Can't see why institutions are here, for the dividend and rainbow after the storms? Free fright and too many stores with high overhead doesn't add up. How long can they continue to buy new business at shareholders expense?
Lowest stock price in over 5 years! Just received a card in the mail for $25 off with a $75 order and free freight. Investors should feel REAL good about their efforts to buy business at a loss in a declining market.
"Our second quarter results fell short of our expectations due to softer than expected sales trends in North America and ongoing weakness in Europe and Australia,” said Ron Sargent, Staples’ chairman and chief executive officer."
How much longer should we sit back and wait. this arrogant POS company has lost its way yet RS blindly stands behind his management team and makes no attempt to change course or bring in new ideas. When none of the companies entities has a good quarter (NAD, International, Retail etc) has any momentum to hang on to, that points clearly to lack of leadership and strategy. Am i missing the boat here?