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

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Staples, Inc. : Staples Makes Season Less Taxing with Free Copies of Tax Returns

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03/27/2012 | 01:55pm CET

Staples, Inc. (NASDAQ: SPLS) is making it easy for customers during tax season by offering free copies of tax returns and one-stop shopping on essentials such as tax-filing software and organizational products. Starting April 8 and continuing through tax-filing day on April 17, Staples Copy & Print Centers (with full service at all Staples locations) will provide savings to its customers by offering 30 pages of free tax return copies (15 double-sided sheets).

"We know the tax-filing season can be stressful, and we're here to make it easy for customers to reduce the time and energy it takes to prepare, file and save the necessary documents," said John Burke, senior vice president of business services, Staples, Inc. "Staples makes tax time easy by providing great customer service at our convenient retail locations, easy navigation on Staples.com, and opportunities to save on products, services and free copies."

Staples customers will find savings and one-stop-shopping on the top tax-filing software and other organizational products. This includes H&R Block and Turbo Tax software, featuring the basic, deluxe federal and state, premier/premium and home and business versions. These products will be offered at great prices throughout the entire season, and customers can refer to the weekly circulars now through April 17for even more savings.

Experts recommend keeping hard-copies of tax returns for at least three years. To help stay organized, the new Martha Stewart Home Office™ with Avery™ product line sold exclusively at Staples also makes for easy filing and organization at tax time. The line features beautiful accordion files which stand freely on a desk keeping important documents always within reach. Multiple tab placements mean labels are visible, allowing customers to quickly file papers at a glance. The large accordion files are great for saving past returns and forms.

Staples also provides additional organization options for customers, including Staples® BETTER® binders and dividers, Staples® One-Touch™ staplers, and Staples® Cascading Files. Staples offers a wide assortment of products to save tax information and documents electronically, including unique flash drives featuring characters from Angry Birds, Family Guy™ and the Simpsons™- all exclusive to Staples.

Consumers can also safeguard against identity theft at home or their office through shredding services at Staples or by investing in a shredder. Staples offers secure shredding through their Copy & Print Centers with partner Iron Mountain. Customers can drop off old documents at any Staples location for just $0.79 per pound. For those looking to shred in their own space, the fast and powerful Staples® 16 Sheet High-Speed Cross Cut Shredder will ensure that old tax worksheets remain anonymous.

About Staples

Staples is the world's largest office products company and a trusted source for office solutions. The company provides products, services and expertise in office supplies, copy & print, technology, facilities and breakroom, and furniture. Staples invented the office superstore concept in 1986 and now has annual sales of $25 billion, ranking second in the world in eCommerce sales. With 88,000 associates worldwide, Staples operates in 26 countries throughout North and South America, Europe, Asia and Australia, making it easy for businesses of all sizes, and consumers. The company is headquartered outside Boston. More information about Staples (Nasdaq: SPLS) is available at www.staples.com/media.

Staples, Inc.
Karen Pevenstein, 508-253-0879
Karen.Pevenstein@staples.com
or
Carrie McElwee, 508-253-1405
Carrie.McElwee@staples.com


© Business Wire 2012
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Financials ($)
Sales 2017 20 250 M
EBIT 2017 935 M
Net income 2017 -335 M
Debt 2017 163 M
Yield 2017 4,80%
P/E ratio 2017 -
P/E ratio 2018 11,06
EV / Sales 2017 0,33x
EV / Sales 2018 0,32x
Capitalization 6 473 M
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Mean consensus HOLD
Number of Analysts 15
Average target price 9,73 $
Spread / Average Target -2,2%
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Shira D. Goodman President, Chief Executive Officer & Director
Ronald L. Sargent Chairman
Christine T. Komola Chief Financial Officer & Executive Vice President
Thomas Conophy Chief Information Officer & Executive VP
Paul F. Walsh Independent Director
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