The Odp Corp Stock Price, News & Analysis

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.

The ODP (NASDAQ:ODP) announced its participation in the upcoming UBS Global Consumer & Retail Conference scheduled for March 12th, 2025. The company's leadership team, including CEO Gerry Smith, Co-CFOs Adam Haggard and Max Hood, along with VP of Investor Relations Tim Perrott, will engage in a fireside chat at approximately 1:00 pm ET.

The event will be accessible via webcast, with a replay available on the company's investor relations website at investor.theodpcorp.com. ODP, known for providing products, services, and technology solutions to businesses and consumers, continues to maintain transparent communication with investors through such institutional conferences.

The ODP (NASDAQ:ODP), a leading provider of products, services and technology solutions to businesses and consumers, has announced its participation in the upcoming Loop Capital Markets 2025 Investor Conference. The conference will be held virtually on March 10th, 2025.

The company will be represented by Adam Haggard and Max Hood, both serving as senior vice presidents and co-chief financial officers, along with Tim Perrott, vice president of investor relations and treasurer.

CoreTrust, a leading group purchasing organization (GPO), has announced a partnership with ODP Business Solutions, a division of The ODP (NASDAQ: ODP), to enhance savings opportunities for its 3,500+ business members. The agreement focuses on providing access to ODP's workplace solutions, including interiors/furniture, technology, breakroom supplies, and print/promotion services.

CoreTrust, which manages over $7 billion in annual aggregated spend, typically helps members achieve an average 20% savings on indirect spend. Through this collaboration, ODP Business Solutions gains access to CoreTrust's valuable business member base, while CoreTrust members benefit from ODP's 30-year expertise and strong supply chain capabilities.

The partnership reinforces CoreTrust's position as a procurement leader, offering free membership, pre-negotiated supplier contracts, spend analysis, and streamlined onboarding processes for organizations seeking cost efficiency.

ODP Business Solutions, a division of The ODP (NASDAQ: ODP), has announced a Private Sector purchasing contract with CoreTrust, a leading group purchasing organization. The partnership will serve CoreTrust's 3,500+ business member purchasing collective across major industries including retail, manufacturing, hospitality and finance.

Through this agreement, ODP Business Solutions will provide CoreTrust members with solutions in interiors/furniture, technology, breakroom supplies, and print, promotion and apparel services. These categories are projected to grow at a 4-6% CAGR over the next five years. CoreTrust, which manages over $7 billion in annual aggregated spend, helps its members achieve an average 20% savings on indirect spend.

This partnership represents a significant growth milestone for ODP Business Solutions, following recent expansions in the hospitality sector.