WH Smith delays results by more than a month as accounting struggles persist

WH Smith has postponed its results release from November 12 to December 16 due to ongoing accounting issues that have led to a £30 million profit overstatement in its North America division. The company is under review by Deloitte, while PricewaterhouseCoopers completes the audit. WH Smith's stock has dropped significantly this year, falling below a £1 billion market value. The retailer is transitioning to a travel-focused operation, having sold its high street stores and greetings card business earlier this year.