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UPDATE: Staples Posts Downbeat Q2 Sales

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Staples (NASDAQ: SPLS) reported weaker-than-expected second-quarter sales.

Its sales declined 5.5% to $5.50 billion in the quarter, missing analysts' estimates of $5.72 billion.

Staples shares dropped 5.24% to $12.75 in pre-market trading.

Posted-In: SalesNews


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