OfficeMax third quarter earnings rise

jueves 1 de noviembre de 2007 12:39 CET
 

Nov 1 (Reuters) - Office supplies retailer OfficeMax Inc OMX.N reported a higher quarterly profit on Thursday, as its contract segment sales rose more than 2 percent.

Net income rose to $49.9 million, or 64 cents a share, from $31.4 million, or 41 cents a share, a year ago. Total sales increased 3.2 percent to $2.32 billion in the third quarter, compared to $2.24 billion last year, it said in a statement.

OfficeMax contract segment sales rose 2.4 percent to $1.2 billion. (Reporting by Ankur Relia in Bangalore)