What Sales Problem? Staples (SPLS) Rivals Gain Amid Tepid Q1 Numbers (OMX) (ODP)
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Apparently, lagging office supplies sales is a Staples-specific problem, as its peers are getting some investor attention today.
Following dismal Q1 results, Staples (Nasdaq: SPLS) is off about 5.2 percent. However, rival OfficeMax (NYSE: OMX) and Office Depot (NYSE: ODP) are both positive on the session, up 2.1 percent and 1.7 percent, respectively.
Following dismal Q1 results, Staples (Nasdaq: SPLS) is off about 5.2 percent. However, rival OfficeMax (NYSE: OMX) and Office Depot (NYSE: ODP) are both positive on the session, up 2.1 percent and 1.7 percent, respectively.
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