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, etc. The company works via retail channels and business-to-business (B2B)-oriented delivery operations.

TypePrivate
Founded1986
HQFramingham, US
Websitestaples.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Sept 2020)20,879(-30%)
Job Openings2,915
Revenue (Y, 2018)$16 B(-12%)
Share Price (Jul 2017)$10.1
Cybersecurity ratingDMore

Key People/Management at Staples

Sandy Douglas

Sandy Douglas

CEO
Joanne Harris

Joanne Harris

Chief Commercial Officer
Jeff Hall

Jeff Hall

Vice Chairman, Chief Administrative Officer
Peter Scala

Peter Scala

Chief Merchandising Officer
Pragati Mathur

Pragati Mathur

EVP - CTO & Digital
Michele Parzianello

Michele Parzianello

Chief Customer Experience Officer
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Staples Office Locations

Staples has offices in Framingham, Bad Vöslau, Grimbergen, Mississauga and in 16 other locations
Framingham, US (HQ)
500 Staples Dr
Bad Vöslau, AT
Industriestraße 8
Grimbergen, BE
Ringlaan 39
Mississauga, CA
550 Pendant Dr
Greve, DK
Korskildelund 6
Survilliers, FR
63 Grande Rue
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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
USDFY, 2016

Revenue/Employee

389.2k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.9 x
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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

Company NameDateDeal 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

SecurityScorecard logo

Staples Revenue Breakdown

Embed Graph

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

Ownr, Staples, Shopify, Moneris launch $200,000 fund for entrepreneur hopefuls

Toronto-based startup Ownr, which offers a solution allowing users to register or incorporate a business in Canada, has partnered with Shopify, Moneris Solutions, and...

Mondelēz International to Participate in Barclays Global Consumer Staples Conference on September 9

CHICAGO, Aug. 24, 2020 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) today announced that Dirk Van de Put, Chief Executive Officer and Luca Zaramella, Chief Financial Officer, will participate in a question-and-answer session at the Barclays Global Consumer Staples Conference on W…

Staples to require face coverings starting Monday

Office supply and electronics retailer Staples Inc. will start requiring face coverings in all its stores starting Monday. Staples is an essential retailer, selling hand sanitizer and other personal protective equipment (PPE) as well as equipment for working and schooling from home. Staples joins re…

LPL Financial Welcomes Staples Financial

CHARLOTTE, N.C., July 20, 2020 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, today announced that Kris Staples CWS®, AIF® and Trevor Johnson CWS®, AIF® of Staples Financial have joined …

ICICI Securities: India’s Consumer Staples And Discretionary-Lower Trade Margins, Discounts, Ad-Spends Moderation Provides Earnings Succour

ICICI Securities: India’s Consumer Staples And Discretionary-Lower Trade Margins, Ad-Spends Moderation Provides Earnings Succour

Latin American Polypropylene (PP) Nonwoven Market Outlook to 2028: Spunbonded, Staples, Melt Blown and Composites

DUBLIN, June 24, 2020 /PRNewswire/ -- The "Latin America PP Nonwoven Market 2020-2028" report has been added to ResearchAndMarkets.com's offering. This report illustrates that the Latin American PP nonwoven market would exhibit a CAGR of 7.28% during the estimated period 2020-2028. The...
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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 Jeff Hall.

  • How many employees does Staples have?

    Staples has 20,879 employees.

  • What is Staples revenue?

    Latest Staples annual revenue is $16 b.

  • What is Staples revenue per employee?

    Latest Staples revenue per employee is $766.3 k.

  • Who are Staples competitors?

    Competitors of Staples include Best Buy, Walmart and Office Depot.

  • Where is Staples headquarters?

    Staples headquarters is located at 500 Staples Dr, Framingham.

  • Where are Staples offices?

    Staples has offices in Framingham, Bad Vöslau, Grimbergen, Mississauga and in 16 other locations.

  • How many offices does Staples have?

    Staples has 20 offices.