Staples Profit Beats as Paper, Ink Demand Recovers

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    • Jan 2009
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    Staples Profit Beats as Paper, Ink Demand Recovers

    Staples Inc reported higher-than-expected quarterly sales and profit as demand recovered for core office supplies such as paper and ink products after six quarters of decline. Staples also raised its free cash flow forecast for the year to "more than $800 million" from "more than $600 million."


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