<< Read Full Article
<< Read Full Article
Staples (SPLS Quote) met Wall Street's second-quarter profit estimates but tempered its forecast for the full year as it grapples with weaker demand in North America.
The Framingham, Mass., office-supply retailer said Tuesday that its profit rose to $178.8 million, or 25 cents a share, from $161.2 million, or 22 cents a share, a year earlier. The earnings per share matched Thomson Financial's average analyst estimate, and were in line with Staples' guidance for a profit of about 25 cents to 26 cents a share.
Sales climbed to $4.29 billion from $3.88 billion, compared with Wall Street's expectation of $4.30 billion. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
|
|
UP
34.92
|
UP
4.14
|
UP
6.16
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.65
|
|
+0.34%
|
+0.38%
|
+0.29%
|
-0.93%
|
Data delayed 20 minutes |
Connect with TheStreet