The ODP Corp, parent of Office Depot and OfficeMax, has announced preliminary unaudited results for the second quarter of 2022 including adjusted net income from continuing operations in the range of $38 million to $40 million; and adjusted diluted earnings per share...
The ODP Corp. board of directors has completed a previously announced review of the public and private non-binding proposals the company has received about acquiring its consumer business — including the Office Depot and OfficeMax retail stores, and officedepot.com —...
For the first quarter, ODP Corp, which operates the Office Depot and OfficeMax superstore chains, posted earnings and revenues that surpassed Wall Street expectations. Net income from continuing operations was $55 million, or $1.09 per diluted share, the company...
The ODP Corp., which operates Office Depot and OfficeMax stores, announced the company has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million. The move is part of an overall plan by ODP to sharpen its...
As it pursues a bigger chunk of the office supply market, Staples has reaffirmed its June 4 proposal to Office Depot parent The ODP Corp. to acquire its consumer business for a cash purchase price of $1 billion, with Staples saying it has made substantial progress...