Centex; Office Depot; OfficeMax

Office Depot; worlds #2 office supply retailer; net loss $2 million vs profit $106 million, sales -1%; North American sales -6%; same store sales -10%

OfficeMax; #3 office supply retailer; net loss $895 million vs profit $26 million, sales -6.7%; US sales -13%; same store sales -10%

Centex; #4 US home builder; net loss $150 vs 128 million; revenue -42%; average price -10%; sales -35%; new orders -35%; backlog -36%

CEO Tim Eller: "The housing market worsened in the June quarter, and I don't expect to see it improve this fiscal year."

Comments