The Odp Stock Price, News & Analysis
Company Description
The ODP Corporation (NASDAQ:ODP) operates in the retail trade sector with a primary focus on office supplies and stationery stores, complemented by a broad business-to-business (B2B) distribution platform. According to company disclosures, ODP is described as a leading provider of products, services and technology solutions to businesses and consumers, delivered through an integrated B2B distribution platform and an omnichannel presence that includes supply chain and distribution operations, dedicated sales professionals, an online presence, and a network of Office Depot and OfficeMax retail stores.
Business Structure and Operating Companies
ODP conducts its operations through several key operating companies. These include ODP Business Solutions, LLC, which is characterized as a B2B distribution solutions provider serving small, medium and enterprise-level companies; Office Depot, LLC, a specialty retailer operating Office Depot and OfficeMax stores and related eCommerce channels; and Veyer, LLC, which runs nationwide supply chain, distribution, procurement and global sourcing operations. The company also references the Grand & Toy brand in Canada in its disclosures.
The Office Depot division is described as a leading specialty retailer providing products and services through Office Depot and OfficeMax retail stores and an online presence to support the productivity and organization of small business, home office and education clients. ODP Business Solutions is presented as a trusted partner with experience working with businesses on workplace needs, while Veyer provides logistics support for internal divisions and supply chain and procurement services for third-party customers.
Integrated B2B Distribution and Omnichannel Retail
Across its divisions, ODP emphasizes an integrated B2B distribution platform and omnichannel capabilities. Company materials highlight supply chain and distribution operations, dedicated sales professionals, and a network of Office Depot and OfficeMax retail stores, supported by an online presence. The Office Depot division is described as operating retail locations and an eCommerce presence, while also offering services such as print and copy and various business support offerings referenced in company news.
Veyer’s operations are described as a nationwide supply chain, distribution, procurement and global sourcing platform that supports Office Depot and ODP Business Solutions, as well as third-party customers. Disclosures note that Veyer operates a network of distribution centers, cross-docks and other facilities in the United States, has a global sourcing presence in Asia, and provides next-day business delivery capabilities to a large portion of the U.S. population. These capabilities underpin ODP’s B2B distribution and consumer retail activities.
Consumer and Small Business Retail Focus
Within the Office Depot division, the company describes itself as providing retail consumer and small business products and services through Office Depot and OfficeMax stores and associated eCommerce channels. Company news releases reference offerings aimed at small business, home office and education customers, including school-related products, technology items, and print services. The division has also introduced programs such as fast in-store pickup promises and same-day delivery options, as described in its communications, to support convenient shopping and fulfillment.
Office Depot’s communications also describe a rewards program under the Office Depot OfficeMax brand, which offers members instant discounts and the ability to earn rewards on many purchases. The company highlights curated school supply lists, teacher-focused tools such as classroom wish lists, and promotions tied to back-to-school and seasonal events. These initiatives are presented as part of its role in supporting education and local communities.
B2B Distribution and Hospitality Expansion
ODP Business Solutions is described as a B2B distribution solutions provider serving small, medium and enterprise-level companies, with trailing-twelve-month revenue figures referenced in earnings releases. Company communications emphasize that ODP Business Solutions provides workplace solutions and services, and that it has been expanding into new sectors, including hospitality. Disclosures note that ODP Business Solutions has formed a hospitality purchasing contract with OMNIA Partners, under which it will provide hospitality-focused products and services such as linens, terry cloth towels, bathroom amenities and in-room supplies to OMNIA Partners members.
Earnings releases further explain that ODP Business Solutions has been onboarding new customers and pursuing growth in hospitality-related categories, including Operating, Supplies & Equipment (OS&E) for hotel properties, and has entered into agreements with hospitality suppliers. The company describes these efforts as part of a broader initiative to expand into new market sectors beyond traditional office supplies.
Supply Chain and Third-Party Services
Through Veyer, ODP operates a nationwide supply chain, distribution, procurement and global sourcing organization. Company disclosures describe Veyer’s infrastructure in terms of millions of square feet of facilities across distribution centers and cross-docks in the United States, a global sourcing presence in Asia, and a private fleet that supports next-day delivery capabilities to a large share of the U.S. population.
Veyer supports internal customers—ODP Business Solutions and Office Depot—as well as third-party customers. Earnings releases indicate that Veyer generates sales from third-party customers and that these sales have grown over time. The company notes that Veyer provides supply chain and procurement solutions to these customers and has executed warehousing and fulfillment services for at least one large social-media-focused e-commerce company, as described in its filings.
Corporate Strategy and Restructuring
ODP has communicated an “Optimize for Growth” restructuring plan in its earnings releases. This plan is described as an initiative aimed at reducing fixed-cost infrastructure while leveraging core strengths to accelerate growth in B2B market segments. As part of this plan, the company has recognized restructuring income and expenses, closed retail stores and some supply chain facilities, and disposed of certain assets. The plan is described as multi-year in nature, with the company providing ranges for expected costs and targeted financial impacts in its communications.
Company disclosures also indicate that ODP has been focusing capital investments on B2B growth opportunities, including supply chain operations, distribution network enhancements and digital capabilities. Management commentary in earnings releases emphasizes operational discipline, cash conversion and working capital management as key elements of its approach.
Pending Acquisition by Atlas Holdings Affiliate
On September 22, 2025, ODP announced that it had entered into an Agreement and Plan of Merger with ACR Ocean Resources LLC, an affiliate of Atlas Holdings LLC, and a subsidiary of ACR Ocean Resources LLC. Under the terms described in company press releases and Form 8-K filings, the subsidiary will merge with and into ODP, with ODP continuing as the surviving corporation and becoming a wholly owned subsidiary of the parent entity. The transaction is structured as an all-cash acquisition at a stated per-share price, subject to customary closing conditions including shareholder and regulatory approvals.
Company filings note that upon completion of the transaction, The ODP Corporation is expected to become a privately held company and its common stock would no longer be listed on the NASDAQ stock exchange. As of the latest filings provided, the transaction had not yet closed and remained subject to conditions such as shareholder approval and the absence of legal prohibitions. The company has also disclosed the expiration of the Hart-Scott-Rodino waiting period and the filing of a definitive proxy statement relating to a special meeting of shareholders to vote on the merger.
Community and Education Initiatives
Office Depot’s news releases describe various community and education-related initiatives. The company highlights its support for teachers and schools through programs such as Start Proud! and partnerships with organizations like Round It Up America, which have raised funds for local Title I public schools. Office Depot communications also reference efforts to surprise teachers at high-need schools with classroom essentials and to host exclusive shopping events in partnership with local education foundations.
These initiatives are presented as part of Office Depot’s commitment to enabling clients’ success, strengthening local communities and providing equal opportunities. The company also notes that it offers tools for parents, guardians and teachers, such as curated school supply lists and classroom wish lists, to simplify back-to-school and classroom preparation.
Trading Market and Regulatory Filings
According to its Form 8-K filings, The ODP Corporation’s common stock, with a par value of $0.01 per share, trades under the ticker symbol ODP on the NASDAQ Global Select Market. The company files periodic and current reports with the U.S. Securities and Exchange Commission (SEC), including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. These filings provide details on financial performance, restructuring activities, strategic initiatives and the pending merger transaction.