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Earnings Watch: 5 Crummy Retail Stocks on Deck

Even beat-and-raise earnings won't change the thesis on these struggling retail stocks, which have more losses to come

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Staples (SPLS)

Staples Inc SPLS stock retail stocksStaples (SPLS) reports first-quarter earnings Tuesday morning, and for the sake of anyone holding SPLS stock, the company had better offer up some positive surprises. SPLS stock is down 17% year-to-date.

Office supply retailers have long seen their market eroded by online rivals, notably Amazon (AMZN). That’s why Office Depot (ODP) merged with OfficeMax last year.

That all adds up to more pain for SPLS stock.

Staples earnings are forecast to fall to 21 cents a share from 26 cents a year ago, according to Thomson Reuters. Revenue is projected to fall 3.4%.

And that’s the way it looks to be for a long time. SPLS is expected to suffer declining sales and profits through 2015 at least.

A beat-and-raise quarter sure would help SPLS stock, but that might be too much to wish for.

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