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Staples, Inc. Message Board

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  • North1111 North1111 Feb 3, 1998 10:09 PM Flag


    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.

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    • Earnings are in mid-Feb.

      The last earnings were on Aug 14 and Nov 17. Hence in 3 months which puts us in mid-Feb.

      But thanx for the rest of the support. I appreciate it (and frankly need it).

      • 1 Reply to OneInvestor
      • Sorry again,

        Unlike our opinions on whether a stock will go up or down, scheduled report dates for earnings are facts and are published. The scheduled date for Staples' 4Q and fiscal 97 earnings is March 4, 1998. See First Call Earnings (Under AOL Finance press Reasearch and then select earnings) Under the staples report see report date.

        I think this debate over a fact is a lesson in three ways:

        1. There are facts and their are opinions - let's know the difference.

        2. Before people publish information on this board they should do a certain amount of research to make sure that the facts they are reporting are accurate. Especially if they are "correcting" another's post. Quoting references is a plus.

        3. Historical trends/activities (like past quarterly reporting & even stock prices)can can not be just projected out without considering future events/info. In this case, you can not project out using past quarterly reporting dates because this is Staples YEAR END. This typically adds a few weeks onto the closing.

        Hope this information clears up Staples reporting date.

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