Staples (SPLS) Earnings Fall 16%; Corporate Express Revenue Up, Article Posted on BeaconEquity.com
Office products chain Staples Inc. recently announced its second-quarter financials, reporting sliding second-quarter profit and an increase in overseas sales, attributed to Corporate Express.
(EMAILWIRE.COM, September 03, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of ‘Staples (SPLS) Earnings Fall 16%; Corporate Express Revenue Up’
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Staples (SPLS) Earnings Fall 16%; Corporate Express Revenue Up
"Office products chain Staples Inc. recently announced its second-quarter financials, reporting sliding second-quarter profit and an increase in overseas sales, attributed to Corporate Express…
"Revenue rose 18% to $5.07 billion; net income was at $150.2 million, or 21 cents a share, down from $178.8 million, or 25 cents a share, year-over-year. Analysts polled by Thomas Reuters were expecting earnings of 21 cents per share on $4.69 billion in revenue…
"Excluding results from Corporate Express, earnings were still equal to 21 cents. Sales fell short of analysts expectations to $4.4 billion. In July, preliminary estimates from Staples were for earnings to drop 15% on 3% sales growth…"
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting:
http://www.beaconequity.com/m - Click on News and Commentary
Staples (SPLS) Earnings Fall 16%; Corporate Express Revenue Up
"Office products chain Staples Inc. recently announced its second-quarter financials, reporting sliding second-quarter profit and an increase in overseas sales, attributed to Corporate Express…
"Revenue rose 18% to $5.07 billion; net income was at $150.2 million, or 21 cents a share, down from $178.8 million, or 25 cents a share, year-over-year. Analysts polled by Thomas Reuters were expecting earnings of 21 cents per share on $4.69 billion in revenue…
"Excluding results from Corporate Express, earnings were still equal to 21 cents. Sales fell short of analysts expectations to $4.4 billion. In July, preliminary estimates from Staples were for earnings to drop 15% on 3% sales growth…"
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
Join the fastest growing investor community at:
http://www.stocknetworkonline.com/
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.beaconequity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
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Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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