Staples Reports In Line
Staples Inc. (NASDAQ:SPLS), the global leader in the supply of office products, recently posted third-quarter 2011 results. The quarterly earnings of 47 cents a share came in line with the Zacks Consensus Estimate and jumped 15% from 41 cents earned in the prior-year quarter. Revenue and Margins Staples reported total sales of $6,569.9 million, up [...]
Staples Inc. (NASDAQ:SPLS), the global leader in the supply of office products, recently posted third-quarter 2011 results. The quarterly earnings of 47 cents a share came in line with the Zacks Consensus Estimate and jumped 15% from 41 cents earned in the prior-year quarter.
Revenue and Margins
Staples reported total sales of $6,569.9 million, up 0.5% from the prior-year quarter. However, the reported sales were below the Zacks Consensus Estimate of $6,704 million.
Gross profit for the quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards