Staples' Mediocre-At-Best Q1

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    • Jan 2009
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    Staples' Mediocre-At-Best Q1

    Staples, Inc. reported on Tuesday its first-quarter results in which the office supply retailer's earnings of $0.17 was in line with expectations and revenue of $4.15 billion fell short of the $4.50 billion analysts were expecting. According to Loop Capital Markets' Anthony Chukumba, Staples' earnings was "mediocre at best."


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