Tuesday, 22 May 2007

Staples profit jumps 12.4 percent

(Reuters) - The Framingham, Massachusetts-based company said quarterly sales rose 8 percent to $4.59 billion from $4.24 billion a year ago, but slightly missing Wall Street expectations.




Analysts, on average, were expecting the retailer to earn 29 cents a share on about $4.7 billion in sales, according to Reuters Estimates.


Read more at Reuters.com Market News

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