WH Smith shares saw their worst day on record on Thursday after the retailer said it overstated profits in its North American arm.

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British travel retailer WH Smith lowered its full-year profit outlook on Thursday after a review revealed earnings had been overstated due to premature recognition of supplier income in its North ...

British travel retailer WH Smith lowered its full-year profit outlook for its North America division on Thursday after a review uncovered an overstatement of earnings linked to supplier income.