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WH Smith
(LSE:SMWH)
WH Smith (SMWH) vs. S&P 500 (SPY)
WH Smith Business Overview & Revenue Model
WH Smith Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.86B | 1.92B | 1.79B | 1.40B | 886.00M | 1.02B | Gross Profit |
| 1.15B | 1.21B | 1.11B | 849.00M | 514.00M | 568.00M | EBIT |
| 162.00M | 158.00M | 156.00M | 112.00M | -34.00M | -53.00M | EBITDA |
| 271.00M | 334.00M | 316.00M | 243.00M | 42.00M | -95.00M | Net Income Common Stockholders |
| 64.00M | 67.00M | 79.00M | 47.00M | -82.00M | -239.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 44.00M | 56.00M | 56.00M | 132.00M | 130.00M | 108.00M | Total Assets |
| 1.70B | 1.87B | 1.65B | 1.69B | 1.35B | 1.45B | Total Debt |
| 1.08B | 1.05B | 951.00M | 1.04B | 925.00M | 959.00M | Net Debt |
| 1.04B | 997.00M | 895.00M | 909.00M | 795.00M | 851.00M | Total Liabilities |
| 1.37B | 1.42B | 1.31B | 1.42B | 1.21B | 1.22B | Stockholders Equity |
| 304.00M | 416.00M | 277.00M | 255.00M | 133.00M | 222.00M |
| Cash Flow | Free Cash Flow | ||||
| 142.00M | 144.00M | 129.00M | 104.00M | 56.00M | 2.00M | Operating Cash Flow |
| 262.00M | 275.00M | 251.00M | 187.00M | 100.00M | 81.00M | Investing Cash Flow |
| -127.00M | -137.00M | -122.00M | -83.00M | -43.00M | -395.00M | Financing Cash Flow |
| -136.00M | -138.00M | -203.00M | -104.00M | -35.00M | 374.00M |
WH Smith Technical Analysis
WH Smith Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £283.99M | 6.89 | 13.65% | 6.88% | 7.75% | -21.78% | |
72 Outperform | £1.14B | 17.31 | 20.52% | 3.74% | 6.97% | -14.59% | |
72 Outperform | £7.25B | 14.20 | 17.19% | 0.81% | 6.87% | 22.36% | |
71 Outperform | £21.91B | 19.45 | 10.18% | 3.70% | ― | ― | |
69 Neutral | £2.72B | 8.33 | 42.42% | 5.37% | 6.82% | -8.24% | |
60 Neutral | £5.40B | 39.39 | 2.25% | 5.54% | 2.66% | 80.49% | |
59 Neutral | $11.74B | 10.16 | -1.06% | 4.15% | 1.27% | -16.61% |
WH Smith Corporate Events
BlackRock, Inc., a major shareholder in WH Smith PLC, has adjusted its voting rights in the company, decreasing its total percentage from 9.81% to 9.00%. This change reflects a reduction in both direct and financial instrument-based voting rights, potentially impacting the influence BlackRock holds over WH Smith’s corporate decisions.
WH Smith PLC announced that as of 31 March 2025, its capital consists of 128,737,964 ordinary shares with voting rights, with no shares held in treasury. This update is crucial for shareholders as it helps them determine their notification requirements under the FCA’s Disclosure and Transparency Rules, potentially impacting their investment decisions and the company’s market transparency.
WH Smith PLC has announced the sale of its UK High Street business to Modella Capital, shifting its focus entirely to the travel retail sector. This strategic move allows WH Smith to concentrate on its rapidly growing Travel business, which already accounts for 75% of the Group’s revenue and 85% of its trading profit. The transaction is expected to enhance the company’s financial profile by improving revenue growth, profit margins, and shareholder value. With a strong presence in structurally advantaged growth markets, WH Smith is well-positioned to capitalize on increasing passenger numbers and airport infrastructure investments, ensuring substantial growth and value for its stakeholders.
WH Smith PLC has successfully completed a £200 million issuance of US Private Placement notes and a £120 million bank term loan, marking its debut in the USPP market. This refinancing effort strengthens WH Smith’s balance sheet by diversifying its debt financing sources and extending its debt maturity profile, positioning the company advantageously ahead of the convertible bond maturing in 2026.
WH Smith PLC has announced a change in its major holdings, with Causeway Capital Management LLC increasing its voting rights in the company to 11.03% from a previous 10.073%. This acquisition of voting rights, notified on March 24, 2025, reflects a strategic move by Causeway Capital, potentially impacting WH Smith’s governance and future strategic decisions.
WH Smith PLC has announced the purchase of 10,989 ordinary shares as part of its ongoing buyback program, initiated in September 2024. This move, which involves the cancellation of the acquired shares, is part of a broader strategy to manage the company’s share capital and potentially enhance shareholder value by reducing the number of shares in circulation.
WH Smith PLC, a well-known retail company, has announced the purchase of 26,700 ordinary shares as part of its ongoing share buyback program. This move, authorized by shareholders at the company’s recent Annual General Meeting, is part of a broader strategy that has seen the company repurchase over 2 million shares since the program’s inception. The shares acquired will be canceled, which could potentially enhance shareholder value by reducing the total number of shares in circulation, thereby increasing earnings per share.
WH Smith PLC, a company engaged in retail and related services, announced the purchase of 29,069 of its own ordinary shares as part of an ongoing buyback program. This action is part of a larger initiative that has seen the company repurchase a total of 2,141,281 shares since the program’s inception. The repurchased shares will be canceled, which could potentially impact the company’s share value and voting rights structure, as the total number of shares in issue stands at 128,775,653.
WH Smith PLC, a prominent player in the retail sector, has announced the repurchase of 27,777 of its ordinary shares as part of a buyback program initiated in September 2024. This move is in line with the authority granted by shareholders earlier in January 2025. The company plans to cancel these shares, which is part of a broader strategy that has seen the acquisition of over 2 million shares to date. This buyback program is a strategic effort to optimize capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
WH Smith PLC, a company involved in retail and services, has announced the purchase of 27,131 ordinary shares as part of its ongoing buyback program. This move, authorized by shareholders, is part of a larger initiative that has seen the company repurchase over 2 million shares. The cancellation of these shares is intended to consolidate the company’s share capital, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
WH Smith PLC announced the purchase of 27,297 ordinary shares as part of its ongoing buyback program, initiated in September 2024. This move is part of a broader strategy to manage the company’s capital structure and enhance shareholder value, with a total of 2,057,304 shares repurchased to date. The cancellation of these shares will adjust the total voting rights, impacting shareholder calculations under the Financial Conduct Authority’s rules.
WH Smith PLC, a prominent retailer, has announced the repurchase of 27,726 ordinary shares as part of its ongoing buyback program. This move, authorized by shareholders, is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value. The company plans to cancel these shares, which could impact the total voting rights and share distribution among stakeholders.
WH Smith PLC, a prominent player in the retail industry, has announced the purchase of 27,697 ordinary shares as part of its ongoing share buyback program. This transaction, conducted under the authority granted by shareholders, aims to reduce the number of shares in circulation, potentially enhancing shareholder value. Since the inception of the buyback program, WH Smith has acquired a total of 1,946,749 shares, reflecting its commitment to optimizing its capital structure. The cancellation of these shares is expected to impact the company’s share capital and voting rights, aligning with its strategic financial management goals.
WH Smith PLC has announced the purchase of 26,132 ordinary shares as part of its ongoing buyback program, which was initiated on 23 September 2024. This move is part of a broader strategy to manage the company’s share capital, with the intention to cancel these shares, potentially impacting shareholder value and market perception.
WH Smith PLC, a prominent retailer, announced the purchase of 25,884 of its own ordinary shares as part of a buyback program initiated in September 2024. This move, authorized by shareholders, aims to cancel the shares, thereby potentially increasing the value of remaining shares and enhancing shareholder value. The company has purchased a total of 1,892,920 shares since the program’s announcement, reflecting its commitment to optimizing its capital structure and returning value to shareholders.
WH Smith PLC announced that as of 28 February 2025, its capital is comprised of 129,099,960 ordinary shares with voting rights, and none are held in treasury. This update is crucial for shareholders as it affects the calculation of their interests under the FCA’s Disclosure and Transparency Rules, impacting how they manage and report their holdings in the company.
WH Smith PLC announced the purchase of 24,400 ordinary shares as part of its ongoing buyback program, which was initially announced in September 2024. This transaction is part of a broader strategy to manage the company’s capital structure and enhance shareholder value. The purchased shares will be canceled, reducing the total number of shares in issue, which currently stands at 129,049,898. This move is expected to impact the company’s market positioning by potentially increasing the value of remaining shares and demonstrating confidence in its financial health.
WH Smith PLC, a prominent retail company, has announced the purchase of 25,662 of its own ordinary shares as part of a buyback program initiated in September 2024. This move, approved by shareholders, aims to cancel the shares, thereby potentially increasing the value of remaining shares and demonstrating confidence in the company’s future performance. The total number of shares purchased under this program now stands at 1,842,636, indicating a significant commitment to the buyback strategy.
WH Smith PLC announced the purchase of 25,684 of its own ordinary shares as part of a previously announced buyback program. This move is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value. The shares will be canceled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares. This action reflects WH Smith’s ongoing efforts to optimize its financial operations and strengthen its market position.
WH Smith PLC has announced the purchase of 25,033 of its own ordinary shares as part of a buyback program initiated in September 2024. The company intends to cancel these shares, which is part of a broader strategy to manage its share capital and potentially enhance shareholder value. This transaction reflects WH Smith’s ongoing efforts to optimize its capital structure and could have implications for its market positioning and shareholder interests.
WH Smith PLC has announced the purchase of 24,709 ordinary shares as part of its ongoing buyback program, which was initially announced in September 2024. The company intends to cancel these shares, contributing to a total of 1,766,257 shares purchased under the program. This move is part of WH Smith’s strategy to manage its capital structure and potentially enhance shareholder value.
WH Smith PLC announced the purchase and subsequent cancellation of 25,181 ordinary shares as part of its ongoing buyback program. This strategic move, authorized by shareholders, aims to reduce the overall number of shares in circulation, potentially enhancing shareholder value and reflecting a strengthened financial position.
WH Smith PLC, a retailer known for its presence in travel and high street locations, has announced the repurchase of 24,903 of its own ordinary shares at a volume-weighted average price of 11.7680 GBP per share as part of a buyback programme initiated in September 2024. The company plans to cancel these shares, which is part of a broader strategy that has seen the purchase of 1,716,367 ordinary shares so far, potentially enhancing shareholder value by reducing the number of shares outstanding and increasing the value of remaining shares.
WH Smith PLC, a company involved in transactions of its own shares, has announced the purchase of 24,610 ordinary shares as part of its buyback program. This initiative, authorized by shareholders, aims to enhance shareholder value by reducing the number of shares in circulation. Since the commencement of the program, WH Smith has acquired a total of 1,691,464 shares, reflecting its strategic focus on capital management and shareholder returns.
WH Smith PLC announced the purchase of 24,311 ordinary shares as part of its ongoing share buyback program, which began in September 2024. This acquisition is part of a strategic move to reduce the total number of shares in circulation, thereby potentially increasing the value of remaining shares and enhancing shareholder value. The total number of shares now stands at 129,250,080, which represents the total voting rights in the company. This move aligns with the company’s strategy to manage its capital structure effectively and could have implications on share pricing and shareholder distribution.
WH Smith PLC has announced the purchase of 24,529 of its own ordinary shares as part of a buyback program that was initiated in September 2024. The company intends to cancel these shares, impacting the total number of shares and voting rights. This move is part of a broader effort to manage capital efficiently and potentially increase shareholder value.
WH Smith PLC announced the purchase of 23,306 of its own ordinary shares as part of a previously declared buyback program. This move, which aims to reduce the number of shares in circulation and potentially enhance shareholder value, reflects WH Smith’s strategic financial management and could influence its stock market positioning. The company’s total shares in issue now stand at 129,298,920, providing a reference for shareholder voting rights calculations.
WH Smith PLC has announced the purchase of 23,328 ordinary shares as part of their ongoing buyback program. The company plans to cancel these shares, which will impact the total voting rights for stakeholders. This action is part of a larger buyback initiative that has already seen the purchase of over 1.5 million shares, demonstrating WH Smith’s commitment to managing its share capital and potentially enhancing shareholder value.
WH Smith PLC announced the purchase of 23,510 ordinary shares as part of its ongoing shareholder-approved buyback program. These shares will be canceled, contributing to a total of 1,571,380 shares bought back since the program’s inception. This move is aimed at reducing the number of shares in circulation, potentially increasing the value of remaining shares, and enhancing shareholder returns.
WH Smith PLC announced the purchase of 23,146 ordinary shares as part of its ongoing share buyback program initiated in September 2024. This program, supported by shareholder authority from January 2025, has seen the company buy back 1,547,870 shares to date, with the intention to cancel them, thereby potentially increasing shareholder value and affecting the company’s total voting rights.
WH Smith PLC has announced a transaction involving the repurchase of 23,696 ordinary shares as part of its ongoing share buyback program. These shares will be canceled, contributing to a total of 1,524,724 shares purchased since the program’s inception, reflecting the company’s strategy to enhance shareholder value.
WH Smith PLC has announced the purchase of 23,400 of its own ordinary shares as part of a buyback program initiated in September 2024. This move, authorized by shareholders, is part of a broader strategy to manage the company’s share capital and potentially enhance shareholder value. The buyback program, since its inception, has resulted in the company purchasing over 1.5 million shares, which are intended to be canceled, thereby reducing the total number of shares in circulation. This action demonstrates WH Smith’s commitment to optimizing its capital structure and could have implications for its market positioning and shareholder dynamics.
WH Smith PLC announced the repurchase of 22,250 of its own shares as part of its ongoing buyback programme. This move is aimed at enhancing shareholder value by reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares. Since the start of the programme, the company has repurchased a total of 1,477,628 shares. The decision to cancel these shares could signify WH Smith’s confidence in its financial position and commitment to returning value to its shareholders.
WH Smith PLC, a prominent retail company, announced the purchase of 21,440 of its own ordinary shares as part of a buyback program that began in September 2024, intending to cancel these shares. This transaction, conducted through Barclays on the London Stock Exchange, reflects WH Smith’s commitment to enhancing shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and improving market perception.
WH Smith PLC has announced the purchase of 22,500 of its own ordinary shares as part of a buyback program initiated in September 2024. This move, authorized by shareholders, aims to reduce the company’s share capital by canceling the acquired shares, potentially enhancing shareholder value through improved earnings per share and market perception.
WH Smith PLC has announced the purchase of 23,000 of its own ordinary shares as part of a previously announced buyback program. This buyback, authorized by shareholders, is part of a larger initiative in which the company has repurchased over 1.4 million shares to date. The recent transaction is expected to enhance shareholder value by reducing the number of shares in circulation, thus potentially increasing earnings per share. The cancellation of these shares reflects WH Smith’s ongoing commitment to managing its capital efficiently, which could positively impact investor perceptions and market positioning.
WH Smith PLC has announced its current capital structure as of 31 January 2025, revealing a total of 129,528,496 ordinary shares with voting rights. This announcement is significant for shareholders as it provides the necessary data for compliance with the FCA’s Disclosure and Transparency Rules, allowing them to monitor and report any changes in their shareholding interests.
WH Smith PLC successfully conducted its Annual General Meeting on January 29, 2025, where all resolutions proposed were approved by its shareholders. Key resolutions included the approval of the remuneration report, re-election of directors, and authorization for share allotment and market purchases, indicating strong support for the company’s strategic and operational direction. This outcome reflects positively on the company’s governance and shareholder confidence, potentially reinforcing its market position and strategic initiatives.
Artemis Investment Management LLP has increased its voting rights in WH Smith PLC, crossing the 5% threshold to hold 5.34475% of the voting rights as of January 21, 2025. This change reflects a strategic adjustment in their investment portfolio and may influence WH Smith’s shareholder dynamics, potentially impacting decision-making processes within the company.
WH Smith PLC has reported a promising start to its financial year, with strong growth across its travel divisions, particularly in North America where like-for-like revenue increased by 3%. The company has announced new store openings at major airports and continues to see revenue growth, despite some economic uncertainties, positioning it well for further expansion in 2025.
WH Smith PLC announced the purchase of 25,679 ordinary shares as part of its ongoing buyback program approved by shareholders in January 2024. The company intends to cancel these shares, which is part of a larger strategy to manage its share capital. This move signifies the company’s efforts to enhance shareholder value and could impact shareholding dynamics as it adjusts its total number of shares in issue.
WH Smith PLC announced the repurchase of 26,132 of its ordinary shares as part of its ongoing buyback program initiated in September 2024. This move is part of a larger strategy that has seen the company buy back a total of 1,362,759 shares, with the intention to cancel them, potentially impacting the company’s stock value and market positioning by reducing the number of shares in circulation.
WH Smith PLC is considering strategic options for its profitable High Street business, including a potential sale, as it continues to focus on its global travel retail operations. This move highlights the company’s shift towards the travel sector, which now accounts for the majority of its revenue and trading profit, emphasizing its industry positioning and potential implications for stakeholders.
WH Smith PLC announced the repurchase of 26,041 ordinary shares as part of its ongoing buyback program, which was initially announced in September 2024. The company plans to cancel these shares, contributing to a total of 1,336,627 shares repurchased since the program’s inception. This action is in line with the authority granted by shareholders and reflects the company’s strategy to manage its capital effectively. The move impacts the company’s share structure and voting rights, potentially affecting shareholder interests under financial regulations.
WH Smith PLC has announced the purchase of 26,155 of its ordinary shares as part of its ongoing buyback programme, initiated in September 2024. The shares will be cancelled, reducing the total number of shares in issue to 129,606,348, which affects the company’s total voting rights and shareholder calculations under regulatory guidelines.
WH Smith PLC has announced that Causeway Capital Management LLC has increased its stake in the company, now holding 10.073% of the voting rights, up from a previous position of 9.050%. This acquisition of voting rights signifies a strengthened position for Causeway Capital within WH Smith, potentially impacting the company’s governance and decision-making processes.
WH Smith PLC has announced the repurchase of 25,575 ordinary shares as part of their ongoing buyback program initiated in September 2024. This move is part of a broader strategy to enhance shareholder value, with the company having bought back a total of 1,284,431 shares to date, potentially impacting shareholder voting rights and market perceptions of the company’s financial health.
WH Smith PLC announced the purchase of 25,445 ordinary shares as part of its ongoing share buyback program, initiated in September 2024. The transaction aligns with the authority granted by shareholders and aims to cancel these shares, impacting the company’s total voting rights and potentially enhancing shareholder value.
WH Smith PLC has announced the purchase of 24,782 ordinary shares as part of its ongoing buyback program initiated in September 2024. This transaction is part of the company’s efforts to consolidate its share capital by canceling purchased shares, potentially enhancing shareholder value and reflecting confidence in its financial health.
WH Smith PLC has announced the purchase of 25,295 of its own ordinary shares as part of a buyback program initiated in September 2024. This action, which is intended to cancel the shares, is part of a broader effort that has seen the company repurchase over 1.2 million shares, potentially impacting shareholder value and company market positioning.
WH Smith PLC announced the repurchase of 25,146 ordinary shares as part of its ongoing share buyback program, initially revealed in September 2024. The company intends to cancel these shares, contributing to a total of 1,183,334 shares repurchased since the program’s inception. This move reflects WH Smith’s strategic focus on optimizing its capital structure and may influence shareholder voting rights as it alters the total shares in issue.
WH Smith PLC has announced the repurchase of 26,155 ordinary shares as part of its ongoing buyback program, which commenced in September 2024. This move is part of the company’s strategy to reduce the number of shares in circulation, potentially increasing earnings per share and shareholder value. The total number of shares purchased under this program now stands at 1,158,188, reflecting WH Smith’s commitment to enhancing its capital structure and returning value to shareholders.
WH Smith PLC has announced the purchase and intended cancellation of 26,455 ordinary shares as part of its ongoing buyback program, which was initiated in September 2024. This move aligns with the company’s strategy to optimize capital structure and enhance shareholder value, reflecting its proactive approach in managing equity during fluctuating market conditions.
WH Smith PLC, a company engaged in the transaction of its own shares, announced the purchase of 26,386 ordinary shares as part of its ongoing buyback programme, with plans to cancel these shares. This move is part of a broader strategy that has seen the company repurchase over 1 million ordinary shares since the programme’s inception in September 2024, potentially impacting the company’s share value and shareholder voting rights.
WH Smith PLC has announced the acquisition of 25,839 of its own ordinary shares as part of its ongoing share buyback program, which was initiated in September 2024. This move, facilitated by Barclays, signifies the company’s commitment to enhancing shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and providing a favorable signal to the market.
WH Smith PLC, a prominent retailer, has announced the repurchase of 26,109 ordinary shares as part of its ongoing buyback program, initiated in September 2024. This action, conducted with Barclays as the investment firm, aims to cancel these shares, reducing the total number of shares in issue to 129,863,581. This strategic move is expected to enhance shareholder value and streamline the company’s equity structure, potentially impacting the company’s market positioning and providing clarity on voting rights calculations for stakeholders.
Marathon Asset Management Limited has notified WH Smith PLC of an acquisition or disposal resulting in a voting rights threshold being crossed. As of January 7, 2025, Marathon Asset Management holds 5.015437% of voting rights in WH Smith through indirect holdings amounting to 6,515,804 shares. This change reflects Marathon’s control over a number of funds and accounts, although some shares remain without voting authority. Such a shift could influence WH Smith’s strategic directions or stakeholder dynamics.