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Last $13.91 USD
Change Today -0.04 / -0.29%
Volume 8.6M
SPLS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

staples inc (SPLS) Snapshot

Open
$14.06
Previous Close
$13.95
Day High
$14.17
Day Low
$13.74
52 Week High
02/3/15 - $19.40
52 Week Low
08/21/14 - $10.82
Market Cap
8.9B
Average Volume 10 Days
8.9M
EPS TTM
$0.99
Shares Outstanding
640.7M
EX-Date
06/24/15
P/E TM
14.0x
Dividend
$0.48
Dividend Yield
3.45%
Current Stock Chart for STAPLES INC (SPLS)

staples inc (SPLS) Details

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products and services, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands. It also provides copy and print services to its retail and delivery customers, as well as technology services through its EasyTech business. The company sells and delivers office products and services directly to businesses and consumers through its Staples.com and Staples.ca, and Quill.com Websites, as well as through retail stores, contract sales force, and direct mail catalog business. As of January 31, 2015, it operated approximately 1,983 retail stores in the United States, Canada, Finland, Germany, the Netherlands, Norway, Portugal, Sweden, the United Kingdom, Argentina, and Australia; and 109 distribution and fulfillment centers in the United States, Canada, Austria, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, the United Kingdom, China, Argentina, Brazil, and Australia. Staples, Inc. was founded in 1985 and is headquartered in Framingham, Massachusetts.

44,400 Employees
Last Reported Date: 03/6/15
Founded in 1985

staples inc (SPLS) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.2M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $584.1K
President of North American Stores & Online
Total Annual Compensation: $693.1K
President of Staples Europe
Total Annual Compensation: $668.0K
Vice Chairman
Total Annual Compensation: $678.0K
Compensation as of Fiscal Year 2014.

staples inc (SPLS) Key Developments

Staples to Close Local Store at 1927 Dorothy Lane in Moraine

The Staples store at 1927 Dorothy Lane in Moraine will shut down permanently on Sept. 12 as part of the company's plan to shutter 225 nationwide. The number of employees who will be affected by the closing was not immediately available.

Staples, Inc. Declares Second Quarter 2015 Cash Dividend Payable on July 16, 2015

Staples, Inc. announced that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share. The dividend is payable on July 16, 2015, to shareholders of record on June 26, 2015.

Staples, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended May 2, 2015; Announces Impairment of Long-Lived Assets for the First Quarter Ended May 2, 2015; Provides Earnings Guidance for the Second Quarter of 2015 and Free Cash Flow Guidance for the Full Year 2015

Staples, Inc. announced unaudited consolidated earnings results for the first quarter ended May 2, 2015. For the quarter, the company reported sales of $5.3 billion against $5.7 billion a year ago. GAAP operating income was $98 million against $159 million a year ago. Income before income taxes was $84 million against $148 million a year ago. Net income was $59 million or $0.09 per basic and diluted share against $96 million or $0.15 per basic and diluted share a year ago. Net cash provided by operating activities was $300 million against $359 million a year ago. Acquisition of property and equipment was $60 million against $48 million a year ago. Non-GAAP operating income was $173 million against $183 million a year ago. Non-GAAP income before income taxes was $163 million against $172 million a year ago. Non-GAAP net income was $109 million or $0.17 per diluted share against $115 million or $0.18 per diluted share a year ago. Non-GAAP sales were $608 million against $589 million a year ago. Free cash flow was $240 million against $311 million a year ago. First quarter 2015 results on a GAAP basis include pre-tax charges of $45 million related to restructuring and related activities, $22 million of impairment primarily related to certain information technology assets, $15 million related to the acquisition of Office Depot, and a pre-tax gain of approximately $3 million related to the sale of assets. Total company non-GAAP operating income rate increased 6 basis points to 3.29% from an operating income rate of 3.23% achieved during the first quarter of 2014. This increase primarily reflects increased gross margin rate in North American Stores and Online, as well as reduced rent expense primarily related to store closures over the past year. The increase was partially offset by the negative impact of fixed expenses on lower sales. For the quarter, the company announced impairment of long-lived assets was $22 million compared to $22 million a year ago. For the second quarter of 2015, the company expected sales to decrease versus the second quarter of 2014. The company expected to achieve fully diluted non-GAAP earnings per share in the range of $0.11 to $0.13 for the second quarter of 2015. This guidance excludes any potential impact on earnings per share related to restructuring and other related activities or costs related to the company’s planned acquisition of Office Depot. For the full year 2015, the company expected to generate more than $600 million of free cash flow. The company planning was for non-GAAP effective tax rate to be 33.5% for the remainder of 2015.

 

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Industry Analysis

SPLS

Industry Average

Valuation SPLS Industry Range
Price/Earnings 92.2x
Price/Sales 0.4x
Price/Book 1.7x
Price/Cash Flow 55.4x
TEV/Sales 0.3x
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