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ODP Q3 2023 Earnings Report

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$24.78 +0.42 (+1.72%)
As of 01/17/2025 04:00 PM Eastern

ODP EPS Results

Actual EPS
$1.88
Consensus EPS
$1.60
Beat/Miss
Beat by +$0.28
One Year Ago EPS
$1.48

ODP Revenue Results

Actual Revenue
$2.01 billion
Expected Revenue
$2.04 billion
Beat/Miss
Missed by -$30.94 million
YoY Revenue Growth
-7.50%

ODP Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

ODP Earnings Headlines

Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong
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About ODP

ODP (NASDAQ:ODP) provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis. The ODP Business Solutions division offers adjacency products, including cleaning, janitorial, and breakroom supplies, office furniture, technology products; and copy and print services through sales force, catalogs, telesales, and through Internet websites. This segment also engages in office supply distribution business. The Office Depot division sells office supplies, technology products and solutions, business machines and related supplies, cleaning, breakroom and facilities products, personal protective equipment, and office furniture; and offers business services, including copying, printing, digital imaging, mailing, shipping, and technology support services through a fully integrated omni-channel platform of 980 Office Depot and OfficeMax retail stores, and through www.officedepot.com. The Veyer division engages in supply chain, distribution, procurement, and global sourcing operations. The Varis division operates tech-enabled B2B indirect procurement marketplace, where buyers and suppliers to transact through the platform's consumer-like buying experience, advanced spend management tools, network of suppliers, and technology capabilities. The company offers its products under various brands, including Office Depot, OfficeMax, and Grand&Toy, as well as others. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida.

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