Among the earnings stories for Tuesday, May 20, from AP Financial News:
ATLANTA (AP) _ The Home Depot Inc. doesn't know if stimulus checks making their way to potential customers are enough to improve its fortunes this year, the company said Tuesday as it reported a 66 percent drop in first-quarter profit.
BOSTON (AP) _ Strong sales of delivered office products to corporate customers at home and overseas helped Staples Inc. post a 1.5 percent increase in its first-quarter profit and rebound modestly from small profit declines the previous two quarters.
MINNEAPOLIS (AP) _ Medtronic Inc. said Tuesday its fourth-quarter profit was flat compared with last year, when the medical device maker recorded a tax gain of about $129 million.
LONDON (AP) _ British food and clothing retailer Marks and Spencer PLC on Tuesday reported that full year profits rose 24.5 percent, but the company said sales dipped in the fourth quarter and it expected a difficult year ahead.
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