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OfficeMax, Inc.

  • A Look at the Office Supply Retailers

    By Damon Churchwell - June 14, 2013 | Tickers: ODP, OMX, SPLS

    I had 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 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 »

  • 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 »

  • 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 »

  • 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 »

  • 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 »

  • Merger of Office Supply Retailers?

    By Mike Thiessen - March 18, 2013 | Tickers: ODP, OMX, SPLS

    In late February, U.S. office-supply rivals Office Max (NYSE: OMX) and Office Depot (NYSE: ODP) made the exciting but largely expected announcement that they were in advanced talks to execute a so-called "merger of equals." Their combination would create a company with annual revenues of around $18 billion and an employee count of nearly 60,000. The announcement comes after a difficult year for both companies. Facing significant declines more »

  • The True Winner in the Office Max/Office Depot Merger

    By William DeRosa - March 15, 2013 | Tickers: AMZN, ODP, OMX, SPLS

    Recently, Office Max (NYSE: OMX) and Office Depot (NYSE: ODP) announced a $1 billion merger in an effort to consolidate businesses in a struggling industry. Let me get straight to the point: This was a merger for survival ... period. Does anyone remember Hewlett Packard buying Compaq? It's eerily similar, with two inferior competitors banding together out of desperation. I was actually expecting one or both to eventually go under more »

  • Why the Office Supply Industry Is so Hot

    By Masam Abbas - March 7, 2013 | Tickers: ACCO, ODP, OMX

    Certain industries have recently been closely watched by the Street as having great potential for consolidation. The merging of different players within an industry has been happening for different reasons. For example, potential sequestration has been responsible for consolidation in the defense industry. Similarly, the Street views saturation as the main reason for potential industry consolidation in the office supply retail industry. In this context, thr following stocks need special more »

  • Staples Inc. – Is it investment worthy ??

    By Ashish Agarwal - March 7, 2013 | Tickers: AMZN, ODP, OMX, SPLS

     

    Boston based Staples Inc. (NASDAQ: SPLS) is the world’s largest office products company and second largest internet retailer. Staples Inc serves customers of all sizes and operates throughout America, Asia, Europe, Australia & New Zealand. The office supplies major has recently declared a $0.12 per share cash dividend for quarter ended Feb 2, 2013 (9% increase over the previous quarterly dividend).

    The Recent Performance

    For the quarter ended Feb more »

  • The War for the Supply Closet - Can Staples Stave Off Invasion?

    By Jay Jenkins - March 6, 2013 | Tickers: AMZN, ODP, OMX, SPLS

    In the wake of the recent announcement of merger talks between Office Depot (NYSE: ODP) and OfficeMax (NYSE: OMX), pundits and analysts have increasingly weighed in on the future of the largest office supply chain, Staples (NASDAQ: SPLS). After watching shares decline 45% over the past three years, contrarians are piling on and sounding the horn for a turnaround.

    While turnaround stories make great press (who doesn't love reading more »

  • Buy Staples for 25% Upside

    By Masam Abbas - March 5, 2013 | Tickers: ODP, OMX, SPLS

    Recently, I wrote an article on the merger of Office Depot (NYSE: ODP) and OfficeMax (NYSE: OMX). I discussed in detail how the merger’s premature announcement led to a massive rise in the respective stocks the day the announcement was put on Office Depot’s website. However, the stocks have been falling since the formal announcement of a merger given that many important details were not given to investors more »

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