This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
As the biggest office supply company in the world,
Staples(SPLS) enjoys some scale advantages that its peers don't. The firm boasts more than 2,000 stores in 25 countries, as well as an absolutely massive online presence, weighing in as the second-largest online retailer in the world by sales.
Right now, the firm's biggest business is delivering supplies straight to North American businesses -- but North American retail still makes up a huge chunk of the firm's total revenues. The upside to that is the idea that Staples has some room for upward expansion in its international operations, an area that's already been fuelling reasonably strong growth lately.
In the shorter-term, improved efficiencies should have the biggest positive impact on Staples' bottom line.
The firm is in solid financial shape -- and it throws plenty of cash off from its operations. For investors, that's helped to fuel the 10% dividend increase that management announced on Tuesday. The move brings Staples' payout to 11 cents per share, a 2.86% yield on the firm's current share price.
Staples, one of the
top-yielding specialty retail stocks, is one of
Bridgewater Associates' top holdings.