The ODP (ODP)

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The ODP (ODP) - 2023 Q4 - Annual Results
2024-02-27 16:00
Exhibit 99.1 CONTACT: Tim Perrott Investor Relations 561-438-4629 Tim.Perrott@theodpcorp.com The ODP Corporation Announces Fourth Quarter and Full Year 2023 Results Low-Cost Business Model and Disciplined Capital Allocation Drive Solid Operating Performance and Strong Adjusted EPS Growth in 2023 Repurchased 6 Million Shares for $298 Million in Full Year 2023 Announces "Project Core": Enterprise-Wide Program Focused on Streamlining Operations and Enhancing Focus on Core Business Approves New $1 Billion Share ...
The ODP (ODP) - 2023 Q4 - Annual Report
2024-02-27 16:00
Title of Each class Trading Symbol(s) Name of Each Exchange on which Registered Common Stock, par value $0.01 per share ODP The NASDAQ Stock Market (NASDAQ Global Select Market) Securities registered pursuant to Section 12(g) of the Act: None UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the fiscal year ended December 30, 2023 Or ☐ Transition Report Pursuant to Section 13 ...
The ODP Corporation to Announce Fourth Quarter and Full Year 2023 Results Wednesday, February 28, 2024
Businesswire· 2024-02-14 22:00
Group 1 - The ODP Corporation will announce its fourth quarter and full year 2023 financial results on February 28, 2024, before the market opens [1] - A conference call with financial analysts and investors will take place at 9:00 am Eastern Time on the same day, accessible to the media and the public [1] - The webcast will be available on the ODP Corporation's Investor Relations website, with a replay accessible approximately two hours after the event [1] Group 2 - The ODP Corporation is a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution platform [2] - The company operates through various subsidiaries, including Office Depot, LLC, ODP Business Solutions, LLC, Veyer, LLC, and Varis, Inc., aiming to empower businesses and consumers [2]
The ODP Corporation Provides Leadership Update
Businesswire· 2024-01-29 22:00
Core Points - The ODP Corporation announced that Gerry Smith will resume his role as CEO effective February 1, 2024, after a temporary medical leave [1] - Joseph S. Vassalluzzo, who acted as CEO during Smith's absence, will return to his position as independent nonexecutive Chairman of the Board [1] - Dr. David Szymanski will retire from the Board effective February 13, 2024, after serving since 2004 [1][2] - The company is focused on corporate transformation and maximizing stakeholder value [1] Company Overview - The ODP Corporation is a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution platform and omni-channel presence [3] - The company operates through various subsidiaries, including ODP Business Solutions, Office Depot, Veyer, and Varis, aiming to empower businesses and consumers [3]
ODP: A Value Play With Catalysts
Seeking Alpha· 2024-01-16 05:56
jetcityimage The ODP Corporation (NASDAQ:ODP) is a very cheap stock based on most key metrics. ODP trades at 9x consensus FY 2024 EPS and at a forward EV/ EBITDA multiple of just 4.3x. While there are many stocks trading at cheap valuations, particularly in the retail sector, ODP stands out as having a number of catalysts that I believe have the potential to send shares higher. Key catalysts include the recently released open letter from AREX Capital Management, an aggressive share repurchase program, a ...
Office Depot Improves In-Store Task Completion Rate by 42% with Zebra Workcloud
Businesswire· 2024-01-10 22:31
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Zebra Technologies Corporation (NASDAQ: ZBRA), a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, and Office Depot Inc. (NYSE: ODP Corp), today announced the retailer is operating with greater efficiency with Zebra Workcloud software and Zebra’s mobile computing solutions. Office Depot will showcase its Modern Store transformation, including how it has been able to improve the customer experience and employee engage ...
The ODP Corporation Announces HG Vora Representative Steps Down from Board of Directors
Businesswire· 2024-01-02 22:01
BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that, following the expiration of the January 2021 Cooperation Agreement between the Company and HG Vora, Marcus Dunlop, partner at HG Vora, has stepped down from the ODP Board of Directors, effective December 31, 2023. “We greatly appreciate Marcus Dunlop’s service as a Boar ...
The ODP (ODP) - 2023 Q3 - Earnings Call Transcript
2023-11-08 19:43
The ODP Corporation (NASDAQ:ODP) Q3 2023 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants Tim Perrott - Vice President of Investor Relations and Treasurer Joseph Vassalluzzo - Chairman of the Board Anthony Scaglione - Chief Financial Officer Conference Call Participants Jeff Lick - B. Riley Financial, Inc. Michael Lasser - UBS Group AG Gregory Burns - Sidoti & Company LLC Joe Gomes - Noble Capital Markets Operator Good morning, and welcome to The ODP Corporation’s Third Quarter 2023 ...
The ODP (ODP) - 2023 Q3 - Earnings Call Presentation
2023-11-08 15:18
Third Quarter 2023 QQ112200 Financial Results Safe Harbor Statement ...
The ODP (ODP) - 2023 Q3 - Quarterly Report
2023-11-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the transition period from __ __ __ __to __ __ __ __ Commission File Number 1-10948 The ODP Corporation (Exact Name of Registrant as Specified in its Charter) Delaware 85-1457062 (S ...