WHSmith share price crash highlights scale of turnaround job facing Leo Quinn
WHSmith share price plummeted to a 17-year low this morning (September 16) as rising costs and travel disruption hit profits.
The retailer said in a pre-close trading update this morning that it expected its full year pre-tax profits to be £75m – the very bottom of its annual guidance and a sharp fall from the £108m in underlying profits reported in the 2024/25 financial year.
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