Strong Sales, Leadership Changes, and Sustainability Efforts - Research Report on Walgreens, Staples, Office Depot, Barnes & Noble, and OfficeMax
NEW YORK, July 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Walgreen Company (NYSE: WAG), Staples, Inc. (NASDAQ: SPLS), Office Depot Inc. (NYSE: ODP), Barnes & Noble, Inc. (NYSE: BKS) and OfficeMax Inc. (NYSE: OMX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Walgreen Company Research Report
On July 3, 2013, Walgreen Company (Walgreens) announced that its sales for June 2013 increased 2.5% YoY to $5.8 billion, while comparable store sales for June 2013 increased 2.3% YoY. According to Walgreens, calendar day shifts negatively impacted total comparable sales by 1.5 percentage points, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 1.8 percentage points. Further, the Company said that total front-end sales increased 2.2% YoY while comparable store front-end sales increased 0.8% YoY. June pharmacy sales also increased 2.9% YoY while comparable store pharmacy sales increased 3.3% YoY and also increased 5.6% YoY on a calendar day-shift adjusted basis. On the date of the announcement, Walgreens stated that calendar 2013 sales to date increased 2.4% YoY to $35.9 billion, while FY 2013 (period ended August 31, 2013) year-to-date sales decreased 0.5% YoY to $59.9 billion. The Full Research Report on Walgreen Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/8a42_WAG]
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Staples, Inc. Research Report
On June 26, 2013, Staples, Inc. (Staples) announced that it has reached the milestone of 500 facilities certified by the US Environmental Protection Agency's (EPA) ENERGY STAR program. According to the Company, this represents its long-standing focus on sustainability across its business. The Company also announced its goal to reach 1,000 ENERGY STAR facilities by the end of 2016. Curt Spalding, Regional Administrator for U.S. EPA, said, "Staples is a stand-out leader in energy efficiency and demonstrates how businesses can save energy, save money and create a healthier environment." Staples earned EPA's ENERGY STAR Partner of the Year Award in 2013 for the third consecutive year. The Company also received Partner of the Year-Sustained Excellence Award, the EPA's highest ENERGY STAR Award. The Full Research Report on Staples, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/f374_SPLS]
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Office Depot Inc. Research Report
On July 5, 2013, Office Depot Inc. (Office Depot) unveiled the next phase of its anti-bullying collaboration with musical group One Direction, introducing an exclusive offering of back-to-school products. According to Office Depot, the limited-edition collection is now available at all its retail locations nationwide and on officedepot.com. Office Depot stated that the limited-edition products bring together images of the group (on an array of back-to-school necessities) with inspirational words of empowerment chosen by each member. Further, the Company stated that the images on the products also "come to life" using augmented-reality technology embedded in the Office Depot mobile app, which unlocks exclusive video content of the band. A percentage of the products' sales will be donated to support anti-bullying education. This collaboration is part of a larger campaign called "1D + OD Together Against Bullying," which kicked off with One Direction's U.S. concert series, sponsored by Office Depot. The Full Research Report on Office Depot Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ebd4_ODP]
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Barnes & Noble, Inc. Research Report
On July 8, 2013, Barnes & Noble, Inc. (Barnes & Noble) announced that William Lynch has resigned as the Company's Chief Executive Officer and director of the Company effective immediately. In addition, the Company announced the following organizational changes: Michael P. Huseby has been appointed Chief Executive Officer of NOOK Media LLC. President of Barnes & Noble Max J. Roberts and Chief Executive Officer of Barnes & Noble College will continue to lead the digital education strategy and report to Mr. Huseby, as well as the Executive Management team of NOOK Media. The Company also announced that Allen Lindstorm, Vice President and the Company's corporate Controller, has been promoted to Chief Financial Officer of the Company. Meanwhile, Kanuj Malhotra, Vice President of Corporate Development, has been promoted to Chief Financial Officer of NOOK Media LLC. The Full Research Report on Barnes & Noble, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/994e_BKS]
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OfficeMax Inc. Research Report
On July 3, 2013, OfficeMax Inc. (OfficeMax) announced that it has finalized a lease agreement to open Chicago's first OfficeMax Business Solutions Center in the city's business-rich Streeterville neighborhood later this summer. According to the Company, the currently unoccupied street-level space at 550 St. Clair Street will house approximately 3,900 square feet of retail space that will feature specially tailored business services, solutions, and products delivered by expert associates to help local entrepreneurs grow their businesses. Ravi Saligram, President and Chief Executive Officer of OfficeMax, said, "Through this differentiated, multi-channel model, a specialized Business Solutions Adviser will reside in-store, working alongside business customers to help them take their enterprises to the next level with robust services and solutions tailored to meet their individual business needs." The Full Research Report on OfficeMax Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/1abb_OMX]
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SOURCE Wall Street Reports
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