Staples Inc. reported net income of $251.3 million for the fourth quarter, up from $211.9 million last year.
The office supplies direct marketer and retailer reported sales of $4.1 billion for the quarter ended Jan. 29, up from $3.6 billion last year.
“Our 65,000 associates had a great year in 2004, delivering strong results, differentiating Staples’ brand and advancing our market leadership around the world,” said Ron Sargent, CEO of the Framingham, MA company in a statement.