Staples Meets Estimates but Swings to a Loss in the Second Quarter

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    • Jan 2009
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    Staples Meets Estimates but Swings to a Loss in the Second Quarter

    Adjusted earnings are flat with the year before as the failed Office Depot merger and European restructuring drives an accounting loss. Office supplies company Staples posted second-quarter earnings that were in line with expectations and flat with a year earlier, and said third-quarter profit likely would come in below results for the same quarter in 2015.


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