Office Depot/$ODP

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About Office Depot

The ODP Corp operates an integrated B2B distribution platform with divisions focusing on various sectors: ODP Business Solutions serves small to enterprise-level companies with office supplies, technology, furniture, and services. Office Depot Division caters to retail consumers and small businesses through retail locations and eCommerce platforms, offering office supplies, technology, and business services. Veyer Division specializes in supply chain, distribution, and procurement services for both internal and third-party customers, with a focus on global operations. Varis Division offers a tech-enabled B2B indirect procurement marketplace, providing a seamless buying experience and advanced spend management tools. Revenue primarily stems from the Veyer division.

Ticker

$ODP
Primary listing

Industry

Specialty Retail

Employees

19,000

ISIN

US88337F1057

Office Depot Metrics

BasicAdvanced
$551M
-
-$1.44
1.29
-

What the Analysts think about Office Depot

Analyst ratings (Buy, Hold, Sell) for Office Depot stock.

Bulls say / Bears say

ODP Corporation reported earnings of $1.06 per share in Q1 2025, surpassing estimates of $0.66 by $0.40, indicating strong financial performance. (Nasdaq)
The company secured a significant partnership with a leading hospitality management organization, becoming a preferred provider for Operating Supplies & Equipment, which could drive future revenue growth. (FinancialContent)
ODP Business Solutions expanded its portfolio by adding the Nespresso Professional product line, diversifying its offerings and potentially attracting new customers. (Yahoo Finance)
In Q2 2024, ODP's sales declined by 10% year-over-year to $1.717 billion, missing expectations and leading to a 34% drop in stock price. (Benzinga)
The company reduced its FY24 adjusted EPS outlook to $4.25-$5.00 from $6.30-$6.60, reflecting challenges in meeting previous financial projections. (Benzinga)
ODP's Office Depot Division reported a 15% decrease in sales in Q3 2024, attributed to planned store closures and lower demand, indicating potential ongoing challenges in the retail segment. (StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 10 Jul 2025.

Office Depot Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Office Depot Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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