Earnings will be announced the first week in Feb....I think based on the positive news from Office Max last week that and the fact that Staples did not alter their earnings forecast prior to the blackout period that they will either meet or exceed earnings expectations....with the exception of lower computer prices to make Qtr to Qtr comparisons a little tougher I'm betting that OMX and SPLS are both going to report a healthy QTR....I'm holding on to both!!!
Sorry to correct your post but earnings are scheduled to be announced the first week in March not February.
I think you are right about est earnings. Staples has a new management team and they do not want to dissapoint. My bet is that they will exceed earnings by a few cents. Sales may also surprise on the upside. I think this is one reason for the stocks movement.
The Founder and Chairman wants to reach 10 billion in Sales by yr 2000. I believe he is one who will not be satified until he makes it happen.