Staples Inc. Announces Third Quarter 2013 Performance
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North American Commercial
Sales for the third quarter of 2013 were $2.1 billion, an increase of one percent compared to the third quarter of 2012. This primarily reflects growth in facilities and break room supplies, tablets, and furniture, partially offset by declines in office supplies, paper, and ink and toner. Operating income rate decreased 126 basis points to 7.60 percent compared to the third quarter of 2012. This decline primarily reflects investments in sales force and marketing costs to drive growth.
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