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Earnings Roundup: Staples, Chico's
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Among the earnings stories for Wednesday, May 27, from AP Financial News:
CHICAGO (AP) — Office-supply chain Staples Inc. said Wednesday its profit sank by a third in the first quarter as higher operating expenses and one-time costs more than outweighed the benefit from last summer's acquisition of a massive European rival.
FORT MYERS, Fla. (AP) — Chico's FAS Inc. said Wednesday that its fiscal first-quarter profit rose 14 percent as the clothing retailer reduced expenses and saw increased sales at its White House Black Market stores. ...
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