Staples was founded in 1986 and is headquartered in Framingham, US

CEO

Vice Chairman, Chief Administrative Officer

Vice Chairman

General Counsel and Secretary

Corporate Controller

Staples has an office in Framingham

Framingham, US (HQ)

500 Staples Dr

Staples's revenue was reported to be $4.1 b in Q1, 2017

USD

## Revenue (Q1, 2017) | 4.1 b |

## Net income (Q1, 2017) | (815 m) |

## EBIT (Q1, 2017) | 163 m |

## Market capitalization (17-Aug-2017) | 6.7 b |

## Cash (29-Apr-2017) | 1.3 b |

Staples's current market capitalization is $6.7 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 23.1 b | 22.5 b | 21.1 b | 18.2 b |

## Revenue growth, % | (3%) | (6%) | (13%) | |

## Operating expense total | 4.9 b | 5.5 b | 4.9 b | 5 b |

## EBIT | 1.2 b | 309.9 m | 641 m | (264 m) |

## EBIT margin, % | 5% | 1% | 3% | (1%) |

## Interest expense | 119.3 m | 49.1 m | 139 m | 81 m |

## Interest income | 4.7 m | 2.9 m | 3 m | 6 m |

## Pre tax profit | 1.1 b | 268.1 m | 492 m | (352 m) |

## Income tax expense | 355.8 m | 133.6 m | 113 m | 107 m |

## Net Income | 620.1 m | 134.5 m | 379 m | (1.5 b) |

USD | Q1, 2015^{} | Q1, 2016^{} | Q1, 2017^{} |
---|---|---|---|

## Revenue | 5.3 b | 5.1 b | 4.1 b |

## General and administrative expense | 1.2 b | 1.1 b | 897 m |

## Operating expense total | 1.2 b | 1.1 b | 897 m |

## EBIT | 98 m | 108 m | 163 m |

## EBIT margin, % | 2% | 2% | 4% |

## Interest expense | (16 m) | (42 m) | (10 m) |

## Interest income | 1 m | 2 m | 1 m |

## Pre tax profit | 84 m | 71 m | 158 m |

## Income tax expense | 25 m | 30 m | 53 m |

## Net Income | 59 m | 41 m | (815 m) |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Cash | 492.5 m | 627.2 m | 825 m | 1.1 b | 1.1 b |

## Inventories | 400.4 m | 253 m | 310 m | 251 m | |

## Current Assets | 5.2 b | 5.2 b | 5.1 b | 5.2 b | 5.2 b |

## PP&E | 1.1 b | 1.1 b | |||

## Goodwill | 3.2 b | 2.7 b | 2.7 b | 1.3 b | 1.3 b |

## Total Assets | 11.2 b | 10.3 b | 10.2 b | 8.3 b | 8.3 b |

## Accounts Payable | 2 b | 1.9 b | 1.9 b | 1.7 b | 1.7 b |

## Total Debt | 529 m | 529 m | |||

## Current Liabilities | 3.4 b | 3.3 b | 3.3 b | 3.7 b | 3.7 b |

## Additional Paid-in Capital | 4.9 b | 4.9 b | 5 b | 5.1 b | 5.1 b |

## Retained Earnings | 7 b | 6.8 b | 6.9 b | 5.1 b | 5.1 b |

## Total Equity | 5.4 b | 3.7 b | 3.7 b | ||

## Debt to Equity Ratio | 0.1 x | 0.1 x | |||

## Debt to Assets Ratio | 0.1 x | 0.1 x | |||

## Financial Leverage | 1.9 x | 2.2 x | 2.2 x |

USD | Q1, 2015^{} | Q1, 2016^{} | Q1, 2017^{} |
---|---|---|---|

## Cash | 795 m | 946 m | 1.3 b |

## Current Assets | 5.4 b | 5.3 b | 4.6 b |

## PP&E | 1.1 b | ||

## Goodwill | 2.7 b | 2.7 b | 1.3 b |

## Total Assets | 10.4 b | 12.8 b | 7.5 b |

## Accounts Payable | 2 b | 2 b | 1.7 b |

## Current Liabilities | 3.4 b | 3.3 b | 3.2 b |

## Additional Paid-in Capital | 5 b | 5 b | 5.1 b |

## Retained Earnings | 6.8 b | 6.9 b | 4.2 b |

## Total Equity | 5.5 b | 3.4 b | |

## Financial Leverage | 2.3 x | 2.2 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|---|

## Net Income | 620.1 m | 134.5 m | 379 m | (1.5 b) | (1.5 b) |

## Depreciation and Amortization | 436 m | ||||

## Accounts Payable | 108.4 m | (59.2 m) | 63 m | 4 m | 4 m |

## Cash From Operating Activities | 1.1 b | 1 b | 978 m | 934 m | 934 m |

## Purchases of PP&E | (371.2 m) | (360.9 m) | (381 m) | (255 m) | (255 m) |

## Cash From Investing Activities | (479.5 m) | (375.3 m) | (374 m) | (311 m) | (311 m) |

## Dividends Paid | (312.5 m) | (307 m) | (308 m) | (311 m) | (311 m) |

## Cash From Financing Activities | (1.4 b) | (492.7 m) | (378 m) | (318 m) | (318 m) |

USD | Q1, 2015^{} | Q1, 2016^{} | Q1, 2017^{} |
---|---|---|---|

## Net Income | 59 m | 41 m | (815 m) |

## Depreciation and Amortization | 17 m | 15 m | 11 m |

## Accounts Payable | 2 b | 2 b | 1.7 b |

Y, 2017 | |
---|---|

## Financial Leverage | 2.2 x |

Staples's Stores was reported to be 1.6 k in FY, 2017. Staples's Customers was reported to be 200 k in May, 2017. Staples's Distribution Centers was reported to be 78 in FY, 2017

Acquired Company | Date | Deal Size |
---|---|---|

Office Depot | January 04, 2015 | $6.3 b |

Runa | October 02, 2013 |

Source: 653 public H-1B filings from Staples