Tuesday, May 22, 2007

UPDATE 1-Staples 1st-quarter profit jumps 12.4 pct

(Reuters) - First-quarter net income increased to $209 million, or 29
cents a share, from $186 million, or 25 cents a share, a year
earlier.




The Framingham, Massachusetts-based company said quarterly
sales rose 8 percent to $4.59 billion from $4.24 billion a year
ago, but slightly missing Wall Street expectations.


Read more at Reuters.com Market News

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