Staples says its fiscal fourth-quarter profit dropped 14 percent amid a number of charges related to its acquisition of Netherlands-based Corporate Express.
Net income at the world's largest office products retailer fell to $286 million, or 40 cents per share, from $333.2 million, or 47 cents per share, in the same quarter a year ago.
Analysts surveyed by Thomson Reuters predicted earnings of 42 cents per share on sales of $6.82 billion. Staples shares fell nearly 8.5 percent in premarket trading.