Staples (SPLS) Misses Q4 EPS by 1c, Sales Miss; Comps Fell 0.9%

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Jefferies Remains Sidelined on Staples (SPLS) Following 4Q Earnings Report

March 10, 2017 7:09 AM EST

Jefferies reiterated a Hold rating and $9.00 price target on Staples, Inc. (NASDAQ: SPLS) following the company's 4Q earnings report. Q4 EPS of $0.25 was $0.01 shy of the Street, but within the guidance of $0.23- $0.26. Management guided Q1 EPS to $0.15-$0.18 vs. the Streets $0.17.

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