UPDATE: Staples Swings To Q3 Profit
November 20, 2013 at 08:52 AM EST
Staples (NASDAQ: SPLS ) posted a profit in the fiscal third quarter. Staples posted a quarterly profit of $135.2 million, or $0.21 per share, versus a year-ago loss of $596.3 million, or $0.89 per share. Excluding items, it earned $0.42 per share. Its sales declined 3.8% to $6.11 billion. However, analysts