I am considering shorting SPLS with its PE of 40 and PEG of 1.39. Then buying ODP with its PE of 16 and PEG of .79. It seems that ODP and SPLS are almost identical chains. I never seem to remember which is which when I go buy office supplies. It also seems that either ODP is undervalued or SPLS is overvalued. Any constructive comments welcomed.
Once again you dwell on your past experience there. My good friend who works for their contract division has an excellent shot at breaking six figures this year(and I have seen the paychecks). This division is now running stronger than ever. I know it is hard to admit you made a bad move, but hey move on!
What division does she work for. SBA doesn't usually offer these types of incentives. They also do not pay real well. This segment has become a churner of humanity. You should check into the SPLS alumni club, which is quite large. Not alot of real nice things being said there. They do not care about their people and they do not treat them well. Been there....done that
My sister is a salesperson for Staples, calling on and opening industrial and business accounts. She did well, and won an award... 1 week cruise with other top sellers for the company. She really enjoyed her carribean Cruise, and is very loyal to the company. That seems to be the right approach... building satisfied salespeople who will continue to be motiovated to see the company grow.
I've know office supply salesmen that made over $120,000 a year, because they had a major city's Public Schools, and some big business accounts. He was getting real rich. I don't think Staples pays that lucratively, but they pay well, and manage their people well. It is a well run company.