by Mike Duff | Feb 29, 2024 | Retail Articles
ODP Corp., parent of Office Depot and OfficeMax, registered a beat on earnings in the fourth quarter while announcing Project Core, a move to streamlining operations, reemphasize the main business and increase shareholder returns. Net loss from continuing operations...
by Mike Duff | Aug 9, 2023 | Retail Articles
The ODP Corp., parent of Office Depot, beat a Wall Street earnings estimate, although second-quarter revenue didn’t meet expectations. Net income from continuing operations was $34 million, or 87 cents per diluted share, versus $20 million, or 39 cents per diluted...
by Mike Duff | May 10, 2023 | Retail Articles
The ODP Corp., Office Depot’s parent company, had a solid start to the fiscal year with first-quarter financials surprising Wall Street even as its retail division lagged a bit. Net income from continuing operations was $72 million, or $1.71 per diluted share, versus...
by Mike Duff | Mar 20, 2023 | Retail Articles
In support of its small business and work-at-home customers, Office Depot has rolled out a new brand platform called Imagine Success, launched a sweepstakes and revealed the results of a survey focused on woman-run small businesses. Office Depot designed Imagine...
by Mike Duff | Nov 3, 2022 | Retail Articles
Even as the company announced third-quarter earnings that fell short of a Wall Street estimate, ODP Corp. made its case to investors regarding how its realigned structure would drive financial advances. In the third quarter, ODP net income from continuing operations...