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OfficeMax delivers a profit despite weak economy
NAPERVILLE, Ill. — OfficeMax's sales were down for the third quarter, but the company managed to deliver higher net income growth during a period of executive transitions and a tough economy.
OfficeMax announced that total sales were $1.8 billion in the third quarter of 2011, a decrease of 2.1% from the third quarter of 2010. For the third quarter of 2011, OfficeMax reported net income of $21.5 million, or 25 cents per diluted share, compared with $20 million, or 23 cents per diluted share, in the third quarter of 2010. -
Sales, profits accelerate at O'Reilly Automotive
SPRINGFIELD, Mo. — A down economy means people are less likely to buy new cars, which means they will need to take care of the ones they do have, and that's good news for companies like O'Reilly Automotive, which reported sales and earnings growth for the third quarter.