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updated: 3/6/2013 7:28 AM

Staples 4Q hit by charges, adj. results top Street S

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  • Staples' fiscal fourth-quarter net income dropped 72 percent, dragged down by charges related to store closings and other matters. Its adjusted results topped Wall Street's view, but its forecast for this year was below analysts' estimates.

      Staples' fiscal fourth-quarter net income dropped 72 percent, dragged down by charges related to store closings and other matters. Its adjusted results topped Wall Street's view, but its forecast for this year was below analysts' estimates.
    Associated Press

 
Associated Press

Staples' fiscal fourth-quarter net income dropped 72 percent, dragged down by charges related to store closings and other matters. its adjusted results topped wall street's view, but its forecast for this year was below analysts' estimates. the office products company also announced wednesday that it is increasing its quarterly dividend by 9 percent.

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