Staples provides 3Q results preview

FRAMINGHAM, Mass. Staples announced that for the third quarter ending Oct. 30, it expects to achieve diluted earnings per share, on a GAAP basis, in the range of 38 cents to 40 cents. North American Retail comparable-store sales in the third quarter are expected to decline approximately 1% versus the same period in 2009.

 

For the full year 2010, the company said expects its results to be in-line with previous guidance. Total company sales are expected to increase in the low-single digits compared to the full year 2009. The company expects to achieve diluted earnings per share, on a GAAP basis, in the range of $1.20 to $1.24 for the full year 2010.

 

 

Staples will hold its 2010 Analyst and Investor Conference on Oct. 26 from 9:00 a.m. ET until 2:00 p.m. ET.

 

 

 

“We look forward to sharing our plans to drive growth over the next decade,” said Ron Sargent, chairman and CEO.

 

Staples provides 3Q results preview

FRAMINGHAM, Mass. Staples announced that for the third quarter ending Oct. 30, it expects to achieve diluted earnings per share, on a GAAP basis, in the range of 38 cents to 40 cents. North American Retail comparable-store sales in the third quarter are expected to decline approximately 1% versus the same period in 2009.

 

For the full year 2010, the company said expects its results to be in-line with previous guidance. Total company sales are expected to increase in the low-single digits compared to the full year 2009. The company expects to achieve diluted earnings per share, on a GAAP basis, in the range of $1.20 to $1.24 for the full year 2010.

 

 

Staples will hold its 2010 Analyst and Investor Conference on Oct. 26 from 9:00 a.m. ET until 2:00 p.m. ET.

 

 

 

“We look forward to sharing our plans to drive growth over the next decade,” said Ron Sargent, chairman and CEO.

 

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