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not well managed at all. worst decision they ever made was to buy Corp. Express. took down the company and stopped all momentum cold. also, very poorly managed integration that crushed employee morale worldwide and affected customer service and core values negatively. lost a ton of customers and momentum. doesn't help that the industry is dying
They don’t want you to know about LionStockAlerts because these guys are the
real deal. They only alert solid momentum stocks, NO BS…
You are spot on. The question is management and I believe management got distracted and should be embarrassed by the fact. Pay for a failed merger? Whoever thought/agreed to that should not be seeing a raise until THEY have paid for it. All this said... Staples has a long history of success and paying dividends. Very little reason to think that will change. They need to put this in the rear view mirror and get back to issues like to many stores and how to grow profit. They are the leader in the sector and need to remind everyone why. I will be buying as much as i can at this price!
Sentiment: Strong Buy