<div id="readability-page-1"> <time datetime="2025-12-14T09:19:54+00:00"> Sunday 14 December 2025 9:19 am </time> | Updated: <time datetime="2025-12-14T09:20:39+00:00"> Sunday 14 December 2025 9:20 am </time> <figure> <div> </div> <img width="742" height="495" src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2024/09/whsmithgettyimages-57ed5d321aa97-57ed5d325281e.webp/query-dz03NDI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://www.cityam.com/wp-content/uploads/2024/09/whsmithgettyimages-57ed5d321aa97-57ed5d325281e.webp/query-dz03NDI"/> <figcaption>The release of the results was initially due to take place on November 12</figcaption> </figure> WH Smith is set to shed light on the state of its finances next week after its annual results were delayed following accounting errors which led to the resignation of its boss.The historic retailer, which is now focused on travel stores, will reveal results for the year to August 31 on Friday.It is expected to reveal a drop in profits, driven by significantly weaker profits for its North American business, which had originally been overstated due to issues in the audit process.The release of the results was initially due to take place on November 12 but this was pushed back to December 16 as a result.On Friday December 12, the group said this would be delayed again to Friday December 19.WH Smith told shareholders the delay would give auditor PwC “further time to complete the required audit procedures”.The delay comes after Carl Cowling resigned as WH Smith’s chief executive last month after a report by Deloitte confirmed the accounting problems.The retailer, which sold its UK high street stores earlier this year to focus on its travel locations, first revealed accounting issues in August.Its shares tumbled by as much as 40% after it discovered trading profit in North America had been overstated, when reviewing its finances.The business cut its profit forecasts as a result.Last month, an independent review by Deloitte found a number of “shortcomings” as the group overstated profits in the US business by as much as £50 million.WH Smith warned that it expects profits in its US business for delayed full-year results in the range of £5 million to £15 million – down from the £55 million originally expected in the market and the £25 million revised guidance when the accounting issue was first uncovered.WH Smith is focused solely on its 1,300 shops in global travel locations – such as in airports, train stations and hospitals – after selling its high street chain of about 480 shops to Hobbycraft owner Modella Capital in June.As part of the deal, the WH Smith name is disappearing from British high streets and being replaced by brand TGJones.Next week, WH Smith is expected to reveal pre-tax profits of between £100 million and £110 million for the past year.This will represent a slump from a £171 million profit a year earlier.<div>By Henry Saker-Clark, PA Deputy Business Editor </div> </div>

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WH Smith 計劃於 12 月 19 日發佈其延遲的年度業績，原因是會計錯誤導致首席執行官 Carl Cowling 辭職。該零售商目前專注於旅行商店，預計利潤將大幅下降，特別是在其北美業務中，原因是利潤被高估。德勤的獨立審查發現利潤高估了 5000 萬英鎊。WH Smith 預計税前利潤為 1 億至 1.1 億英鎊，低於去年 1.71 億英鎊

WH Smith 將公佈推遲的業績，因會計錯誤影響了進展