ODP Corp. (ODP) News
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ODP News Highlights
- ODP's 30 day story count now stands at 18.
- Over the past 24 days, the trend for ODP's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- The most mentioned tickers in articles about ODP are BEAT, THC and ROSE.
Latest ODP News From Around the Web
Below are the latest news stories about ODP Corp that investors may wish to consider to help them evaluate ODP as an investment opportunity.
ODP''s Q4 Earnings Top EstimatesODP 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 billion, and Retail division sales decreased 7% to $885 million. Adjusted EPS of $0.71 beat the consensus of $0.49. The gross profit declined 4.2% Y/Y to $432 million with a margin of 21.2%. Adjusted Full story available on Benzinga.com |
Office Depot parent ODP tops estimates for fourth quarterThe ODP Corp. 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-share earnings came to 71 cents, well ahead of the 49 cent FactSet consensus. Sales edged down to $2.042 billion from $2.085 billion, also ahead of the $1.983 billion FactSet consensus. The parent of Office Depot and OfficeMax business staples stores said the beat came against a macroeconomic backdrop challenged by supply chain constraints, inflation, and a slower pace of back-to-office trends, and it was able to raise prices to offset some of those. "Additionally, we advanced our new digital platform business, Varis, and remain very encouraged about our early progress," CEO Gerry Smith said in a sta... |
The ODP Corporation Announces Fourth Quarter and Full Year 2021 ResultsBOCA 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 integrated B2B distribution platform, today announced results for the fourth quarter and full year ended December 25, 2021. Consolidated (in millions, except per share amounts) (1) 4Q21 4Q20 FY21 FY20 Sales $2,042 $2,085 $8,465 $8,872 Sales change from prior year period (2)% (5)% Operating inco |
Osino Discovers Highest-Grade Shoot to Date at Twin Hills Gold Project, Namibia Drills 69m @ 2.06g/t below PEA Pit EnvelopeFigure 1 Twin Hills mineral resource drill collars with high grade assays at THC Figure 2 Section through THC indicating OKD355 and location of relative to MRE and PEA pit shells Figure 3 Section through THC, east of high-grade OKD355, showing near surface mineralization in OKD329 Photo 1 OKD355 Relationship of bedding and cleavage parallel veins Photo 2 Extensional veinlets refracting across interbedded sandy and mica-rich units Highlights Step-out drilling at Twin Hills Central north margin in |
ODP Q4 2021 Earnings PreviewThe ODP Corporation (NASDAQ:ODP) is scheduled to announce Q4 earnings results on Wednesday, February 23rd, before market open.The consensus EPS Estimate is $0.49 (-10.9% Y/Y) and |
Colliers Securities Maintains a Buy Rating on ODP (ODP)E ratio of 29.92. |
Elevate Together™ Initiative Raises Nearly $2.3 Million in First Year to Foster Growth and Profitability for Black- and Hispanic-Owned Small BusinessesBOCA RATON, Fla., February 15, 2022--Elevate Together™ powered by Round It Up America®, a nonprofit initiative founded by The ODP Corporation (NASDAQ:ODP), today announced that nearly $2.3 million was raised during the program’s inaugural year in support of its mission to help accelerate the creation, growth and prosperity of Black- and Hispanic-owned small businesses. |
The ODP Corporation to Announce Fourth Quarter and Full Year 2021 Earnings Results Wednesday, February 23, 2022BOCA RATON, Fla., February 09, 2022--The ODP Corporation (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, will announce fourth quarter and full year 2021 financial results before the market open on Wednesday, February 23, 2022. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general |
Brit + Co Launches Selfmade Season Six in Collaboration with Office Depot to Help Women Start and Grow the Businesses of Their DreamsSAN FRANCISCO & BOCA RATON, Fla., February 07, 2022--Brit + Co and Office Depot will continue to provide opportunities for female entrepreneurs with Selfmade, Brit + Co’s 10-week virtual startup school. |
Is it Still Worth It to Invest in ODP Corporation (ODP)?Greenlight Capital, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here. An annual return of 11.9% was recorded by the fund for the whole year 2021, compared to the 28.7% of the S&P 500 index for the same period. Spare some time to check the […] |