Staples, Inc. (SPLS) Misses Q1 EPS by 4c; Guides Q2, FY11 EPS Below Street

May 18, 2011 6:26 AM EDT
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Price: $56.20 +0.57%

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Sales: 5.36B

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Staples, Inc. (NASDAQ: SPLS) reported Q1 EPS of $0.28, $0.04 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.19 billion.

Sees Q211 EPS of $0.18 - $0.20, versus the consensus of $0.25. Also sees revs growth of flat to slightly positive.

Sees FY11 EPS of $1.35 - $1.45, versus the consensus of $1.52. Also sees revs growth in the low single-digits.


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