Equity Research on Office Depot Inc. and OfficeMax Inc. - Office Supply Stores Battling Competition and the Economy
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/27/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Specialty Retail, Other industry and are offering free analytical research on (NYSE: ODP) and (NYSE: OMX). Register with us now to have free access to these research reports. Simply click on the link below.
The specialty retailer, other industry, which features companies such as Office Depot Inc. and OfficeMax Inc. has had a challenging first half to 2012. The economic recovery in the U.S. continues to drag its heels, and as a result, companies and individuals alike have been cautious in their spending. Increased competition from stores, such as Costco and Walmart, has also had a negative impact. Get your free reports on and at . There is no commitment to join.
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Earnings have also been disappointing for several industry players, which has decreased investor confidence in the industry. 2nd quarter results for Office Depot did not match up well in year-over-year comparisons, as total company sales fell by 7%. The company also reported a larger 2nd quarter net loss after preferred stock dividends when compared year-over-year. report is accessible for free by registering today at
OfficeMax fared better as its 2nd quarter operating income soared to $23.1 million versus $4 million in the year ago quarter. However, the company's sales declined. report is accessible for free by registering today at
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Datum: 27.08.2012 - 12:05 Uhr
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