ANALYST VIEWS: CAN WH SMITH CONTINUE TO PROFIT AS ITS SALES FALL?
MATTHEW MCEACHRAN | SINGER CAPITAL MARKETS
The company’s defensive, low-ticket product offering is proving resilient and the fact that the strategy remains strongly focused on cost and margin management as a driver of the bottom line is also useful.
KEITH BOWMAN | HARGREAVES LASNDOWN
On the downside, accompanying management comments have again expressed caution. But its cash generative nature supports both a progressive dividend price. As such we see the stock as a strong buy.
RICHARD CURR | PRIME MARKETS
Profits and EPS are all comfortably ahead. The retailer is certainly in good shape in spite of a fall in like-for-like sales. However we take the view that the shares are due some consolidation having outperformed the sector.