What Not to Miss in Staples' Earnings Report

Staples is undergoing strategic changes after a blocked merger with Office Depot. The office supply industry faces challenges in a digital world, with Staples experiencing revenue declines for five consecutive years. However, projections indicate potential growth starting in 2020, aligning with their new strategy. Staples aims to shift its sales focus, emphasizing deliveries and North American operations, while reducing store numbers. The company has sold its European operations to focus on North America. Investors have shown confidence in these changes, reflected in a stock price increase.

What major challenge is Staples facing in the digital age?

• Expansion into European markets

• Increasing competition from Office Depot

• Rising costs of office supplies

• Declining sales in a digital world

What was the projected revenue change for Staples in fiscal 2017?

• A 2% increase

• No change

• A 4% decline

• A 10% increase

What is a key component of Staples' 2020 strategy?

• Expanding into Asia

• Focusing on deliveries

• Increasing retail store count

• Merging with Office Depot

How has Staples adjusted its global presence?

• Reduced global locations

• Opened new stores in Europe

• Increased store count in Asia

• Expanded into South America

What was the investor reaction to Staples' strategic changes?

• Investors were indifferent

• Investors sold their shares

• Staples stock decreased by 5%

• Staples stock increased by 5%