The ODP (ODP)
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ODP Corp. (ODP) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2025-01-04 00:11
In the latest trading session, ODP Corp. (ODP) closed at $22.12, marking a +0.55% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.26%. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 1.77%.Shares of the office supply retailer witnessed a loss of 15.42% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 1.93% and the S&P 500's loss of 2.82%.Market participants will be closely following the financial ...
The ODP (ODP) - 2024 Q3 - Earnings Call Transcript
2024-11-06 19:20
The ODP Corporation (NASDAQ:ODP) Q3 2024 Earnings Call Transcript November 6, 2024 9:00 AM ET Company Participants Tim Perrott - Vice President, Investor Relations Gerry Smith - Chief Executive Officer Max Hood - SVP Chief Accounting Officer and Controller Adam Haggard - SVP Planning and Analysis Conference Call Participants Michael Lasser - UBS Greg Burns - Sidoti Joe Gomes - Noble Capital Operator Good morning and welcome to The ODP Corporation’s Third Quarter 2024 Earnings Conference Call. All lines will ...
The ODP (ODP) - 2024 Q3 - Earnings Call Presentation
2024-11-06 15:53
THE OD CORPORATION Third Quarter 2024 Financial Results Safe Harbor Statement The Private Securities Litigation Reform Act of 1995, as amended, (the "Act"), provides protection from liability in private lawsuits for "forward-looking" statements made by public companies under certain circumstances, provided that the public company discloses with specificity the risk factors that may impact its future results. The Company wants to take advantage of the "safe harbor" provisions of the Act. Certain statements m ...
ODP Corp. (ODP) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-06 14:05
ODP Corp. (ODP) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -52.35%. A quarter ago, it was expected that this office supply retailer would post earnings of $1.13 per share when it actually produced earnings of $0.56, delivering a surprise of -50.44%.Over the last four quarters, th ...
The ODP (ODP) - 2024 Q3 - Quarterly Results
2024-11-06 11:50
Exhibit 99.1 CONTACT: Tim Perrott Investor Relations 561-438-4629 Tim.Perrott@theodpcorp.com The ODP Corporation Announces Third Quarter 2024 Results Third Quarter Revenue of $1.8 Billion with GAAP EPS of $2.04; Adjusted EPS of $0.71 Significant New Business Wins Improving Future Growth Profile Progress on B2B Pivot; Pursuing Core Opportunities in New Adjacent Industry Segments Company Repurchased Approximately $295 Million of Shares Year to Date Company Completes Varis Sale Subsequent to Quarter End Boca R ...
ODP Corp. (ODP) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-10-24 22:56
In the latest trading session, ODP Corp. (ODP) closed at $30.53, marking a -1.2% move from the previous day. This move lagged the S&P 500's daily gain of 0.22%. Meanwhile, the Dow lost 0.33%, and the Nasdaq, a tech-heavy index, added 0.76%.Heading into today, shares of the office supply retailer had gained 8% over the past month, outpacing the Retail-Wholesale sector's loss of 0.42% and the S&P 500's gain of 1.47% in that time.Analysts and investors alike will be keeping a close eye on the performance of OD ...
ODP Corp. (ODP) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-10-18 22:50
The most recent trading session ended with ODP Corp. (ODP) standing at $31.36, reflecting a +0.71% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.4%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.63%.The the stock of office supply retailer has risen by 4.71% in the past month, leading the Retail-Wholesale sector's gain of 3.32% and the S&P 500's gain of 3.76%.The investment community will be paying c ...
ODP Corp. (ODP) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-10-14 22:56
The most recent trading session ended with ODP Corp. (ODP) standing at $30.14, reflecting a +0.3% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.77% for the day. Meanwhile, the Dow gained 0.47%, and the Nasdaq, a tech-heavy index, added 0.87%.Prior to today's trading, shares of the office supply retailer had gained 2.28% over the past month. This has lagged the Retail-Wholesale sector's gain of 5.56% and the S&P 500's gain of 4.87% in that t ...
Is Trending Stock The ODP Corporation (ODP) a Buy Now?
ZACKS· 2024-10-04 14:05
ODP Corp. (ODP) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this office supply retailer have returned +6.9%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Retail - Miscellaneous industry, which ODP Corp. falls in, has gained 2.8%. The key question now is: What could be the stock's future direction?While m ...
ODP Corp. (ODP) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-10-02 22:56
The latest trading session saw ODP Corp. (ODP) ending at $29.82, denoting a -0.43% adjustment from its last day's close. This change lagged the S&P 500's 0.01% gain on the day. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.08%.Heading into today, shares of the office supply retailer had gained 0.84% over the past month, lagging the Retail-Wholesale sector's gain of 5.59% and the S&P 500's gain of 1.21% in that time.Market participants will be closel ...