Staples, Inc. Announces Second Quarter 2016 Performance
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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