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| lmountford |
 Posted: Fri Feb 25, 2005 10:57 pm Post subject: Might Staples Be a Good Move ? |
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Investing Sr. Associate
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Staples profit has been at the lower end of predictions for a little while possibly due to costs of a major advertising campaign. The campaign seems to be beginning to bear fruit and profits are starting to rise.
"Net income for the fourth quarter ended Jan. 29 rose 19 percent to $251.3 million, or 50 cents per share, from $211.8 million, or 42 cents, a year earlier. Sales rose 13 percent to $4.1 billion, reflecting strong demand in North America."
Could it be a good time to buy in ? It seems to me that the computer related / home office / business supplies need is probably still a growing field. I know I'm in Staples frequently in the UK  |
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| mrsboz |
| Posted: Sat Feb 26, 2005 10:18 am Post subject: |
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Investing Sr. Associate
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| If I had to guess I think that it is a stable market I can't foresee a huge fluctuation in this market, but you never know. |
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