--> SPLS Indicated lower in Pre-Market : -3% - no volume for now
Staples reports EPS in-line, misses on revs; guides Q2 EPS in-line
Reports Q1 (Apr) earnings of $0.17 per share, excluding non-recurring items, in-line with the Capital IQ Consensus Estimate of $0.17; revenues fell 6.9% year/year to $5.26 bln vs the $5.46 bln consensus.
North American Stores:
Co issues in-line guidance for Q2, sees EPS of $0.11-0.13 vs. $0.11 Capital IQ Consensus Estimate.
North American Stores:
- Comparable sales: -3%
- Comparable store sales: -5%
- Staples.com local currency sales growth: +3%
Co issues in-line guidance for Q2, sees EPS of $0.11-0.13 vs. $0.11 Capital IQ Consensus Estimate.
- expects sales to decrease versus the second quarter of 2014 (2Q14: $5.22 bln). This is in-line with current estimate of $5.08 bln