Last $12.03 USD
Change Today +0.14 / 1.18%
Volume 6.5M
SPLS On Other Exchanges
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As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

staples inc (SPLS) Snapshot

Open
$11.96
Previous Close
$11.89
Day High
$12.07
Day Low
$11.86
52 Week High
08/13/13 - $17.30
52 Week Low
03/27/14 - $11.04
Market Cap
7.8B
Average Volume 10 Days
13.2M
EPS TTM
$1.17
Shares Outstanding
647.5M
EX-Date
03/26/14
P/E TM
10.3x
Dividend
$0.48
Dividend Yield
3.99%
Current Stock Chart for STAPLES INC (SPLS)

staples inc (SPLS) Details

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in 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 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 Quill.com Websites, as well as through retail stores, contract sales force, and direct mail catalog business. As of March 7, 2014, it operated approximately 2,200 stores worldwide. The company also operated 116 distribution and fulfillment centers in 30 states in the United States; 7 provinces in Canada; and in 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 based in Framingham, Massachusetts.

46,361 Employees
Last Reported Date: 03/6/14
Founded in 1985

staples inc (SPLS) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $567.5K
President of Europe
Total Annual Compensation: $1.1M
President of North American Stores & Online
Total Annual Compensation: $742.2K
Vice Chairman
Total Annual Compensation: $742.2K
Compensation as of Fiscal Year 2013.

staples inc (SPLS) Key Developments

Staples Inc. to Close 225 Stores

Staples Inc. announced that it is planning to close as many as 225 North American stores while slashing annualized costs by up to $500 million by the end of 2015.

Staples, Inc. to Launch Product Expansion in Mid-March 2014

Staples, Inc. announced the new step to help business customers Make More Happen with the addition of eight new categories to its retail stores. Staples will launch the product expansion in mid-March 2014 and complete more than 1,000 U.S. stores by the end of June, plus hundreds of stores in Canada. Staples will refresh nearly 20% of its products, adding about 1,600 items in categories beyond office supplies. At the same time the company will remove about 1,000 items, creating an assortment of office supply essentials. The eight new categories include: facilities and breakroom supplies, maintenance repair and operations items; mail and ship expanded assortment, retail supplies for small businesses; storage solutions; gifts and cards for office parties; organizational accessories from Poppin(R) brand; and early education toys and learning aids. The items were added after extensive customer tests over the past year. In addition, every store will feature an updated Staples.com kiosk, providing customers with access to more items than ever on Staples.com.

Staples, Inc. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Year Ended February 1, 2014; Provides Earnings Guidance for the First Quarter of Fiscal 2015 and Cash Flow Guidance for the Full Year of Fiscal 2015

Staples, Inc. announced unaudited consolidated financial results for the fourth quarter and year ended February 1, 2014. For the quarter, the company reported sales of $5,873.273 million against $6,567.980 million a year ago. Operating income was $338.111 million against $313.669 million a year ago. Income from continuing operations before income taxes was $314.641 million against $192.440 million a year ago. Income attributed to the company was $212.383 million or $0.33 per diluted share against $78.058 million or $0.12 per diluted share a year ago. Income from continuing operations was $212.383 million or $0.33 per diluted share against $89.950 million or $0.14 per diluted share a year ago. Non-GAAP operating income was $338 million compared to $495 million a year ago. Non-GAAP income from continuing operations was $212 million or $0.33 per diluted share compared to $308 million or $0.46 per diluted share a year ago. Non-GAAP income from continuing operations before income taxes was $1,126.890 million. Non-GAAP income from continuing operations attributed to the company was $760.608 million or $1.16 per diluted share. For the year, the company reported sales of $23,114.263 million against $24,380.510 million a year ago. Operating income was $1,177.501 million against $510.065 million a year ago. Income from continuing operations before income taxes was $1,062.805 million against $265.423 million a year ago. Income attributed to the company was $620.069 million or $0.95 per diluted share against loss attributed to the company of $210.706 million or $0.31 per diluted share a year ago. Income from continuing operations was $707.004 million or $1.07 per diluted share against loss from continuing operations of $160.728 million or $1.40 per diluted share a year ago. Net cash provided by operating activities was $1,108,286,000 against $1,219,188,000 a year ago. Acquisition of property and equipment was $371.229 million against $349.574 million a year ago. Non-GAAP operating income was $1,241.586 million compared to $1,548.000 million a year ago. Non-GAAP income from continuing operations was $761 million or $1.16 per diluted share compared to $936 million or $1.39 per diluted share a year ago. Non-GAAP income from continuing operations before income taxes was $1,126.890 million. Non-GAAP income from continuing operations attributed to the company was $760.608 million or $1.16 per diluted share. The company reported adjusted earnings of $1.16 per share for 2013, well short of the $1.21 to $1.25 per share it forecast as November. For the first quarter of fiscal 2015, the company expected sales to decrease versus the first quarter of 2013. The company expects to achieve fully diluted earnings per share in the range of $0.17 to $0.22 for the first quarter of fiscal 2015. This guidance does not reflect any potential impact on sales or earnings per share related to 2014 restructuring activities. The company expects to generate more than $600 million of free cash flow for the full year fiscal 2015, which reflects cash payments related to previously announced restructuring activities and the company’s consideration of the impact from potential fiscal 2015 restructuring activities.

 

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SPLS

Industry Average

Valuation SPLS Industry Range
Price/Earnings 11.2x
Price/Sales 0.3x
Price/Book 1.3x
Price/Cash Flow 11.5x
TEV/Sales 0.3x
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