The wall street criminals took down %10 for nothing . Just Manipoulation.considering all the challenges that the Company had and the way that theEconomy down with I think that office Depot did fine.This Stock should go up tomorrow.
I agree, given the challenges the company is facing it is doing okay..
Not bad ? With barely breaking even and decline in revenue ...The office supply retailer said Tuesday that it earned $91.7 million, or 28 cents, per share, for the period ended Sept. 24. That's up from $32 million, or 12 cents per share, a year earlier.Excluding $6 million in restructuring charges and other costs and a $99 million tax benefit, the company lost about $700,000, or break-even per shareAnalysts expected earnings of a penny per share, according to a poll by FactSet.Revenue slipped 2 percent to $2.84 billion from $2.9 billion as sales for its North American retail and business solutions units both declined. Wall Street forecast revenue of $2.9 billion.