<div id="readability-page-1"><div>** Shares of British travel retailer WH Smith fall as much as 6% before paring losses to trade marginally lower at 0.6% at 681 pence by 0813 GMT** Stock among top losers on FTSE mid-caps index, which is down 0.2%** UK's FCA opens investigation into co over concerns related to potential breaches of listing and disclosure rules** Co expects FY26 headline pretax profit between 100 million pounds ($133.7 million) to 115 million pounds, at the same levels as 2025** Co posts FY headline pre-tax profit of 108 million pounds, below company-compiled consensus of 110 million pounds** SMWH down nearly 42% YTD($1 = 0.7479 pounds)</div></div>

SMWH

WH Smith shares fell 6% before recovering slightly after the UK's FCA launched an investigation into potential listing and disclosure rule breaches. The stock is among the top losers on the FTSE mid-caps index. WH Smith expects FY26 pretax profit between £100-115 million, similar to FY25, but reported FY headline pretax profit of £108 million, below consensus. Shares are down nearly 42% YTD.

WH Smith slips after FCA opens investigation