Blurb: OfficeMax Posts Q2 Loss Right Alongside Office Depot

From the Daily Herald:

Naperville-based OfficeMax Inc. announced sales declined about 16.5 percent in the second quarter that ended June 27.

Total sales were $1,657.9 million in the second quarter of 2009. The office supply giant also reported a net loss available to OfficeMax common shareholders of $17.7 million, or $0.23 per diluted share.

Almost 18 million? Not quite as bad as Office Depot’s $82 million loss, but hey. We’re just happy to see bad business returning bad results.

Leave a Reply

Your email address will not be published. Required fields are marked *

All comments are moderated before publishing

This site uses Akismet to reduce spam. Learn how your comment data is processed.