|Bid||1,466.00 x 0|
|Ask||1,470.50 x 0|
|Day's Range||1,458.50 - 1,479.50|
|52 Week Range||13.59 - 1,809.50|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 27, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 09, 2020|
|1y Target Est||1,954.09|
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WHSmith said full-year profits would be towards the top end of market forecasts as its travel business continues to recover, providing some rare positive news in a sector that has been battered by concerns about the rising cost of living. WHSmith’s increasingly global travel division, which operates more than 1,100 stores in airports, railway stations and hospitals, is driving the recovery. Sales were 123 per cent of the same period in 2019, as more regions of the world opened up to domestic and international travel.
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.