The Odp Corp Stock Price, News & Analysis

Office Depot (NASDAQ: ODP) has launched its new "15-Minute Pickup Promise" service nationwide, offering customers in-store and curbside pickup for online and mobile orders within 15 minutes. If orders aren't ready within this timeframe, customers receive a $15 coupon for their next qualifying purchase.

The company has also enhanced its shopping services with additional features including same-day delivery for $4.99, same-day printing services, and buy now, pay later options through PayPal. The initiative aims to streamline the shopping experience for small business, home office, and education customers.

The ODP Corporation (NASDAQ:ODP) has established a strategic partnership with OMNIA Partners, the nation's largest group purchasing organization, to provide hospitality-focused products and services through its ODP Business Solutions division.

The agreement targets the $16 billion hospitality segment, enabling OMNIA Partners members to access high-quality linens, terry cloth towels, bathroom amenities, and other in-room supplies. The partnership aims to deliver enhanced purchasing power, streamlined procurement, and cost savings for hospitality operators while expanding ODP's presence in the sector.

The ODP Corporation (NASDAQ:ODP) reported Q2 2025 results with total revenue of $1.6 billion, down 8% year-over-year. The company achieved break-even GAAP earnings per share and adjusted EPS of $0.51. Operating income was $9 million with adjusted EBITDA of $47 million.

The company's performance was marked by improved trends in both consumer and B2B segments. The ODP Business Solutions Division saw a 200-basis point improvement in revenue trends, while the Office Depot Division showed better same-store sales performance despite operating with 60 fewer retail locations. The company generated $13 million in adjusted free cash flow, a 160% increase from the previous year.

Notable progress was made in the hospitality sector expansion, with approximately 1,000 new hotel properties onboarded during the quarter. The company maintained strong liquidity of $658 million, including $177 million in cash and cash equivalents.

The ODP Corporation (NASDAQ:ODP), a provider of business and consumer products, services, and technology solutions, has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6th, 2025, before market open.

The company will host an analyst and investor conference call at 9:00 am Eastern Time on the same day. The webcast will be accessible through ODP's Investor Relations website, with supplemental materials and a replay available approximately two hours after the event.

Office Depot (NYSE:ODP) has launched its Back-to-School campaign featuring significant savings and exclusive deals. The company is offering school essentials starting at 25 cents, with hundreds of items priced under $3. Key highlights include 20-minute in-store pickup, same-day delivery for $4.99, and exclusive rewards for teachers offering 25% back in bonus rewards through September 27.

The retailer is implementing various initiatives including price matching with competitors, free store pickup, and buy-now-pay-later options through PayPal. Since 2020, Office Depot has raised nearly $20 million for local Title I public schools through its partnership with Round It Up America®. The company is also supporting teachers at high-need K-12 schools nationwide through its Start Proud!® program.

ODP Corporation reported Q1 2025 results with revenue of $1.7 billion, down 9% year-over-year. The company posted a GAAP operating loss of $32 million and net loss of $29 million ($(0.97) per share). On an adjusted basis, EPS was $1.06 and EBITDA reached $76 million. Operating cash flow improved to $57 million, with adjusted free cash flow of $45 million. Key developments include: - Office Depot Division sales declined 11% due to 46 fewer retail locations and lower demand - ODP Business Solutions revenue fell 8% to $852 million amid weak business spending - Veyer Division achieved 89% growth in third-party customer sales - Secured significant hospitality industry partnerships and new B2B contracts - Maintained strong liquidity position of $653 million, including $185 million in cash

The ODP (NASDAQ:ODP), a provider of products, services, and technology solutions to businesses and consumers, has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7th, 2025, before market open.

The company will host a webcast conference call with financial analysts and investors at 9:00 am Eastern Time on the same day. The webcast will be accessible via ODP's Investor Relations website at investor.theodpcorp.com, with a replay available approximately two hours after the event. Supplemental financial disclosures and presentation materials will also be available on the website.

The ODP (NASDAQ:ODP) has announced its participation in the upcoming Sidoti Virtual Conference scheduled for March 19th, 2025. The company's leadership team, including Adam Haggard and Max Hood (senior vice presidents and co-chief financial officers), along with Tim Perrott (vice president of investor relations and treasurer), will be featured in a virtual fireside chat at 1:45 pm ET.

The event will be accessible via webcast, with a replay available on ODP's investor relations website at investor.theodpcorp.com. ODP, trading under NASDAQ:ODP, operates as a leading provider of products, services, and technology solutions to businesses and consumers.

ODP Business Solutions, a division of The ODP (NASDAQ: ODP), has announced a new distribution partnership with luxury linens brand Sobel Westex, expanding its presence in the hospitality sector. The partnership will focus on supplying premium terry cloth towels, bedding, and other luxury textile products to enhance guest experiences.

Through ODP Business Solutions' logistics infrastructure and customer network, Sobel Westex will provide a comprehensive range of hospitality products including premium pillows, plush terry towels, high-quality linens, blankets, pool towels, and spa-like robes. The partnership follows ODP's recent milestone agreement with a leading hospitality management company, positioning ODP as a key supplier in the industry.