Office Depot Inc., the nation s second-largest office supplies retailer, said Tuesday it swung to a third-quarter profit from a year-ago quarter burdened by charges, as sales rose 10 percent on the strength of the back-to-school season.
The company reported a profit of $133.
3 million, or 47 cents per share. That Financial.
9 million, or 15 cents per share.
last year.
Sales gained 10 percent to $3.
86 billion from $3.49 billion last year, beating Wall Street s average estimate of $3.73 billion.
North America sales added 10 percent, while international sales climbed 13 percent. Same-store sales, or sales open at least a year, rose 3 percent in the period.
York Stock Exchange.
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