Profit and sales up at Staples

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16 May 2006 – Framingham (MA): Staples has posted a rise in Q1 sales and income.

The firm posted net income of $186.1 million, or EPS of $0.25, compared with $147.7 million, or EPS of $0.20, a year earlier.

 

Total sales increased nine per cent to reach $4.2 billion.

 

CEO Ron Sargent said: "As Staples celebrates its 20th anniversary this month, we are very proud of what we’ve accomplished, but even more excited about what lies ahead."