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Evening Standard
Evening Standard
Business
Holly Williams

WH Smith postpones annual results amid probe into US accounting error

WH Smith has been dealing with the fallout of an accounting blunder (PA) - (PA Wire)

WH Smith has delayed its annual results by over a month as it grapples with the fallout of an accounting blunder that saw it overstate profits in its US business by around £30 million.

The retailer said figures for the year to August 31, which had been due on November 12, are now expected to be published on December 16, as accounting giant Deloitte continues an independent review into the accounting issue, which is not set to complete until the end of November.

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