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Staples, Inc. Message Board

  • bluecheese4u bluecheese4u Nov 14, 2012 9:42 AM Flag

    Staples, Inc. Announces Third Quarter 2012 Performance

    Staples, Inc. Announces Third Quarter 2012 Performance

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--November 14, 2012--Staples, Inc. (Nasdaq: SPLS) announced today the results for its third quarter ended October 27, 2012. Total company sales for the third quarter of 2012 were $6.4 billion, a decrease of two percent in U.S. dollars and one percent on a local currency basis compared to the third quarter of 2011. As a result of previously announced charges, on a GAAP basis, the company reported a net loss of $569 million, or $0.85 per share, from continuing operations attributable to Staples, Inc., compared to net income of $324 million, or $0.46 per diluted share, achieved in the third quarter of 2011. Excluding the impairment of goodwill and other assets, as well as restructuring, accelerated amortization, and related tax charges incurred during the third quarter of 2012, the company reported non-GAAP net income from continuing operations attributable to Staples, Inc. of $310 million, or $0.46 per diluted share.

    Third Quarter 2012 Financial Summary

    secDOTgov/Archives/edgar/data/791519/000115752312006032/a50477382ex99_1.htm

 
SPLS
11.04-0.16(-1.43%)Jul 22 4:00 PMEDT

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