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Archived Press Releases 2004

  • 3/4/04 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today it will initiate an annual cash dividend. The first dividend of $0.20 per share of outstanding common stock will be payable on May 17, 2004, to shareholders of record on April 26, 2004. The company also announced its Board of Directors has authorized the repurchase of up to $1 billion of its common stock over the next two years. The company expects to repurchase approximately $400 million ofmore...
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  • 3/4/04 7:00 am EST

    Net Income Rose 29 Percent and Revenues Increased 10 Percent in
    the Fourth Quarter

    North American Retail Comparable Sales Rose Four Percent for the
    Quarter and Full-Year

    Company to Initiate First-Ever Cash Dividend and Commence Stock
    Repurchase Program

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the results for its fourth quarter and full-year ended January 31, 2004. For the fourth quarter, net income rose 29 percent, compared to the same quarter of 2002. Diluted earnings per share were $0.42 for the quarter, exceeding analyst expectations of $0.41. This is a 20 percent increase over the $0.35 per share achieved in the prior fourth quarter. Total company operating margins rose to 9.26 percentmore...
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  • 3/3/04 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the appointment of Gary L. Crittenden, Executive Vice President and Chief Financial Officer, American Express Company to its board of directors. "Gary's wealth of financial expertise and deep knowledge of the retail industry make him a perfect addition to our strong board of directors," said Ron Sargent, president and CEO of Staples. At American Express, Crittenden advises onmore...
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  • 3/2/04 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq:SPLS) will hold its quarterly conference call to discuss fourth quarter and fiscal 2003 results on Thursday, March 4, 2004 at 8:00 a.m. Eastern Time (7 a.m. Central Time). This call is being webcast by CCBN and can be accessed at Staples' Web site at www.staples.com. The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individualmore...
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  • 2/23/04 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the promotion of Jay Baitler to executive vice president of Staples Contract, North American Delivery. Baitler, previously senior vice president, will continue to drive Contract's industry-leading growth in providing office supply solutions to medium- and large-sized organizations. "Jay's tremendous leadership over the past nine years has been instrumental in making Staples Contract ourmore...
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  • 2/23/04 7:00 am EST
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples, Inc. (Nasdaq: SPLS) announced today the promotion of Scott Floeck to chief information officer (CIO). Paul Gaffney, who was CIO, moves to the newly created role of executive vice president of supply chain. "As CIO, Scott will apply his proven leadership skills to drive Staples' productivity and make shopping at Staples easy through a disciplined use of technology," said Ron Sargent, Staples president and CEO. "In his newmore...
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  • 2/9/04 7:00 am EST

    Staples Invites America to Cast Their Vote for the Next Breakthrough
    Office Product at www.staples.com/iq

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Invention Quest(TM) -- the first national search for America's next great office product -- comes one step closer to its conclusion today with the announcement of 12 finalists from around the nation. Who will be the next invention idol? People across the country will help decide. Between February 7 and March 1, Americans are invited to cast a vote for their favorite new office product idea from among the finalists' submissions at www.more...
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  • 1/24/04 7:00 am EST
    CINCINNATI--(BUSINESS WIRE)--The pressure's on! Ryan Dake of Indianapolis, IN, presents his idea for the Ultimate Ruler to a panel of judges at a regional semifinal event for Staples Invention Quest held in Cincinnati on Saturday. Staples Invention Quest is the first national search for a new office product to make work-life easier. Over 8,000 inventors from across the country submitted ideas. Dake is one of 100 semifinalists vying for the $25,000 grand prizemore...
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  • 1/24/04 7:00 am EST
    ATLANTA--(BUSINESS WIRE)--Staples Invention Quest(TM) was launched on September 25, 2003. One hundred semifinalists were awarded a $100 Staples gift card. Twelve finalists will be selected by February 7, 2004 and will receive a trip for two to New York City for the Invention Quest finals on March 10, 2004. An expert panel of inventors and entrepreneurs will decide who walks away with the $25,000 grand prize. Eleven finalists will receive a $5,000 cash prize. Additionallymore...
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  • 1/24/04 7:00 am EST
    BOSTON--(BUSINESS WIRE)--Staples Invention Quest(TM) was launched on September 25, 2003. One hundred semifinalists were awarded a $100 Staples gift card. Twelve finalists will be selected by February 7, 2004 and will receive a trip for two to New York City for the Invention Quest finals on March 10, 2004. An expert panel of inventors and entrepreneurs will decide who walks away with the $25,000 grand prize. Eleven finalists will receive a $5,000 cash prize. Additionallymore...
    English

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