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Diamond Hill Comments on Staples Inc.

October 23, 2012 | About:
Holly LaFon

Office products retailer Staples, Inc. (SPLS) reported disappointing second quarter results. Subsequently, analysts lowered Staples' future revenue and earnings estimates based on the belief that Staples' problems are ongoing, a view which we do not share. We believe Staples' stock offers a compelling return given the company's plan to reduce operating expenses and restructure its business lines.

From Diamond Hill Capital's Third Quarter Small-Mid Cap Fund Commentary.


Rating: 3.1/5 (7 votes)

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