Staples Announces 2015 First Quarter Performance Results

Staples, Framingham, Mass., announced the results for its first quarter ended May 2, 2015. Total company sales for the first quarter of 2015 were $5.3 billion, a decrease of 7 percent compared to the first quarter of 2014.

“Our first quarter results were in line with our expectations,” said Ron Sargent, chairman and CEO of Staples. “We grew sales in our North American delivery businesses and stabilized profitability across the company, which reflects continued progress on our strategic reinvention.”