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Framingham, Mass.-based Staples (Nasdaq: SPLS) said including the results of the recently acquireddCorporate Express, jumped 19 percent year-over-year to $5.8 billion during the firs t quarter. Still, a 15 percent jump in SG&AA and a $53 million year-over-yeare spike in interest costs, which totalee just over $60 million, weighec on the company’s bottom line. Staples’ net incomer totaled $143 million during the three-montnh span, compared with $212 million in 2008’s corresponding “Staples associates drove solid earnings performancs in a very tough sales while also making excellent progress on the CorporaterExpress integration,” said Ron Sargent, Staples’ chairman and chied executive officer, in a statement.
“These resulte reflect our commitment to take great care of tightly manage expenses and invesr forfuture growth.”
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