Staples, Inc. (SPLS) - NASDAQ
  • Dec. 2, 2014, 1:05 PM
    • A technical breakdown on the performance of retail e-commerce sites for Black Friday and Cyber Monday reveals some winners and losers.
    • Sears (NASDAQ:SHLD), Costco (NASDAQ:COST), Office Depot (NASDAQ:ODP), REI, Saks and NewEgg drew high marks for using responsive web design to create a seamless mobile experience for users.
    • Costco and Sears were also on a list of fastest sites - along with Barnes & Noble (NYSE:BKS), W.W. Grainger (NYSE:GWW), Williams-Sonoma (NYSE:WSM), and Hennes & Mauritz (OTCPK:HMRZF).
    • The extended holiday was more uneven for Best Buy (NYSE:BBY), Staples (NASDAQ:SPLS), Cabela's (NYSE:CAB), and Forever 21 which had painful outages or slow performance times.
    • J.C. Penney (NYSE:JCP) was reported to have had a temporary mobile glitch which caused a slowdown, but also ended up on a list of top website performers.
    | Dec. 2, 2014, 1:05 PM | 9 Comments
  • Dec. 2, 2014, 2:42 AM
    | Dec. 2, 2014, 2:42 AM | 17 Comments
  • Dec. 1, 2014, 1:40 PM
    • Cyber Monday e-commerce sale are up 9% so far, according to data from IBM.
    • It appears some online sales were pulled forward with both Thanksgiving Day and Black Friday sales numbers coming in very strong.
    • Related stocks: EBAY, AMZN, DKS, BBY, TGT, WMT, SPLS, M, GPS.
    | Dec. 1, 2014, 1:40 PM | 10 Comments
  • Dec. 1, 2014, 7:50 AM
    • Comscore estimates e-commerce spending rose 32% on Thanksgiving Day to $1.01B and 26% on Black Friday to $1.51B.
    • Most retail analysts are sticking with their forecast for 4.0%-4.5% growth for holiday sales this year, with early shopping and e-commerce making up for a dip in store traffic on Black Friday.
    • Apparel sellers in particular came out with a stronger online push this year.
    • Related stocks: OTCPK:AMZZ, EBAY, AEO, ANF, JCP, JNY, JWN, KSS, LB, M, URBN, PSUN, BKE, WTSL, GPS, FDX, UPS, DKS, BBY, LULU, KATE, VRA, SPLS.
    | Dec. 1, 2014, 7:50 AM | 7 Comments
  • Nov. 19, 2014, 2:27 PM
    • comScore expects online retail spending to rise 16% to $61B during the holiday months of November and December.
    • Desktop spending is forecast to increase 14% to $53.2B, while mobile spending is seen growing 25% to $7.9B.
    • Expectations are high for the retail giants: Last year, Q4 revenue growth at Amazon (NASDAQ:AMZN) easily outpaced the overall level of holiday e-commerce sales. Wal-Mart (NYSE:WMT) and Target (NYSE:TGT) are coming off quarters with +20% growth in e-commerce, while Staples (NASDAQ:SPLS) came in at 9%.
    • Shippers: FedEx (NYSE:FDX) expects an increase of holiday packages of 8.8% this year, while UPS is prepping for a 11% rise.
    • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, RCD, UGE, SZK
    | Nov. 19, 2014, 2:27 PM | 35 Comments
  • Nov. 19, 2014, 8:37 AM
    • Target (NYSE:TGT) says YTD costs for the large 2013 data breach are at $140M on a pre-tax basis.
    • Total gross expenses of $248M since Q4 of last year have been partially offset by a $90M insurance receivable.
    • The retailer says future data-breach expenses are not expected to be material.
    • The ratio of insurance coverage to costs could be of interest to breach brethren Home Depot (NYSE:HD) and Staples (NASDAQ:SPLS).
    | Nov. 19, 2014, 8:37 AM
  • Nov. 19, 2014, 7:50 AM
    | Nov. 19, 2014, 7:50 AM
  • Nov. 19, 2014, 7:07 AM
    • Staples (NASDAQ:SPLS) reports same-store sales fell 4% in Q3 as traffic was off by the same level.
    • The online channel saw a 9% increase in sales during the quarter.
    • Operating income rate -180 bps to 7.7%.
    • The company expects to close 170 stores in North America this year.
    • Guidance: Q4 EPS of $0.27-$0.32 expected vs.$0.31 consensus.
    • SPLS +3.7% premarket.
    | Nov. 19, 2014, 7:07 AM
  • Nov. 19, 2014, 6:04 AM
    • Staples (NASDAQ:SPLS): Q3 EPS of $0.37 beats by $0.01.
    • Revenue of $5.96B (-2.5% Y/Y) beats by $30M.
    | Nov. 19, 2014, 6:04 AM
  • Nov. 18, 2014, 5:30 PM
  • Oct. 21, 2014, 1:52 AM
    • Following earlier reports of an attack disclosed by computer security blogger Brian Krebs, Staples (NASDAQ:SPLS) says it is investigating a possible payment card data breach.
    • The company did not give any additional details, but says that law enforcement has been notified.
    | Oct. 21, 2014, 1:52 AM
  • Oct. 6, 2014, 7:47 AM
    • Staples (NASDAQ:SPLS) says it has closed 15 stores in Canada.
    • The development falls in line with a broad plan by the company to shutter 331 stores in North America as it shifts to a greater focus on digital channels.
    | Oct. 6, 2014, 7:47 AM
  • Sep. 9, 2014, 4:27 PM
    • Staples (NASDAQ:SPLS) declares $0.12/share quarterly dividend, in line with previous.
    • Forward yield 3.86%
    • Payable Oct. 16; for shareholders of record Sept. 26; ex-div Sept. 24.
    | Sep. 9, 2014, 4:27 PM
  • Sep. 2, 2014, 9:11 AM
    | Sep. 2, 2014, 9:11 AM
  • Sep. 2, 2014, 7:42 AM
    • Credit Suisse upgrades Staples (NASDAQ:SPLS) to an Outperform rating from Neutral.
    • The investment firm estimates that a merger between Staple and Office Depot (NYSE:ODP) would boost profitability and create an annualized synergy run rate of $1.44B.
    • SPLS +3.6% premarket
    | Sep. 2, 2014, 7:42 AM
  • Aug. 25, 2014, 7:54 AM
    • Data released by shopping tracking Retale could send a chill into the retail sector.
    • A survey from the firm found that 73% of parents of school-aged children use mobile for their back-to-school shopping. Of that group, 79% buy items directly and 96% fired up mobile devices to compare prices.
    • The increased reliance by consumers on price-comparison apps is seen as a margin compressor that will be nearly impossible to unwind.
    • Related stocks: SPLS, ODP, TGT, WMT, AMZN.
    | Aug. 25, 2014, 7:54 AM | 1 Comment
Company Description
Staples, Inc. engages in the provision of office supplies retail. It offers a range of products of copy and print and technologies through an integrated retail and online shopping. It operates through the following segments: North American stores and online, North American commercial, and... More
Sector: Services
Industry: Specialty Retail, Other
Country: United States