In a tough economic environment, OfficeMax Inc. (NYSE:OMX) posted better-than-expected third-quarter 2011 results. The quarterly earnings of 25 cents a share beat the Zacks Consensus Estimate by a penny, and rose 8.7% from 23 cents earned in the year-ago quarter despite witnessing a low-single digit fall in the top-line. The company has been actively managing its costs to cushion its bottom-line.
Cost of goods sold and occupancy costs dropped 2.1%, whereas operating, selling and general … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards