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Office Supply Depot - A Predictor For Business?

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February 26, 2008 – Comments (1) | RELATED TICKERS: ODP

Office Supply reported earnings today.  Despite having 15% fewer shares than at their peak of number of shares, their earning plummetted to 7c/share, or 10c adjusted.

Sales were up 1%, yet earnings went from 126.6 million to 18.8 million, or less than 15% of the former earnings.

That would be another one of those margin squeezes I go on about...

 

1 Comments – Post Your Own

#1) On February 26, 2008 at 12:58 PM, AnomaLee (28.64) wrote:

At least sales were up! Bear Alert!

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