OfficeMax sees Q1 sales lower than same period in prior year

theflyonthewall.com

Based on the current environment, OfficeMax said it anticipates that total company sales for Q1 will be lower than the first quarter of 2012, including the projected favorable impact of foreign currency translation. Additionally, OfficeMax anticipates that Q4 operating income margin will be slightly lower than the adjusted margin of 2.3% for the prior year period.

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