rest of the year.
The company, which has stores in travel hubs and sells everything from books and sandwiches to Bluetooth headphones, expects its full-year performance to reach the higher end of analysts' forecasts as travel rebounds in the summer season. London-listed WH Smith continues to see recovery in the North American and British markets, with its total travel business revenue up 23% on 2019's revenue in the 15 weeks to June 11.