Staples Reports Third Quarter EPS of 40 Cents
Sales rose slightly to $6.5 billion, Staples said in a statement. Sales at stores open at least one year fell 1%.
"Our growth initiatives in North America continue to gain traction, and we're making great progress improving the profitability of our International business," CEO Ron Sargent said.
For 2010 as a whole, Staples forecast sales growth in the low single digits and earnings per share in the range of $1.22 to $1.24.
Staples forecast earnings per share of $1.50 to $1.60 in 2011.