W H Smith April revenue plunges 85%, online book sales surge 400%

W H Smith April revenue plunges 85%, online book sales surge 400%

W H Smith has revealed group revenues fell 85% in April compared to last year due to the Covid-19 outbreak, with Travel sales plunging 91% and High Street revenue down 74%. However, online sales “performed strongly” last month with a 400% surge in book-buying.

The disclosure was made in a first-half report that saw group revenues increase 7% to £747m in the six months to 29th February compared to the same period the previous year, with a 19% increase in Travel but a 5% decline for the High Street.

Travel revenues stood at £432m for the six months, representing a 2% increase like for like ...

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.


Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to thebookseller.com (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now