What Not to Miss in Staples' Earnings Report

What Not to Miss in Staples' Earnings Report

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

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.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps is Staples taking to focus on North America?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the Office Depot merger rejection have on Staples?

Evaluate responses using AI:

OFF