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4-Traders Homepage  >  Equities  >  Nasdaq  >  Staples, Inc.    SPLS

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Staples, Inc. : Boys & Girls Clubs of America and Staples Foundation Announce Winner of Second Annual Torch Bearer Award

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05/08/2012 | 02:00pm CEST

Boys & Girls Clubs of America (BGCA) and Staples Foundation, the private charitable arm of Staples, Inc., today announced Shay Cardenas as the recipient of the second annual Torch Bearer Award. The national award honors one Club professional who provides exemplary leadership as an advisor for the Boys & Girls Clubs' Torch Club, a character and leadership program for youth ages 11-13 that helps them develop into productive, caring and responsible citizens.

Shay Cardenas is an advisor and education director for the Torch Club of the Boys & Girls Club of Metro Denver Shopneck Branch in Brighton, Co., and serves as a mentor, helping pre-teen members plan and complete community service projects and civic engagement activities. The Torch Club program encourages positive self-esteem and personal growth; builds communication skills; reinforces academic achievement; and encourages the development of conscientious citizenship. Support from Staples Foundation enables the BGCA to provide training, programming and support of Torch Clubs to help meet the needs of pre-teens at a critical stage in their development.

Out of more than 1,600 Torch Clubs worldwide, Cardenas is being recognized for her dedication and commitment to the growth and development of her Club's youth. Cardenas' accomplishments include:

  • Leading Torch Club members to win multiple national awards over the years, including first-place in a national service competition called Linking Hearts and Hands for a project called "Just Like Me: Let's Do Something About It" that increased awareness and support for children with down syndrome; the project received recognition in a congratulatory article in USA Today
  • Receiving a merit award for "The Green Team Adventures" which included a superhero video to teach kids how to be green in everyday life; and a second-place education award for a "Math Friends" project which reinforced basic math skills.
  • Consistently going above and beyond to teach good behavior by leading by example, instilling values in Club members including respect, positivity, honesty and doing the right thing.
  • Acting as a role model for Club youth, demonstrating humility, responsibility, dedication, creativity and the value of simply helping others.
  • Consistently reinforcing the importance of education by personally instructing diversity and health classes, tutoring youth and always striving to make a difference by assisting those struggling academically.

"We're so proud to honor Shay with the second annual Torch Bearer award for her commitment to serving as a positive role model to hundreds of local young people," said Kelvin Davis, senior director of character and citizenship for BGCA. "While providing educational and character-building opportunities, she holds her Club members to high standards while creating fun, memorable activities that teach life lessons, making the Torch Club experience one that these young people will carry with them throughout their lives."

Nihal Turgut, General Manager of Staples in San Diego, presented Cardenas with the national award, which included a $5,000 prize to benefit her as well as her Boys & Girls Club and Torch Club, at the 106th annual BGCA National Conference in San Diego on May 3.

"As a national supporter of Torch Clubs for 10 years, Staples is honored to recognize Shay for all her accomplishments and dedication to making a positive impact in the lives of today's youth," said Emily McCann, manager of community relations for Staples, Inc. "Torch Clubs help youth build character and leadership skills and at the heart of every Torch Club member is an advisor that helps them realize their full potential. Shay encourages and inspires her members to work toward a brighter, more promising future, and emulates all of the positive qualities that Torch Clubs represent."

About Boys & Girls Clubs of America

For more than 100 years, Boys & Girls Clubs of America (GreatFutures.org) has enabled young people most in need to achieve great futures as productive, caring, responsible citizens. Today, nearly 4,000 Boys & Girls Clubs serve some 4 million children and teens through Club membership and community outreach. Clubs are located in cities, towns, public housing and on Native American lands throughout the country, and serve military families in BGCA-affiliated Youth Centers on U.S. military installations worldwide. Clubs provide a safe place, caring adult mentors, fun and friendship, and high-impact youth development programs on a daily basis during critical non-school hours. Priority programs emphasize academic success, good character and citizenship, and healthy lifestyles. In a Harris Survey of alumni, 57 percent said the Club saved their lives. National headquarters are located in Atlanta. Learn more at bgca.org/facebook and bgca.org/twitter.

About Staples Community and Giving

Staples contributes to educational and youth-oriented community efforts, from literacy and mentoring to career skills development, through in-kind and monetary donations and grants from Staples Foundation, the private charitable arm of Staples, Inc. Through its community and giving efforts, Staples and Staples Foundation have helped more than 6,000 organizations in 2,000 communities across 27 countries. Community and Giving is also an integral component of Staples Soul, which recognizes the connection between long-term business success and the impact Staples has on associates, communities and the planet. For more information, visit www.staples.com/community.

For Staples Foundation
Emily McCann, 508-253-0203
Emily.McCann@staples.com
or
Brooks Wallace, 781-559-0426
Brooks.wallace@rfbinder.com
or
For Boys & Girls Clubs of America
Nicole Sutton, 404-487-5962
nsutton@bgca.org


© Business Wire 2012
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Financials ($)
Sales 2017 20 423 M
EBIT 2017 930 M
Net income 2017 531 M
Debt 2017 991 M
Yield 2017 5,26%
P/E ratio 2017 10,74
P/E ratio 2018 9,87
EV / Sales 2017 0,34x
EV / Sales 2018 0,32x
Capitalization 5 862 M
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Mean consensus HOLD
Number of Analysts 16
Average target price 9,64 $
Spread / Average Target 6,2%
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Shira D. Goodman Chief Executive Officer
Ronald L. Sargent Chairman
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Thomas Conophy Chief Information Officer & Executive VP
Paul F. Walsh Independent Director
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