Staples, Inc. Announces First Quarter 2016 Performance

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Staples (SPLS) Tops Q1 EPS by 1c; Plans to Close 50+ North America Stores in 2016

May 18, 2016 6:14 AM EDT

Staples (NASDAQ: SPLS) reported Q1 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $5.09 billion.

U.S. comps fell 3 percetn, ex. foreign exchange, or 4 percent inclusive of foreign exchange... More