Staples Company Profile (NASDAQ:SPLS)

About Staples (NASDAQ:SPLS)

Staples logoStaples, Inc. (Staples) is a provider of products and services that serve the needs of business customers and consumers. The Company offers a range of print and marketing and technology services. The Company's segments include North American Delivery, North American Retail and Other. The North American Delivery segment consists of the United States and Canadian businesses, including Staples Business Advantage,,, and, that sell and deliver products and services primarily to businesses. The North American Retail segment includes its retail stores in the United States and Canada. As of January 28, 2017, its North American Retail segment consisted of 1,255 stores in the United States and 304 stores in Canada. The Company has other businesses in Australia, South America and Asia. Staples Australia serves primarily contract and government customers in Australia and New Zealand. The Company also has operations in China, Argentina, Taiwan and Brazil.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Other Specialty Retailers - NEC
  • Sub-Industry: Specialty Stores
  • Symbol: NASDAQ:SPLS
  • CUSIP: 85503010
  • Web:
  • Market Cap: $6.59322 billion
  • Outstanding Shares: 653,165,000
Average Prices:
  • 50 Day Moving Avg: $9.54
  • 200 Day Moving Avg: $9.27
  • 52 Week Range: $7.24 - $10.25
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.87
  • P/E Growth: -11.48
Sales & Book Value:
  • Annual Revenue: $18.03 billion
  • Price / Sales: 0.37
  • Book Value: $5.14 per share
  • Price / Book: 1.96
  • Annual Dividend: $0.48
  • Dividend Yield: 4.8%
  • EBIDTA: $1.26 billion
  • Net Margins: -12.51%
  • Return on Equity: 14.07%
  • Return on Assets: 6.61%
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 1.44%
  • Quick Ratio: 0.93%
  • Average Volume: 9.85 million shs.
  • Beta: 1.7
  • Short Ratio: 0.5
Frequently Asked Questions for Staples (NASDAQ:SPLS)

What is Staples' stock symbol?

Staples trades on the NASDAQ under the ticker symbol "SPLS."

How often does Staples pay dividends? What is the dividend yield for Staples?

Staples announced a quarterly dividend on Monday, June 12th. Shareholders of record on Friday, June 23rd will be paid a dividend of $0.12 per share on Thursday, July 13th. This represents a $0.48 annualized dividend and a yield of 4.76%. The ex-dividend date is Wednesday, June 21st. View Staples' Dividend History.

How were Staples' earnings last quarter?

Staples, Inc. (NASDAQ:SPLS) announced its quarterly earnings results on Tuesday, May, 16th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.17. The business earned $4.15 billion during the quarter, compared to analysts' expectations of $4.50 billion. Staples had a negative net margin of 12.51% and a positive return on equity of 14.07%. Staples's revenue for the quarter was down 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.17 earnings per share. View Staples' Earnings History.

When will Staples make its next earnings announcement?

Staples is scheduled to release their next quarterly earnings announcement on Tuesday, August, 15th 2017. View Earnings Estimates for Staples.

What guidance has Staples issued on next quarter's earnings?

Staples updated its second quarter earnings guidance on Tuesday, May, 16th. The company provided EPS guidance of $0.10-0.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.13.

Where is Staples' stock going? Where will Staples' stock price be in 2017?

7 equities research analysts have issued 1 year price targets for Staples' shares. Their predictions range from $5.00 to $12.00. On average, they anticipate Staples' stock price to reach $9.04 in the next year. View Analyst Ratings for Staples.

What are analysts saying about Staples stock?

Here are some recent quotes from research analysts about Staples stock:

  • 1. According to Zacks Investment Research, "Staples has outpaced the industry in the last six months thanks to its strategic plans to boost long-term value. We believe the company’s actions to streamline operations aimed at enhancing productivity and performance of its North American business bode well. Further, its cost containment efforts that target annualized cost savings of nearly $300 million by 2018 show promise. The company also remains positioned to gain from its plans to shut down underperforming North American stores as well as boosting online presence in order to bolster productivity and sales. However, we expect the persistent weakness in the office products sector, technological advancements and stiff competition to continue weighing on the company’s performance. Both the top and bottom lines continued to decline year over year. We noted that estimates have been stable lately ahead of the company’s first-quarter fiscal 2017 earnings release." (5/15/2017)
  • 2. Jefferies Group LLC analysts commented, "Q3 EPS was in line, though Street estimates were at the high end of new Q4 guidance range. Sales were a bit light of expectations, but margins were better. As telegraphed last quarter, SPLS acquired an independent dealer with over $100 million in revenue as it focuses on mid-market." (11/18/2016)

Are investors shorting Staples?

Staples saw a decline in short interest in the month of June. As of June 15th, there was short interest totalling 8,230,000 shares, a decline of 12.2% from the May 31st total of 9,369,091 shares. Based on an average daily trading volume, of 4,755,489 shares, the short-interest ratio is currently 1.7 days. Approximately 1.3% of the shares of the stock are short sold.

Who are some of Staples' key competitors?

Who are Staples' key executives?

Staples' management team includes the folowing people:

  • Robert E. Sulentic, Independent Chairman of the Board
  • Shira D. Goodman, President, Chief Executive Officer, Director
  • Jeffrey L. Hall, Vice Chairman, Chief Administrative Officer
  • Joseph G. Doody, Vice Chairman
  • Christine T. Komola, Chief Financial Officer, Executive Vice President
  • Steve Matyas, President, North American Retail
  • Mark Conte, Senior Vice President, Corporate Controller
  • Michelle Bottomley, Chief Marketing Officer
  • Michael T. Williams, Chief Legal Officer, Secretary
  • Drew G. Faust, Independent Director

Who owns Staples stock?

Staples' stock is owned by a number of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.85%), Bank of Montreal Can (0.34%), Chicago Capital Management LLC (0.29%), NN Investment Partners Holdings N.V. (0.10%), Longfellow Investment Management Co. LLC (0.09%) and Country Club Trust Company n.a. (0.09%). Company insiders that own Staples stock include Mark Conte, Michael Williams, Paul-Henri Ferrand and Shira Goodman. View Institutional Ownership Trends for Staples.

Who sold Staples stock? Who is selling Staples stock?

Staples' stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, APG Asset Management N.V., NN Investment Partners Holdings N.V., Country Club Trust Company n.a., Meeder Asset Management Inc., Manning & Napier Advisors LLC, US Bancorp DE and Visionary Asset Management Inc.. View Insider Buying and Selling for Staples.

Who bought Staples stock? Who is buying Staples stock?

Staples' stock was acquired by a variety of institutional investors in the last quarter, including Chicago Capital Management LLC, Longfellow Investment Management Co. LLC, Bank of Montreal Can, Mn Services Vermogensbeheer B.V., Alpha Windward LLC, Virtu Financial LLC, Oregon Public Employees Retirement Fund and Atria Investments LLC. Company insiders that have bought Staples stock in the last two years include Paul-Henri Ferrand and Shira Goodman. View Insider Buying and Selling for Staples.

How do I buy Staples stock?

Shares of Staples can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Staples' stock price today?

One share of Staples stock can currently be purchased for approximately $10.09.

MarketBeat Community Rating for Staples (NASDAQ SPLS)
Community Ranking:  1.2 out of 5 ()
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  544 (Vote Underperform)
Total Votes:  713
MarketBeat's community ratings are surveys of what our community members think about Staples and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Staples (NASDAQ:SPLS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $9.04 (10.39% downside)

Analysts' Ratings History for Staples (NASDAQ:SPLS)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/29/2017Telsey Advisory GroupBoost Price TargetMarket Perform -> Market Perform$9.00 -> $10.25LowView Rating Details
6/22/2017Deutsche Bank AGSet Price TargetHold$8.00LowView Rating Details
6/20/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldMediumView Rating Details
5/19/2017Loop CapitalReiterated RatingHold$5.00LowView Rating Details
4/6/2017Jefferies Group LLCReiterated RatingHold$9.00LowView Rating Details
4/5/2017Citigroup Inc.UpgradeNeutral -> Buy$12.00MediumView Rating Details
8/18/2016Morgan StanleySet Price TargetHold$10.00N/AView Rating Details
7/15/2016ArgusReiterated RatingHoldN/AView Rating Details
5/29/2016Bank of America CorporationBoost Price TargetUnderperform -> Buy$8.10 -> $10.00N/AView Rating Details
5/19/2016J P Morgan Chase & CoLower Price TargetNeutral$12.00 -> $9.00N/AView Rating Details
5/15/2016Wells Fargo & CompanyReiterated RatingEqual WeightN/AView Rating Details
3/25/2016KeyCorpReiterated RatingEqual WeightN/AView Rating Details
3/8/2016Goldman Sachs Group, Inc. (The)Reiterated RatingHoldN/AView Rating Details
3/7/2016Credit Suisse GroupLower Price TargetNeutral$15.00 -> $10.00N/AView Rating Details
12/7/2015BB&T CorporationDowngradeBuy -> HoldN/AView Rating Details
8/22/2015B. RileyReiterated RatingNeutral$16.00N/AView Rating Details
7/30/2015Evercore Partners IncUpgradeSell -> HoldN/AView Rating Details
7/30/2015Evercore ISIUpgradeSell -> HoldN/AView Rating Details
7/24/2015Cleveland ResearchReiterated RatingNeutralN/AView Rating Details
(Data available from 7/24/2015 forward)


Earnings History for Staples (NASDAQ:SPLS)
Earnings by Quarter for Staples (NASDAQ:SPLS)
Earnings History by Quarter for Staples (NASDAQ SPLS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/15/2017$0.12N/AView Earnings Details
5/16/2017Q1 17$0.17$0.17$4.50 billion$4.15 billionViewN/AView Earnings Details
3/9/2017Q4 2017$0.26$0.25$5.03 billion$4.56 billionViewListenView Earnings Details
11/17/2016Q316$0.34$0.34$5.40 billion$5.40 billionViewListenView Earnings Details
8/17/2016Q216$0.12$0.12$4.78 billion$4.80 billionViewListenView Earnings Details
5/18/2016Q116$0.16$0.17$5.08 billion$5.10 billionViewListenView Earnings Details
3/4/2016Q415$0.28$0.26$5.40 billion$5.27 billionViewListenView Earnings Details
11/18/2015Q315$0.35$0.35$5.67 billion$5.60 billionViewListenView Earnings Details
8/19/2015Q215$0.12$0.12$4.96 billion$4.90 billionViewListenView Earnings Details
5/20/2015Q115$0.17$0.17$5.46 billion$5.30 billionViewListenView Earnings Details
3/6/2015Q414$0.30$0.31$5.75 billion$5.66 billionViewListenView Earnings Details
11/19/2014Q314$0.36$0.37$5.95 billion$5.96 billionViewListenView Earnings Details
8/20/2014Q214$0.11$0.12$5.16 billion$5.20 billionViewListenView Earnings Details
5/20/2014Q114$0.21$0.18$5.62 billion$5.70 billionViewN/AView Earnings Details
3/6/2014Q413$0.39$0.33$5.98 billion$5.87 billionViewListenView Earnings Details
11/20/2013Q3$0.42$0.42$6.18 billion$6.11 billionViewListenView Earnings Details
8/21/2013Q2 2013$0.18$0.16$5.37 billion$5.30 billionViewListenView Earnings Details
5/22/2013Q1 2013$0.27$0.26$5.91 billion$5.81 billionViewListenView Earnings Details
3/6/2013Q4 2012$0.45$0.46$6.72 billion$6.57 billionViewListenView Earnings Details
11/14/2012Q312$0.45$0.46$6.46 billion$6.35 billionViewN/AView Earnings Details
8/15/2012$0.22$0.18ViewN/AView Earnings Details
5/16/2012$0.30$0.30ViewN/AView Earnings Details
2/29/2012$0.41$0.41ViewN/AView Earnings Details
11/15/2011$0.47$0.47ViewN/AView Earnings Details
8/17/2011$0.20$0.22ViewN/AView Earnings Details
5/18/2011$0.32$0.28ViewN/AView Earnings Details
3/2/2011$0.40$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Staples (NASDAQ:SPLS)
2017 EPS Consensus Estimate: $1.00
2018 EPS Consensus Estimate: $0.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.24$0.31$0.27
Q2 20173$0.12$0.13$0.12
Q3 20174$0.33$0.36$0.35
Q4 20173$0.25$0.28$0.26
Q1 20183$0.16$0.17$0.17
Q2 20183$0.11$0.13$0.12
Q3 20183$0.31$0.33$0.32
Q4 20183$0.26$0.27$0.27
(Data provided by Zacks Investment Research)


Current Dividend Information for Staples (NASDAQ:SPLS)
Most Recent Dividend:7/13/2017
Annual Dividend:$0.48
Dividend Yield:4.76%
Payout Ratio:-13.30% (Trailing 12 Months of Earnings)
53.93% (Based on This Year's Estimates)
56.47% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Staples (NASDAQ:SPLS)

Dividend History by Quarter for Staples (NASDAQ SPLS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Staples (NASDAQ:SPLS)
Insider Ownership Percentage: 0.72%
Institutional Ownership Percentage: 94.56%
Insider Trades by Quarter for Staples (NASDAQ:SPLS)
Institutional Ownership by Quarter for Staples (NASDAQ:SPLS)
Insider Trades by Quarter for Staples (NASDAQ:SPLS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/8/2016Mark ConteSVPSell5,195$9.97$51,794.15View SEC Filing  
7/14/2016Paul-Henri FerrandDirectorBuy139$9.13$1,269.07View SEC Filing  
6/30/2016Michael WilliamsGeneral CounselSell12,458$8.59$107,014.22View SEC Filing  
12/15/2015Shira GoodmanInsiderBuy5,100$9.70$49,470.00View SEC Filing  
6/10/2014Rowland MoriartyDirectorSell100,000$11.14$1,114,000.00View SEC Filing  
4/4/2014Rowland MoriartyDirectorSell25,235$12.20$307,867.00View SEC Filing  
4/3/2014Ronald SargentCEOBuy8,500$11.82$100,470.00View SEC Filing  
3/20/2014Shira GoodmanInsiderBuy5,000$11.44$57,200.00View SEC Filing  
12/10/2013Joseph DoodyInsiderSell32,041$16.17$518,102.97View SEC Filing  
7/5/2013Ronald SargentCEOSell68,806$15.90$1,094,015.40View SEC Filing  
6/28/2013Demos ParnerosInsiderSell75,000$16.00$1,200,000.00View SEC Filing  
6/18/2013Joseph DoodyInsiderSell40,000$16.50$660,000.00View SEC Filing  
6/4/2013Ronald SargentCEOSell525,000$15.04$7,896,000.00View SEC Filing  
5/31/2013Christine T KomolaCFOSell18,000$14.93$268,740.00View SEC Filing  
5/29/2013Robert NakasoneDirectorSell21,825$14.95$326,283.75View SEC Filing  
5/23/2013Michael WilliamsSVPBuy10,000$14.90$149,000.00View SEC Filing  
5/23/2013Paul WalshDirectorSell22,500$14.90$335,250.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Staples (NASDAQ:SPLS)
Latest Headlines for Staples (NASDAQ:SPLS)
DateHeadline logoStaples Pilots Robotic Material Handling Solution - Business Wire (press release) - July 20 at 8:00 AM logoStaples Pilots Robotic Material Handling Solution - July 20 at 8:00 AM logoStaples, Inc. (NASDAQ:SPLS) Expected to Announce Quarterly Sales of $3.87 Billion - July 19 at 4:54 PM logoWhy Staples Stock Is Up 11% So Far This Year - July 19 at 3:47 PM logoStaples, Inc. (SPLS) Receives Average Rating of "Hold" from Brokerages - July 18 at 8:47 PM logoZacks: Brokerages Anticipate Staples, Inc. (NASDAQ:SPLS) to Announce $0.12 Earnings Per Share - July 17 at 10:57 AM logoStaples Celebrates Teachers Across the U.S. with Teacher Appreciation Days - July 15 at 8:51 AM logo5 Top Consumer Staples ETFs - July 13 at 10:51 AM logoSTAPLES INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Investigates Sale to Sycamore Partners - July 13 at 9:49 AM logoStaples Is Going Private -- Good News for Office Depot? - July 12 at 10:56 AM logoSequential Brands Group and Staples Announce Expansion of Martha Stewart Products Exclusively at Staples - July 11 at 3:34 PM logoMartha Stewart brand exclusives expanding at Staples - July 11 at 3:34 PM logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Staples, Inc. And Encourages Shareholders To Contact The Firm For Additional Information - July 11 at 3:34 PM logoWhy Staples, Inc. Stock Rose 11% Last Month - July 9 at 8:23 AM logoStaples - No Need to Tender - Seeking Alpha - July 8 at 2:26 PM logoWEISSLAW LLP: Staples Inc. Acquisition May Not Be in the Best Interests of ... - July 7 at 12:49 PM logoSHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Staples, Inc. and Encourages Investors to Contact the Firm for Additional Information - July 7 at 12:49 PM logoSTAPLES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Staples, Inc. - July 7 at 12:49 PM logo3 Consumer Staples Stocks to Buy Now - July 7 at 8:11 AM logoSTAPLES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout - July 6 at 10:07 AM logoWhat To Make Of The Staples Buyout - Seeking Alpha - July 4 at 7:32 AM logoHere's how much Staples would have to pay if Sycamore's $7B deal fails - July 2 at 8:45 PM logoStaples, Inc. (SPLS) PT Raised to $10.25 at Telsey Advisory Group - July 1 at 11:52 PM logoStaples, Inc. Is Going Private as It Continues to Flounder - July 1 at 9:52 AM logoWhy the Staples Acquisition Could Open Door for Office Depot Deal With Amazon - - July 1 at 7:46 AM logoWhy the Staples Acquisition Could Open Door for Office Depot Deal With Amazon - - July 1 at 7:46 AM logoTraders Purchase High Volume of Staples Put Options (NASDAQ:SPLS) - June 30 at 6:02 PM logoStaples, Inc. (SPLS) Stock Rises on Sale to Private Equity Firm for $6.9 Billion - - June 30 at 6:52 AM logo[$$] Sycamore Plans to Split Staples Into Three - June 30 at 6:52 AM logoStaples investors should take the money from private equity and run - June 30 at 6:52 AM logoMark Hulbert: Staples investors should take the money from private equity and run - June 30 at 5:43 AM logoStaples - It's Official, Sycamore Puts Investors Out Of Their Misery - Seeking Alpha - June 30 at 5:43 AM logoStaples, Inc. (SPLS) Stock Rises on Sale to Private Equity Firm for $6.9 Billion - June 29 at 1:14 PM logoStaples Sold Itself At One Of The Lowest Sales Multiples On Record - June 29 at 9:58 AM logoShort Interest in Staples, Inc. (SPLS) Drops By 12.2% - June 29 at 7:13 AM logoStaples in $6.9 billion sale to private equity firm Sycamore - Reuters - June 29 at 6:57 AM logo[$$] Staples in Deal With Sycamore for About $6.9 Billion - June 29 at 6:57 AM logoStaples to Sell for $6.9 Billion, and Its New Owner Has an Uphill Battle - New York Times - June 28 at 11:49 PM logoThe Wall Street Journal: Staples agrees to sell to Sycamore for $6.9 billion - June 28 at 7:49 PM logoStaples to Be Acquired by Sycamore Partners for $6.9 Billion - Bloomberg - June 28 at 6:24 PM logoOffice supplies chain Staples sold for $6.9 billion - June 28 at 5:41 PM logoStaples shares jump on report of potential buyout at more than $10 a share - June 28 at 4:36 PM logoStaples spikes as Sycamore Partners nears buyout deal - June 28 at 4:16 PM logoStaples, Inc. breached its 50 day moving average in a Bullish Manner : SPLS-US : June 26, 2017 - June 27 at 8:01 PM logoMoms and Students Find Top Trends for 2017 Back-to-School Season at Staples with Everyday Low Prices on Essentials - June 27 at 8:01 PM logo$40M Staples distribution facility underway on Westinghouse Boulevard - June 27 at 8:01 PM logoStaples, Inc. – Value Analysis (NASDAQ:SPLS) : June 27, 2017 - June 27 at 8:01 PM logoBreakfast Technical Briefing on Specialty Retail Stocks -- Alibaba, Office Depot, Staples, and LiNiu Technology - PR Newswire (press release) - June 27 at 8:34 AM logoStaples, Inc. (SPLS) Given a $8.00 Price Target by Deutsche Bank AG Analysts - June 24 at 11:56 AM logoStaples, Inc. (SPLS) Receives Consensus Rating of "Hold" from Brokerages - June 23 at 6:34 PM



Staples (SPLS) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by Staff