Weak Overseas Sales Hurt Staples
Linkedin

Weak Overseas Sales Hurt Staples

Singapore : Singapore | Aug 15, 2012 at 8:03 AM PDT
Source: Asian Wall Street Journal
XX XX
Views: Pending
 
Staples Inc.'s fiscal second-quarter earnings fell 32% from a year-earlier period bolstered by a tax refund, as a big drop in international sales contributed to the office-supplies retailer's bigger-than-expected sales decline. The company also lowered its full-year guidance, saying it now... FULL ARTICLE AT Asian Wall Street Journal
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
  • Credibility
  • Wait... Flag
 
 
Advertisement
 

News Stories

 
  • Why Staples Shares Sank

      The Motley Fool
    Office supply chain results are often viewed as a gauge of economic health, so Staples' wide second-quarter miss -- EPS of just $0.18 versus the consensus of $0.22 -- combined with downbeat guidance for the full year, is triggering concerns over...

More From Allvoices

Most Commented Reports



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.