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Diamond Hill Capital Comments on Staples

January 15, 2014 | About:
Holly LaFon

Holly LaFon

249 followers
We initiated a new position in office products retailer Staples, Inc. (SPLS). Our view is that the company has a market leading position, the ability to generate strong free cash flow, and a strong balance sheet. Additionally, strategic initiatives to close stores and focus efforts on driving sales online and industry consolidation further support our thesis.

From Diamond Hill Capital (Trades, Portfolio) Large Cap Fund third quarter 2013 commentary.


Rating: 2.5/5 (6 votes)

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