Key Developments: Staples Inc (SPLS.OQ)

SPLS.OQ on NASDAQ Stock Exchange Global Select Market

14.05USD
21 Nov 2014
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Latest Key Developments (Source: Significant Developments)

Staples Inc gives Q4 2014 sales and charge outlook; EPS outlook in line with analysts' estimates
Wednesday, 19 Nov 2014 06:00am EST 

Staples Inc:Expects Q4 2014 sales to decrease versus the Q4 2013.Expects Q4 2014 fully diluted non-GAAP earnings per share in the range of $0.27 to $0.32.Expects Q4 2014 pre-tax charges in the range of $45 - $80 mln associated with restructuring and other related activities.Reported revenue of $5.873 bln in Q4 2013.Q4 2014 revenue of $5.728 bln, EPS of $0.31 - Thomson Reuters I/B/E/S.  Full Article

Staples Inc declares quarterly cash dividend
Tuesday, 9 Sep 2014 04:15pm EDT 

Staples Inc:Declares quarterly cash dividend on Staples, Inc. common stock of $0.12 per share.Dividend is payable on Oct. 16, to shareholders of record on Sept. 26.  Full Article

Staples Inc to support Apple Pay in stores this fall
Tuesday, 9 Sep 2014 02:45pm EDT 

Staples Inc:Plans to bring Apple Pay to Staples stores across the U.S., making it easy for customers to securely and privately pay for purchases from their iPhone 6, iPhone 6 Plus and Apple Watch.Apple Pay is expected to be available in Staples stores later this fall. Also this fall, Staples intends to integrate Apple Pay into its new Staples iOS 8 app experience, with functionality available for iPhone 6 and iPhone 6 Plus.  Full Article

MetTel acquires Thrive Networks from Staples
Tuesday, 9 Sep 2014 12:01am EDT 

MetTel:Says that it has reached a definitive agreement to acquire, Thrive Networks, a Staples Company.Says that for 14 years, Thrive has provided complete IT solutions for a wide range of businesses nationwide and will broaden and strengthen MetTel's managed service offering.This offering will now include network management and monitoring, virtualization solutions, data protection and a cloud service that includes email, file sharing and data back-up.  Full Article

Staples gives Q3 2014 revenue outlook; EPS below analysts' estimates; gives FY 2014 charge outlook
Wednesday, 20 Aug 2014 06:00am EDT 

Staples Inc:Expects Q3 2014 sales to decrease versus Q3 2013.Expects Q3 2014 non-GAAP EPS in the range of $0.34 - $0.39.Expects FY 2014 total pre-tax and restructuring and other related charges in the range of $40 - $75 mln.Reported revenue of $6.3 bln for Q3 2013.Q3 2014 revenue of $6.1 bln and EPS of $0.42 - Thomson Reuters I/B/E/S.  Full Article

Staples Advantage partners with ERI to enable enterprises to reduce E-Waste with technology recycling service
Thursday, 14 Aug 2014 07:00am EDT 

Staples Advantage:Launches Technology Recycling Service, making it easy for businesses to recycle old electronics.Says first of its kind in the industry, the program, offered in partnership with Electronic Recyclers International, Inc. (ERI) allows businesses of all sizes to recycle volumes of electronics conveniently, responsibly and in a secure manner.Staples Advantage, the business to business division of Staples.  Full Article

Staples Inc and Fundable team up to Crowdfund next great innovation
Friday, 1 Aug 2014 08:23am EDT 

Staples Inc:Says company and Fundable teamed up to launch the first Crowd2Shelf Contest.Created by Fundable and sponsored by Staples.Crowd2Shelf Contest invites entrepreneurs and small businesses to harness power of crowdfunding to propel their product onto Staples.com and shelves of Staples stores.  Full Article

Staples Inc completes acquisition of PNI Digital Media Inc
Friday, 11 Jul 2014 05:37pm EDT 

Staples Inc and PNI Digital Media Inc:Says Staples completes previously announced acquisition of all of issued and outstanding common shares of PNI for consideration of C$1.70 per share pursuant to a plan of arrangement.  Full Article

Staples announces second quarter 2014 dividend
Tuesday, 3 Jun 2014 08:00am EDT 

Staples Inc:Declares a quarterly cash dividend of $0.12 per share.Payable on July 17 to shareholders of record on June 27.  Full Article

Staples Inc gives Q2 2014 revenue outlook; EPS outlook below analysts' estimates; gives FY 2014 charge outlook
Tuesday, 20 May 2014 06:00am EDT 

Staples Inc:Expects Q2 2014 sales to decrease versus the Q2 2013.Expects Q2 2014 fully diluted non-GAAP earnings per share in the range of $0.09 to $0.14.Expects FY 2014 total pre-tax global restructuring and other related charges in the range of $240 - $360 mln.Reported revenue of $5.314 bln in Q2 2013.Q2 2014 revenue of $5.180 bln, EPS of $0.15 - Thomson Reuters I/B/E/S.  Full Article

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Staples profit beats as demand rises from North America businesses

- Staples Inc reported higher-than-expected quarterly sales and profit as business customers in North America bought more furniture, breakroom products such as coffee machines and core office supplies like stationery.

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