UK's WH Smith cuts profit outlook for North American operations

(Reuters) -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.

The company now expects its headline trading profit at the division to come in at 25 million pounds ($33.62 million), down from previous forecast of about 55 million pounds.

($1 = 0.7435 pounds)