Staples

OverviewSuggest Edit

Staples is an office supply retailing company. It offers business-technology products, facility and breakroom supplies, computers and mobility products, office furniture, and etc. The company also provides print and marketing, as well as technology services.

TypePrivate
Founded1986
HQFramingham, US
Websitestaples.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Nov 2019)34,806
Revenue (Y, 2018)$16 B(-12%)
Share Price (Jul 2017)$10.1

Key People/Management at Staples

Sandy Douglas

Sandy Douglas

CEO
Joanne Harris

Joanne Harris

Chief Commercial Officer
Peter Scala

Peter Scala

Chief Merchandising Officer
Jeff Hall

Jeff Hall

Vice Chairman, Chief Administrative Officer
Pragati Mathur

Pragati Mathur

EVP - CTO & Digital
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Staples Office Locations

Staples has offices in Framingham, Boston, Columbia, Englewood and in 35 other locations
Framingham, US (HQ)
500 Staples Dr
Bad Vöslau, AT
Industriestraße 8
Grimbergen, BE
Ringlaan 39
Boucherville, CA
1616 Rue Eiffel
Dartmouth, CA
2 Royles Ave
Edmonton, CA
4990 92 Ave NW
Show all (40)

Staples Financials and Metrics

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Staples Revenue

Staples's revenue was reported to be $16 b in Y, 2018 which is a 12.3% decrease from the previous period.
USD

Revenue (Y, 2018)

16.0b

Revenue growth (Y, 2017 - Y, 2018), %

(12.3%)

Cash (29-Jul-2017)

1.2b
Annual
USDFY, 2015FY, 2016Y, 2018

Revenue

21.1b18.2b16.0b

Revenue growth, %

(6%)(13%)(12%)

Cost of goods sold

15.5b13.5b

Gross profit

5.5b4.8b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

5.1b4.8b5.4b4.1b3.9b

Cost of goods sold

3.8b3.6b3.9b3.1b2.9b

Gross profit

1.3b1.2b1.4b1.1b997.0m

Gross profit Margin, %

25%25%27%26%26%
Annual
USDFY, 2015FY, 2016

Cash

825.0m1.1b

Accounts Receivable

1.9b1.5b

Prepaid Expenses

310.0m251.0m

Current Assets

5.1b5.2b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

946.0m775.0m1.1b1.3b1.2b

Accounts Receivable

1.8b1.8b1.9b1.3b1.3b

Prepaid Expenses

415.0m432.0m374.0m207.0m189.0m

Current Assets

5.3b5.2b5.3b4.6b4.8b
Annual
USDFY, 2015FY, 2016

Net Income

379.0m(1.5b)

Depreciation and Amortization

455.0m436.0m

Inventories

18.0m63.0m

Accounts Payable

63.0m4.0m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

41.0m(725.0m)(545.0m)(815.0m)(760.0m)

Depreciation and Amortization

113.0m223.0m332.0m91.0m176.0m

Inventories

(17.0m)(196.0m)7.0m2.0m(215.0m)

Accounts Payable

117.0m155.0m141.0m110.0m194.0m
USDY, 2018

Revenue/Employee

568.0k
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Staples Operating Metrics

Staples's Stores was reported to be 1.6 k in FY, 2017.
FY, 2015FY, 2016FY, 2017

Distribution Centers

109 104 78

Products

10 k10 k10 k

Stores

1.98 k1.91 k1.58 k
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Staples Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
DEX ImagingFebruary 11, 2019
Hitouch TechnologiesJune 27, 2018
EssendantMay 16, 2018
Capital Office ProductsNovember 09, 2016
Accolade Promotion GroupApril 20, 2015
Office DepotJanuary 04, 2015$6.30 b
PNI Digital MediaMay 05, 2014$67.40 m
RunaOctober 02, 2013
Corporate Express AustraliaJuly 11, 2010
Oy Lindell AbJuly 02, 2010
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Staples Revenue Breakdown

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Staples revenue breakdown by business segment: 58.3% from North American Delivery, 36.5% from North American Retail and 5.2% from Other

Staples revenue breakdown by geographic segment: 82.1% from United States, 12.7% from Canada and 5.2% from Other International

Staples Online and Social Media Presence

Embed Graph

Staples News and Updates

Zurich, Nando's, Pentahotels, Allegis, Staples, Mondi all Feature in the September Issue of Business Chief Europe Magazine

NORWICH, England, Sept. 9, 2019 /PRNewswire/ -- Innovative, Norwich-based digital media company BizClik Media has released its latest issue of Business Chief Europe edition, here. This month's coverpiece features an exclusive interview with the Global Head of Customer Experience & Digital...

The J. M. Smucker Company Announces Webcasts of First Quarter Earnings Conference Call and Presentation at the 2019 Barclays Global Consumer Staples Conference

ORRVILLE, Ohio, Aug. 5, 2019 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) will conduct its first quarter fiscal 2020 earnings conference call and webcast on Tuesday, August 27, 2019, at 8:30 a.m. ET. Speaking on the call will be Mark Smucker, President and Chief Executive Officer...

Consumer Staples Like P&G Are Surging. Does That Foreshadow A Recession?

When consumer staples valuations levitate higher in a hurry, it often foreshadows an economic slowdown around the corner. Money tends to flow to safe haven sectors before fleeing the market entirely.

USITC Votes to Continue Investigations of Certain Collated Steel Staples from China, Korea, and Taiwan

USITC Votes to Continue Investigations of Certain Collated Steel Staples from China, Korea, and Taiwan.read more

Staples Owner Sycamore Partners Has Become Its Landlord Too

Staples Owner Sycamore Partners Has Become Its Landlord Too

Sycamore Partners under scrutiny after pocketing $1 billion from Staples deal

Sycamore has pulled off a $5.4 billion refinancing of Staples, which it bought in 2017, that funded a staggering $1 billion dividend to the private equity firm.Sycamore has now recovered—in less than two years—roughly 80% of the equity it originally put up as part of the deal
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Staples Frequently Asked Questions

  • When was Staples founded?

    Staples was founded in 1986.

  • Who are Staples key executives?

    Staples's key executives are Sandy Douglas, Joanne Harris and Peter Scala.

  • How many employees does Staples have?

    Staples has 34,806 employees.

  • What is Staples revenue?

    Latest Staples annual revenue is $16 b.

  • What is Staples revenue per employee?

    Latest Staples revenue per employee is $459.7 k.

  • Who are Staples competitors?

    Competitors of Staples include Walmart, Office Depot and Target.

  • Where is Staples headquarters?

    Staples headquarters is located at 500 Staples Dr, Framingham.

  • Where are Staples offices?

    Staples has offices in Framingham, Boston, Columbia, Englewood and in 35 other locations.

  • How many offices does Staples have?

    Staples has 40 offices.