For the quarter ended January 31, the world's largest office products retailer posted net income of $286.0 million, or 40 cents a share, compared with $333.2 million, or 47 cents a share, a year earlier.
Excluding charges related to the Corporate Express acquisition, the company earned 36 cents a share.
Revenue rose 16 percent to $6.17 billion. Excluding sales from Corporate Express, revenue fell 14 percent in the quarter.
Analysts were expecting the company to earn 42 cents a share, before special items, on revenue of $6.79 billion, according to Reuters Estimates.
Shares of Staples, which competes with OfficeMax Inc
(Reporting by Nivedita Bhattacharjee in Bangalore; Editing by Anne Pallivathuckal)