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...
by Mike Duff | Jun 22, 2022 | Retail Articles
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 —...
by Mike Duff | May 5, 2022 | Retail Articles
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...
by Mike Duff | Mar 21, 2022 | Home + Housewares, Retail Articles
To speed products to its customers, and its small business and working at home customers particularly, Office Depot will offer same-day delivery from more than 1,000 of its namesake and OfficeMax stores across the United States through Instacart. As it broadens the...
by Mike Duff | Jan 3, 2022 | Furniture, Retail Articles
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...