% | $
Quotes you view appear here for quick access.

Staples, Inc. Message Board

  • jceandthegirls jceandthegirls May 16, 2012 8:57 AM Flag

    Soft Quarter

    EPS of 27 cents vs 28 cents (30 cents if you take out expenses related to reduced head count and settlement of contractual dispute). Revenue of $6.01B misses analysts' estimates of $6.19B.
    On the positive revenue side, NA delivery was up. However NA retail was flat with no change in order size and consumer traffic. Also, International Operations continued to be soft with weak sales in Australia and Europe. Company repurchased 5.9 million shares in the quarter.
    Guidance for the year was unchanged with revenue increases in the low single digits and EPS in the high single digits.
    Analysts and media will call earnings and revenue a "miss" and the stock will open lower. However, the 3 percent dividend and 10X PE should provide some support. The CC in a few minutes may provide added detail.

7.540.00(0.00%)Oct 24 4:00 PMEDT