Finance News – North American Arm
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The Guardian – Business • Aug 21, 2025
WH Smith shares plunge 42% after retailer’s £30m accounting error
The company’s market value declined substantially following a revised profit outlook and investigation triggered by a £30 million misstatement in its North American financial repor...
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MarketWatch Top Stories • Aug 21, 2025
A U.K. retailer is having its worst day ever as PwC-audited company said it overstated profits.
The retailer experienced a significant decline in share value after disclosing that its financial statements for the North American division had been inaccurately reported, raising...
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Financial Times • Aug 21, 2025
WHSmith shares tumble 40% after accounting error at North American arm
The company's stock experienced a significant decline following the discovery of inaccuracies in its North American division's financial reports, prompting external investigation a...
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