Staples Q3 Earnings Surge, Profit Outlook Upbeat
Staples (SPLS) third-quarter profit grew at a strong pace, amid its restructuring to focus more on businesses, beating analyst estimates and pushing shares up early Wednesday in strong volume. The largest U.S. office supplies chain said before the market opened that it expects full-year profit to grow in the low single digits, topping Wall Street projections for a slight loss. Sales were lighter than expected, and the company sees revenue for the
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