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 15, 2023 | Retail Articles
Nordstrom has appointed Cathy Smith as chief financial officer, effective May 29, it has announced. Smith joins Nordstrom from Bright Health Group where she was chief financial and administrative officer. She will supervise financial planning and analysis, accounting,...
by Mike Duff | Nov 9, 2022 | Retail Articles
Amazon announced that it has identified and disrupted three counterfeiting operations in China thanks to local Public Security Bureaus and intel provided by the company’s Counterfeit Crimes Unit. Law enforcement seized more than 240,000 counterfeit items in the...
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...
by Mike Duff | Jul 25, 2022 | Retail Articles
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...