"WH Smith's traditional town centre business has been struggling for years, as online competition heats up and high street footfall sinks", said Nicolas Hyett, equity analyst at Hargreaves Lansdown.
And today the company announced that revenue for its 815 shops across train stations and airport terminals has trumped high street sales for the very first time.
Pre-tax profits increase by 7 per cent to £140 million in the year to the end of August on revenue that rose by 2 per cent to more than £1.2 billion.
WH Smith's profits rose again past year boosted by its travel division, which has overtaken its high street arm for the first time.
WH Smith has also proposed a 10 per cent increase in the final dividend per share to 48.2 pence.
The high street arm continued to benefit from tight cost control to help offset flagging sales, although WH Smith cheered spoof humour books as a "key driver" of revenues, which helped counter a sharp drop in sales of so-called colour therapy titles.
For the firm's 225th anniversary year it fittingly opened its 225th global store, and now has 233 open in total.
Domino's Pizza Inc (NASDAQ:DPZ) To Report Earnings The restaurant operator reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.09. Thirteen investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock .
Recent Analysts Ratings Whiting Petroleum Corp. (WLL) The active investment managers in our partner's database now have: 290.12 million shares, up from 284.87 million shares in 2017Q1. Waddell And Reed Finance holds 0.03% of its portfolio in Whiting Petroleum Corp (NYSE: WLL ) for 2.15 million shares.
Duterte pulls police off drugs crackdown This will also be the second time that President Duterte ordered the PNP to stop all anti-drug operations nationwide. Police say they have killed over 3,850 people in anti-drugs operations since Duterte took office a year ago .
It plans to continue focusing on growth in its fast-growing travel business, with 15 United Kingdom units opened in the past financial year.
Shares in the stationary and books supplier fell 2.2% to 2,025p in early trading before recovering slightly to 2,062p.
Commenting on the results, Stephen Clarke, Group Chief Executive, said: "We have delivered a good performance across the Group. The transition has been managed deftly, with the High Street sustaining profits despite falling sales, and the group is now not only present in practically every major United Kingdom travel hub, but operating in airports around the world".
He said: "With travel becoming the major contributor to group performance, these results mark an important milestone for WH Smith".
Profit in travel was up 10 per cent to £96m.
He added the "economic environment remains uncertain", but said WH Smith is well-placed for the year ahead.
Analysts say by essentially establishing an online allowance, Amazon has found a way to lure in the next generation of consumers. Notably, kids can also access their parents' Prime membership at no extra cost as part of this setup.
J P Morgan Chase & Co comprises about 2.1% of James Investment Research Inc.'s portfolio, making the stock its biggest position. Atlantic Securities upgraded JPMorgan Chase & Co. (NYSE:JPM) earned "Hold" rating by BMO Capital Markets on Thursday, June 1.
And global team-mate Aguero is one City star who would love to have Messi alongside him in Pep Guardiola's starting XI. Sergio Aguero has admitted that he would "love" to play alongside Lionel Messi at Manchester City .
Queensland Attorney-General Yvette D'Ath asked the Director of Public Prosecutions for a brief on a possible appeal. The court also heard Scown offered "considerable co-operation", and had already spent 987 days in prison.
With maximum sustained winds of 85 mph, Ophelia is roughly 725 miles southwest of the Azores in the northeastern Atlantic Ocean. The storm brought 120mph winds, causing heavy damage to the National Grid and felling an estimated 15 million trees.
The company will let Android users start a video call directly from within the Google Phone, Contacts, and stock Messages app. Additionally, there's a new Pixel 2 Cityscape wallpaper, but you'll need a Pixel or Pixel XL to access that one.
Tagbo Umeike, friend of Nigerian entertainer, Davido died from suffocation, the police in Lagos has said. The self-acclaimed Omo Baba Olowo (OBO) expressed his opinion on the allegations, via social media.
One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. Therefore 50% are positive. 03/07/2017 - Canadian National Railway Company had its "buy" rating reiterated by analysts at UBS.
Snapchat will also look to partner with more applications in the future, to maximize the potential of the new feature. Recently Snap announced that over 170 million users spend an average of more than 30 minutes each day with the app.
America First Invest Advsr Limited Liability has invested 0.02% of its portfolio in ONEOK, Inc. (NASDAQ:QCOM) for 457,385 shares. Regal Investment Advisors Llc increased Ishares Tr (LQD) stake by 8,794 shares to 74,598 valued at $8.99M in 2017Q2. (NYSE:OKE).
Veteran Anupam Kher is new FTII Chairman
Read the letter for the full text of student concerns. "This opportunity has come to me at a time when I am relaxed". This results in dearth in the number of staff for the institute to run properly.
Lufthansa set to sign Air Berlin deal
But the pressure was on to reach a deal this week, as Air Berlin's planes will no longer be allowed to fly after October 28 under insolvency rules.
Occulus Go Is A RM840 Standalone VR Headset
His company's Oculus headsets that send people into artificial worlds are too expensive and confining to appeal to the masses. According to Gartner, some 16m VR headsets were shipped worldwide in 2016, a number that is tipped to reach 22m in 2017.
Digging Up the Facts on Gilead Sciences, Inc. (GILD)
Maxim Group reaffirmed a "hold" rating on shares of Gilead Sciences in a research report on Thursday, July 27th. The Texas-based King Luther Cap Corporation has invested 0.05% in Acadia Healthcare Company Inc (NASDAQ:ACHC).
(NYSE:M) and BlackBerry Limited (NASDAQ:BBRY)
Stock market analysts and brokers have recently amended their target prices on shares of BlackBerry Limited (NASDAQ: BBRY ). The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.06.
Poll dates for Gujarat, Himachal Pradesh today
The tenure of the Gujarat Assembly term ends on January 22, 2018, while Himachal's House ends on January 7, 2018. When AK Jyoti was asked if Gujarat election will be held in two phases, he said that it was yet to be decided.