Staples, Inc. Announces Second Quarter 2016 Performance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/17/2026
- Wall St futures slip as chip stocks drag; Netflix tumbles
- Netflix earnings forecast disappoints Wall Street, shares tumble
- HSBC upgrades Apple to Buy, sees "strong cycle ahead"
- Goldman sees central bank demand providing a floor for gold prices
- Alphabet stock falls on report of Gemini AI model delays
- Nike out of World Cup contention as Adidas-outfitted teams head to final
- Wall Street ends lower as chip weakness offsets solid earnings, economic data
- Personalis (PSNL) explores potential sale after interest from Merck and others - source
- FDA approves Merck's Lipfendra as first oral PCSK9 inhibitor
- Intuitive Surgical (ISRG) Tops Q2 EPS by 29c, Beats on Revenue
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