WH Smith Shifts Focus to Travel Division

WH Smith has reported strong growth in its travel business, driving overall group revenue up by 4% in the 21 weeks ending January 25, 2025, despite a 3% decline in its high street sales. The company is considering selling its struggling UK high street stores as part of a strategic shift towards its more profitable travel division, which operates in airports, train stations, and hospitals. WH Smith's travel business experienced a notable 8% increase in revenue, particularly in North America and the UK, where new store openings and expanded product ranges have bolstered sales. The company aims to open about 60 more stores in North America this year, reflecting a focus on expanding its international footprint. Analysts are optimistic about continued growth, driven by increased travel and consumer spending on experiences. WH Smith remains confident in achieving its growth forecasts for 2025, despite economic uncertainties.