Office Depot

  • Will a Poor Back-to-School Shopping Season Spell Trouble For These Stocks?

    By Bob Ciura - July 31, 2013 | Tickers: ODP, OMX, SPLS, TJX

    It’s no secret that the U.S. economy has been slow to recover from the worst recession since the Great Depression. The ongoing sequester, payroll tax hike, and the frustratingly slow-to-improve labor market should have been enough evidence to convince investors that the American consumer is in a tough spot.

    Investors have gleefully bought stocks, including those tied to the health of the consumer, over the past several weeks more »

  • Which Companies Make the Grade With Back-to-School Shoppers?

    By Kelli Bhattacharjee - July 29, 2013 | Tickers: AMZN, ODP, OMX, SPLS

    Despite school not starting for two months, we are already being inundated with back-to-school deals. Expectations for this year’s back to school shopping season are high, with retail sales numbers for June coming in strong for several companies. 

    For back-to-school shopping, money savvy parents armed with their back-to-school checklists head to office supply stores since these retailers historically offer some of the lowest prices, but which retailers are positioned more »

  • A Look at Office Supply Retailers

    By Damon Churchwell - June 19, 2013 | Tickers: ODP, OMX, SPLS

    I first blogged about the office supply retail store operators in December of last year (see my December blog.) Since then, the largest component of that industry, Staples (NASDAQ: SPLS), has seen a substantial boost to its share price.

    May-quarter earnings appear to have incited investors to further bid up the shares, as profitability is improving and full-year revenues are on track to climb. In all, management seems to be more »

  • Is Starboard Value Right on These 3 Companies?

    By Shweta Dubey - June 11, 2013 | Tickers: CHL, CPWR, IDTI, ODP, OMX

    Starboard Value is a New York-based hedge fund that adopts a fundamental approach to invest in publicly traded companies. It invests in undervalued companies with small market cap. As a result of its investment strategy, assets under management surged to $1.1 billion in the first quarter of 2013, showing growth of 26% quarter over quarter.

    Recently, Starboard bought around 15% stake in Office Depot (NYSE: ODP) and invested in more »

  • A Few Interesting Developments in Specialty Retail

    By Jacob Wolinsky - June 3, 2013 | Tickers: BKS, ODP, OMX

    Like most other companies, specialty retailers were not spared during the recession. However, many of these companies are now staging a strong comeback. Office Depot (NYSE: ODP), Barnes & Noble (NYSE: BKS), and OfficeMax (NYSE: OMX) are among the companies which look good for a variety of reasons. 

    Office Depot is an international player in the office supply space. Until last year, speculations were rife that the company was going out more »

  • There Are Better Ways To Play Tax Preparation

    By Matthew Frankel - May 31, 2013 | Tickers: HRB, INTU, ODP

    One of the most well-known tax preparation service providers in the United States, H&R Block (NYSE: HRB) has struggled to produce revenues over the past several years.  In fact, the company’s revenue has declined every year since 2008 as a result of increased competition and increased transition to online tax preparation by individuals.  With all of the poor results the company has produced, why have shares nearly doubled more »

  • Mixed Earnings And A Higher Stock Price

    By Timothy Green - May 24, 2013 | Tickers: ODP, OMX, SPLS | Editor's Choice

    Of the three big office supply chains, soon to be two with the merger of Office Max (NYSE: OMX) and Office Depot (NYSE: ODP) looming, the clear leader is Staples (NASDAQ: SPLS). Staples has struggled to grow sales as of late, with 2012 seeing a slight decline, but this is at least partially due to weakness in Europe. Staples reported its Q1 earnings a few days ago, and while the more »

  • A Specialty Retailer the Internet Cannot Kill

    By Jordan Wathen - May 24, 2013 | Tickers: AZO, ODP, OMX, SPLS

    Specialized retailers and category killers make for excellent businesses, but there's a very big difference between good and bad.

    Some are runaway successes; others are businesses in perpetual decline. Whether or not a business will fail or succeed comes down to one variable: the effect of tech.

    Retail vs. the internet.

    Built on the idea that they could deliver office supplies to corporate customers, and offer a range of more »

  • My Computer Buying Experience And The Investment Implications

    By Chad Henage - May 16, 2013 | Tickers: AAPL, BBY, MSFT, ODP

    I recently went in search of a new desktop computer, and there are lessons that investors need to be aware of from this experience. I don't consider myself to be an unusual customer, and if my experience is being replicated across the country, I've got some good news for a few companies, and some bad news for others.

    I Have This Problem
    Some people say I have a more »

  • Can the Office Retailers Survive?

    By Dana Blankenhorn - May 5, 2013 | Tickers: ODP, OMX, SPLS

    In a few months there will be two office “superstores” left, once Office Depot (NYSE: ODP) finishes its purchase of OfficeMax (NYSE: OMX) and begins its direct competition with Staples (NASDAQ: SPLS).

    The question for investors isn't which company will survive, but will any of them? Over the last year, five years, or 10 years, all three of these companies have been losing value and losing money.

    How can more »

  • Is The Home Improvement Market Still Building Value For Investors?

    By Nauman Aly - April 30, 2013 | Tickers: HD, LOW, ODP, OMX

    After several years in the housing market doldrums, the news is finally starting to get good. Since 2007, many consumers who were not in danger of losing a home to foreclosure still sat on the sidelines as values tumbled. Today, however, with news on the upswing, housing inventory is beginning to move again, and those who aren't buying are renovating. This is great news for the big box home more »

  • The Big Office Supply Merger Creates An Interesting Opportunity

    By Matthew Frankel - April 19, 2013 | Tickers: ODP, OMX, SPLS

    After announcing their intention to merge with OfficeMax Incorporated (NYSE: OMX), Office Depot (NYSE: ODP) initially spiked to around $6 per share, and wound up settling at around $5 for a little while.  Since then, however, shares have shed over 25% of their value, and are currently in the mid-$3 range.  With the cost savings expected from the merger, is this a chance to get in at a discount more »

  • An Activist Hedge Fund Is Bullish on These Stocks, Should You Buy?

    By Meena Krishnamsetty - April 19, 2013 | Tickers: CPWR, IDTI, ODP, PRGS, WPP

    If you belong to the school of thought that believes analyzing the fundamentals of a company is the best way to decide if it’s a worthy investment, you may want to take a look at Starboard Value’s top five picks. Founded by Jeffrey Smith in 2002, Starboard Value is a fundamental-oriented activist hedge fund that focuses on small cap stocks.

    It has grown the amount of assets it more »

  • The Big Office Supply Merger Creates An Interesting Opportunity

    By Matthew Frankel - April 17, 2013 | Tickers: ODP, OMX, SPLS

    After announcing their intention to merge with OfficeMax Incorporated (NYSE: OMX), Office Depot (NYSE: ODP) initially spiked to around $6 per share, and wound up settling at around $5 for a little while.  Since then, however, shares have shed over 25% of their value, currently in the mid-$3 range.  With the cost savings expected from the merger, is this a chance to get in at a discount?  When looking more »

  • Activist Hedge Fund Bullish On These Stocks. Should You Buy?

    By Meena Krishnamsetty - April 16, 2013 | Tickers: CPWR, IDTI, ODP, PRGS, WPP

    If you belong to the school of thought that believes analyzing the fundamentals of a company is the best way to decide if it’s a worthy investment, you may want to take a look at Starboard Value’s top five picks. Founded by Jeffrey Smith in 2002, Starboard Value is a fundamental-oriented activist hedge fund that focuses on small cap stocks. It has grown the amount of assets it more »

  • Selling Office Supplies Is Boring and Dangerous

    By Joshua Bondy - April 1, 2013 | Tickers: AMZN, ODP, OMX, SPLS

    Value investors are famous for seeking out boring and profitable business. The office supplies market is boring -- but it's not that profitable. However, while its competitors continue to suffer, Staples (NASDAQ: SPLS) remains the sector's one exception. 

    Has the Internet Changed Everything? 

    Critics often note that office supply specialty stores face stiff competition from online competitors. Consumers don't care if they get their printer paper from a more »

  • Office Supply: That Wasn't Easy

    By David Mercer - March 26, 2013 | Tickers: ODP, OMX, SPLS

    As an overall sector, retail is intensely competitive. In recent years, margins decreased for even the largest behemoths, such as Wal-Mart, Costco, and Target. Unfortunately, these losses were even more widespread in the office supply sub-sector. In light of these (recent) developments, analysts predict sector consolidation. Recently, Office Depot (NYSE: ODP) and OfficeMax (NYSE: OMX) announced their merger intentions. To be blunt, office supply struggled since the beginning of the more »

  • Office Supply Shake-Out: How to Play Staples, Office Depot, and OfficeMax

    By John Macris - March 20, 2013 | Tickers: ODP, OMX, SPLS

    With nine months remaining in the calendar year, 2013 has plenty of room left to earn accolades for the record books. For stock market investors, the year has already been earmarked as 1) "the year of the deal," with plenty of M&A activity, and 2) a definite time of transition for the office supply sector.

    Pencils, paper, and ink cartriges are a serious business. We entered the new year more »

  • Still a Good Investment After Revenue Miss and Merger News

    By Timothy Green - March 19, 2013 | Tickers: ODP, OMX, SPLS

    For a long time the office supply industry had three main players: Staples (NASDAQ: SPLS), Office Depot (NYSE: ODP), and Office Max (NYSE: OMX). After years of speculation the two smaller companies, Office Depot and Office Max, have agreed to merge with each other in an attempt to become more competitive. Staples does about $24 billion in annual revenue compared to a combined revenue of about $17.5 billion for more »

  • The Office Product Industry Is Getting Interesting!

    By Shas Dey - March 19, 2013 | Tickers: ODP, OMX, SPLS

    The office product industry has been hit by a weakening economy and low customer purchases. Furthermore, competition has increased as bigger retailers like Costco Wholesale and Wal-Mart Stores have entered this segment. Also, companies are facing stiff competition from the online retail giant Amazon.com. This has triggered a price war that is hurting margins.

    Staples (NASDAQ: SPLS) tumbled 7%, to $12.34, the lowest price since January 2013, as more »

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