The ODP Corporation (ODP)
| Market Cap | 1.52B |
| Revenue (ttm) | 8.69B |
| Net Income (ttm) | -206.00M |
| Shares Out | 49.20M |
| EPS (ttm) | -3.96 |
| PE Ratio | n/a |
| Forward PE | 7.79 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 810,742 |
| Open | 30.06 |
| Previous Close | 29.98 |
| Day's Range | 29.74 - 31.36 |
| 52-Week Range | 28.85 - 50.29 |
| Beta | 1.85 |
| Analysts | Sell |
| Price Target | 51.00 (+65.0%) |
| Earnings Date | Aug 3, 2022 |
About ODP
The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in two divisions, Business Solutions and Retail. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the... [Read more...]
Financial Performance
In 2021, ODP's revenue was $8.47 billion, a decrease of -4.59% compared to the previous year's $8.87 billion. Losses were -$208.00 million, -34.80% less than in 2020.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ODP stock is "Sell." The 12-month stock price forecast is 51, which is an increase of 65.05% from the latest price.
News
ODP Faces Challenges, but Is Cheap
The post-pandemic return to office phenomenon may create some interesting investment opportunities. Many major companies, from Tesla ( TSLA , Financial) to JPMorgan Chase ( JPM , Financial) have indicat...
Why ODP Stock Is Plunging 14% Today
The office supplies retailer is suffering from a bout of separation anxiety.
Office Depot Parent Rejects Bids, Says Retail and B2B Office Supply Biz Is ‘Better Together'
A multi-year process that would have put Staples, Office Depot, OfficeMax and more than a half dozen other related wholesale brands under one roof was officially rejected Tuesday (June 21), as the board...
ODP Corp. will hang on to its consumer business under common ownership
ODP Corp. ODP, +0.37% said Tuesday that it will not sell its consumer business after all, and will instead hold on to it under common ownership with its other business units. ODP recently completed the ...
The ODP Corporation Completes Realignment of Operating Business Entities to Better Serve Customers
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP) (“ODP” or the “Company”), a leading provider of business services, products and digital workplace technology solutions through an inte...
Elevate Together® Initiative Expands to Minneapolis With Support of Taylor Corporation
NORTH MANKATO, Minn.--(BUSINESS WIRE)-- #ElevateSmallbiz--Taylor Corporation has joined a coalition of like-minded companies, including The ODP Corporation, JPMorgan Chase and NCR Foundation, to support...
The ODP Corporation Announces Appointment of David Centrella as Executive Vice President and as President of ODP Busi...
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...
The ODP Corporation Announces First Quarter 2022 Results
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an in...
The ODP Corporation to Announce First Quarter 2022 Earnings Results Wednesday, May 4, 2022
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...
Office Depot Celebrates Organizations for Their Leadership in Greener Purchasing
BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, a wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutio...
Office Depot Celebrates 5th Annual ‘Depot Day of Service' With $250,000 Donation to Boys & Girls Clubs of America
BOCA RATON, Fla. & ATLANTA--(BUSINESS WIRE)-- #depotdifference--Office Depot, a wholly owned subsidiary of The ODP Corporation (NASDAQ:ODP), will kick off the company's fifth annual Depot Day of Service...
Instacart Partners With Office Depot to Offer Same-Day Delivery of Office and School Supplies
New Relationship Gives Instacart Customers Access to Same-Day Delivery from more than 1,000 Office Depot and OfficeMax Stores Nationwide SAN FRANCISCO and BOCA RATON, Fla. , March 17, 2022 /PRNewswire/ ...
The ODP Corporation Announces Appointment of Sarah E. Hlavinka as General Counsel of Office Depot, LLC
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...
Kevin Moffitt, EVP and Chief Retail Officer for The ODP Corporation, to Present Keynote Speech at eTail Palm Springs ...
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...
Office Depot parent ODP tops estimates for fourth quarter
The ODP Corp. ODP, -3.13% said Wednesday it had net income of $32 million, or 61 cents a share, in the fourth quarter, up from $31 million, or 57 cents a share, in the year-earlier period. Adjusted per-...
The ODP Corporation Announces Fourth Quarter and Full Year 2021 Results
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an in...
ODP's Q4 Earnings Top Estimates
ODP Corp (NASDAQ: ODP) reported a fourth-quarter FY21 sales decline of 2% year-on-year, to $2.04 billion, beating the Street view of $1.98 billion. Business Solutions Division sales rose 2% Y/Y to $1.2 ...
The ODP Corporation to Announce Fourth Quarter and Full Year 2021 Earnings Results Wednesday, February 23, 2022
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution p...
Brit + Co Launches Selfmade Season Six in Collaboration with Office Depot to Help Women Start and Grow the Businesses...
SAN FRANCISCO & BOCA RATON, Fla.--(BUSINESS WIRE)-- #Entrepreneur--Brit + Co and Office Depot will continue to provide opportunities for female entrepreneurs with Selfmade, Brit + Co's 10-week virtual s...
Office Depot Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index
BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot received a perfect score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index.
Office Depot parent delays spin-off after new offer for consumer business
ODP Corp said on Friday it had decided to delay its previously announced plans to split into two public companies to mull over sale offers for its consumer business, sending its shares up 10%.
The ODP Corporation Delays Public Company Separation to Evaluate Potential Sale of Its Consumer Business
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an inte...
The ODP Corporation Announces Sale of Its CompuCom Subsidiary in Transaction Valued up to $305 Million
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution...
Best Buddies International Partners With Office Depot to Employ Individuals With Intellectual and Developmental Disab...
MIAMI--(BUSINESS WIRE)-- #DEI--Best Buddies International is partnering with Office Depot to hire participants from Best Buddies jobs programs throughout Florida and California.
The ODP Corporation Announces $150 Million Accelerated Share Repurchase and $150 Million Increase in Its Existing Sto...
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution ...