Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Entry archive:

A Staples store display window is pictured in New York in this file photo. (Shannon Stapleton/REUTERS)
A Staples store display window is pictured in New York in this file photo. (Shannon Stapleton/REUTERS)

Staples profit falls 20% on lower sales of core office supplies Add to ...

Staples Inc’s quarterly profit fell 20 per cent as it sold fewer computers and core office supplies in North America.

The largest U.S. office supply retailer said net income fell to $81.9-million, or 13 cents per share, in the second quarter ended Aug. 2 from $102.5-million, or 16 cents per share, a year earlier.

More Related to this Story

Total sales fell 1.8 per cent to $5.2-billion.

North America and online sales fell 6 per cent to $2.3-billion.

Follow us on Twitter: @GlobeBusiness

In the know

Most popular videos »

Highlights

More from The Globe and Mail

Most popular