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Diamond Hill Comments on Staples Inc.

October 23, 2012 | About:

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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