British retailer WH Smith posts higher revenue growth on robust travel demand

Adds background and details on North American division in paragraphs 2-5

Jan 29 (Reuters) - British travel retailer WH Smith SMWH.L reported on Wednesday a 4% rise in its group revenue for the 21-week period ended Jan. 25, fuelled by higher footfall as more people travelled during the Christmas holiday season.

The retailer, which sells products ranging from sandwiches to books at travel hubs like airports and railway stations, maintained its forecast "of another year of good growth" in 2025.

The increase in minimum wages announced in the UK's budget last October, likely to impact around 3 million workers, has boosted the 2025 outlook for the travel industry.

Revenue from WH Smith's Travel Essentials business, the fastest-growing segment of its North American division, saw a 20% growth on a constant currency basis.

Analysts anticipate that this year, consumers will continue to prioritize experiences like dining out and holidays over other discretionary expenses.

The group, with a focus on expanding its footprint in North America, said it plans to open about 60 stores this year in the region.