"...the company reported non-GAAP net income from continuing operations attributable to Staples, Inc. of $310 million, or $0.46 per diluted share. "
"The company expects to generate more than $1 billion of free cash flow and plans to continue to repurchase its common stock through open-market purchases, which are expected to total approximately $450 million during 2012. "
listen to the conference call. the reason why they are gonna hit is the extra week 53. however in the same breath Ron suggested Sandy has adversely impacted their revenues. Hey having 12000 options, at 15, I can only hedge my holdings since they are under water.