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SPLS

Staples, Inc.

5/19/2013, 10:35 AM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Wednesday, May 8, 9:46 AM Ahead of today's Q1 report, Groupon (GRPN +1.9%) discloses Groupon Goods chief Faisal Masud is leaving the company to become the head of Staples' (SPLS +0.4%) e-commerce ops. The Groupon Goods e-commerce business has been growing rapidly in recent quarters, helping offset slumping daily deals sales. But margins have remained low. Maisul's departure will happen a little over two months after CEO Andrew Mason was sacked. Comment! [Tech]
Friday, May 3, 8:18 AM Staples (SPLS) says it will be the first U.S. retailer to sell 3D printers when it brings the Cube 3D Printer from 3D Systems (DDD) to limited stores and online by the end of June. If 3D printing catches on, office supply stores could see a nice little boost from the consumables side of the business. 5 Comments [Consumer]
Tuesday, April 30, 8:52 AM Office Depot (ODP) says the FTC made a second request on details of its planned combination with OfficeMax but that it still expects the deal to close by the end of the year. A lack of details on what a combined ODP-OMX entity will look like persists, keeping visibility somewhat cloudy for Staples (SPLS) as well. (Previous on ODP earnings: I, II) Comment! [Consumer]
Wednesday, March 6, 8:12 AM After a sluggish earning report (I, II), Staples (SPLS) is giving back some of the gains it churned after the Office Depot-OfficeMax merger announcement tipped sentiment positive in the sector. Analysts are quick to note comparable-store sales for the retail look "awful" with U.S. comps down 5% and overseas falling 9%. SPLS -5.3% premarket. Comment! [Consumer, On the Move]
Wednesday, March 6, 7:30 AM Staples (SPLS) declares $0.12/share quarterly dividend, 9% increase from prior dividend of $0.11. Forward yield 3.61%. For shareholders of record Mar. 29. Payable Apr. 18. Ex-div date Mar. 27. (PR) Comment! [Dividends]
Wednesday, March 6, 6:54 AM More on Staples' (SPLS) Q4: Sales excluding the 53rd week in 2012 fell 3.8% Y/Y as comparable store sales were 5% lower. Online sales rose 7% with the company increasing its investment in the online business. The retailer expects 2013 sales to increase at a low single-digits rate and EPS to fall in a range of $1.30 to $1.35. (PR) Comment! [Consumer, Earnings]
Wednesday, March 6, 6:42 AM Staples (SPLS): Q4 EPS of $0.46 beats by $0.01. Revenue of $6.57B misses by $150M. (PR) 1 Comment [Earnings, Breaking News]
Wednesday, March 6, 12:05 AM Notable earnings before Wednesday’s open: AEO, AMRC, BF.B, BIG, END, HOV, POZN, SPLS, TFM, WMC, WRES Comment! [Earnings]
Tuesday, March 5, 5:30 PM Notable earnings before Wednesday’s open: AEO, AMRC, BF.B, BIG, END, HOV, POZN, SPLS, TFM, WMC, WRES Comment! [Earnings]
Wednesday, February 20, 9:29 AM Shares of OfficeMax (OMX), Office Depot (ODP), and Staples (SPLS) all retreat in premarket action after word hits that the press release covering the ODP-OMX merger was released prematurely. Reuters is reporting talks on a deal are still ongoing. Comment! [Consumer, On the Move]
Wednesday, February 20, 7:55 AM Shares of all three office supply companies are on the rise after Office Depot decides to merge with OfficeMax in an all-stock deal. The quick analyst take is that Staples may take some market share while the newlyweds get to know each other. Premarket: SPLS +3.8%, ODP +13.6%, OMX +15.4%. Comment! [Consumer, On the Move]
Tuesday, February 19, 10:42 AM Though it makes sense that an Office Depot-OfficeMax merger could lead to higher sales for Staples (SPLS +14.5%), analysts warn it's a guessing game until the merger is actually announced and visibility clears up on how many stores could actually be closed. CNN's Paul La Monica also warns that the shakeup in the office supply sector doesn't change the reality that Amazon is still Amazon. 1 Comment [Consumer, On the Move]
Tuesday, February 19, 9:15 AM The deal that makes sense? Though regulators may still have something to say, investors are acting like the merger in the office supply sector is a done deal. OfficeMax (OMX) is now up 22.6% premarket, while Office Depot (ODP) is on a 31.2% tear. Retail analyst Rahul Sharma sum up the sentiment: "Consolidation = much-needed capacity cuts. Win-win for all 3 players." 2 Comments [Consumer, On the Move]
Tuesday, February 19, 9:10 AM Premarket gainers: NVGN +130%. ODP +33%. OMX +26%. SPLS +14%. CEDC +8%. UNXL +8%. PWER +6%. BBY +5%.
Losers: HUM -10%. YNDX -8%. CI -5%. Comment! [On the Move]
Tuesday, February 19, 8:14 AM Shares of Staples (SPLS) jump 12.2% higher premarket after all the talk of an Office Depot and OfficeMax merger raises enthusiasm on the impact on the company of a world with only two office supply chains. Paul La Monica speculates the potential ODP-OMX deal may also rekindle the Staples go-private chatter. Comment! [Consumer, On the Move]
Tuesday, February 19, 7:03 AM Antitrust attorneys think that a potential merger between Office Depot (ODP) and OfficeMax could face stiff headwinds from the Federal Trade Commission, although the pairing stands a better chance than if Staples (SPLS) were to try to combine with either company. Early investor reaction: ODP +11.2% premarket and OMX +13.1%. Comment! [Consumer, On the Move, M&A]

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