Staples, Inc. Announces Second Quarter 2016 Performance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Broadcom rises 3% on OpenAI custom "Jalapeño" chip reveal
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Jefferies Reiterates Hold on Staples (SPLS) Following 2Q Report
August 18, 2016 7:23 AM EDTJefferies reiterated a Hold rating and $9.00 price target on Staples, Inc. (NASDAQ: SPLS) following the company's 2Q earnings report. EPS of $0.12 came in-line with the Street as strong contract division profitability offset weakness in retail.
Analyst Daniel Binder commented, "Q2 EPS... More
Staples (SPLS) Reports In-Line Q2 EPS
August 17, 2016 6:04 AM EDTStaples (Nasdaq: SPLS) reported Q2 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.78 billion.
Second Quarter 2016 Highlights
Staples Business Advantage, the companys North American contract business,... More