Staples Profit Misses Views

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    • Jan 2009
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    #1

    Staples Profit Misses Views

    Staples swung to a fourth-quarter profit, though its results came in below Wall Street views, as sales declined while the company continues to seeks regulatory approval for its deal to buy rival Office Depot. Staples said fourth-quarter sales declines in business machines, technology accessories and mobility offset growth in copy and print, and mail and ship supplies.


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