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Office Depot, OfficeMax Parent Reveals Preliminary Q2 Financials

Office Depot, OfficeMax Parent Reveals Preliminary Q2 Financials

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...
Office Depot, OfficeMax Parent Reveals Preliminary Q2 Financials

ODP Rejects Sale, Spin-Off of Consumer Business Including Office Depot

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 —...
Office Depot, OfficeMax Parent Reveals Preliminary Q2 Financials

Office Depot Parent Beat Analyst Expections in Q1

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...
Office Depot, OfficeMax Parent Reveals Preliminary Q2 Financials

Office Depot Adds Same Day Instacart Delivery

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...
Office Depot, OfficeMax Parent Reveals Preliminary Q2 Financials

Office Depot Parent Sheds CompuCom Amid Focus on Smaller Businesses

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...
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