Office Supply Retailers Offer Guidance Ahead of Conference

Market News Video
September 07, 2011 AT 2:02 PM
Office supplies retailer OfficeMax (OMX) reported an updated forecast for the third quarter and second half of the 2011 fiscal year today, prior to its presentation at a Goldman Sachs (GS) retail conference. OfficeMax said it now expects third quarter sales to be slightly lower than the third quarter of 2010, and that sales in the second half of the year will be slightly higher than last years second half.