Staples, Inc. announced unaudited consolidated earnings results for the first quarter ended May 4, 2013. Total company sales for the first quarter of 2013 were $5.8 billion, compared to $6.025 billion, a decrease of 3% compared to the first quarter of 2012. First quarter 2013 total company sales growth was negatively impacted by approximately 1% due to 97 store closures in North America and Europe during the 12 months preceding the first quarter of 2013. The foreign exchange impact from the stronger U.S. dollar negatively impacted total company sales growth by approximately 50 basis points during the first quarter of 2013. First quarter 2013 operating income rate declined 52 basis points versus the first quarter of 2012 to 4.90%. This decrease primarily reflects investments to accelerate growth and deleverage of fixed expenses, partially offset by a favorable comparison to the first quarter of 2012, which included significant expenses related to headcount reductions and the settlement of a contractual dispute. The company reported first quarter 2013 income from continuing operations of $170 million, or $0.26 per diluted share, compared to income of $193 million, or $0.28 per diluted share, during the first quarter of 2012. During the first quarter of 2013, the company generated operating cash flow of $348 million, compared to $146.857 million for the last year. The company invested $41 million in capital expenditures, compared to $52.077 million for the last year. Operating income was $285.087 million, compared to $326.578 million for the last year. Income from continuing operations before income taxes was $252.475 million, compared to $285.671 million for the last year. Income attributed to the company was $169.927 million or $0.26 per diluted share, compared to $187.059 million or $0.27 per diluted share for the last year. The company's outlook for 2013 is unchanged. The company expects full year 2013 sales to increase in the low single-digits compared to 2012 sales on a 52 week basis of $23.9 billion. The company expects full year 2013 diluted earnings per share from continuing operations to be in the range of $1.30 to $1.35. The company expects momentum on the top and bottom line to continue building throughout 2013. The company expects to generate more than $900 million of free cash flow and plans to continue repurchasing its common stock through open-market purchases during 2013.

Staples, Inc. has launched its new Sports & Art Photo Gallery which provides consumers with fast, affordable and beautiful over-sized prints to make gifting or home design easy. A new digital library of licensed professional photographs establishes the Staples Sports and Art Photo Gallery as an industry-first photo content and same day service destination. The Sports and Art Photo Gallery allows customers in Staples stores to select, purchase and print a wide range of licensed photos including the National Football League, National Basketball Association, Landscapes, Fine Art collection as well as many more. Staples provides customers access to an extensive library of photos, including timely sports shots added to collections the day after a big game -- the perfect gift to accent any "man cave." Customers can use Staples Copy and Print for same-day pickup of any photo. Design tips from David Bromstad for using photos as décor: Think outside the box! Cluster the prints in mass and create own custom wallpaper; this will definitely bring on the WOW factor. Use the Staples prints and create a stunning and unique lampshade. When hanging, pictures make sure they are clustered closely together to design a fabulous feature wall. Create a story when hanging the art. This will spark conversation and make the most of a simple concept and push it over the top. Adding another dimension to Staples' Copy and Print capabilities, pricing for the Sports and Art Photo Gallery selection pricing starts at $34.95 (12x15 print), to $49.95 (16x20 print) and $59.95 (24x30 print). The Personalized NFL prints are available in different sizes and prices. The new Sports and Art Photo Gallery combined with the Staples EasyCanvas(SM) Prints and Photo Enlargement services provide an extensive offering of high-quality photography products for Staples' customers.

Staples, Inc. announced the availability of the Samsung Galaxy(R) S 4, an innovative smartphone that lets users navigate their screen without even touching it, scroll through content simply by tilting it, and pauses recorded video when viewers look away from the screen. Staples announces the availability of the Samsung Galaxy(R) S 4, an innovative smartphone that lets users navigate their screen without even touching it, scroll through content simply by tilting it, and pauses recorded video when viewers look away from the screen. The Samsung Galaxy S 4 takes photos so amazing it's hard to believe they came from a smartphone, with the ability to take multiple exposure Motion Shots, erase unwanted elements with one-touch, apply live filters to photos and create a Story Album. Additional features of the Galaxy S 4 include WatchON(TM) from Samsung, which turns the phone into a universal remote control and lets users search on-demand video services, and Samsung Hub(TM), which provides access to movies, shows, music and e-books in one place with one sign-in.