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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 ...
Business Supply Retailer ODP Corporation Looks Like A Contrarian Pick
Seeking Alpha· 2024-10-02 18:05
I'm mostly a homebody. That said, I've always loved to go to office supply stores and look around at the different, novel tools to do different tasks. My favorite, even when I was in college, was to go to the local OfficeMax and browse around. I I'm Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Qu ...
ODP Corp. (ODP) Laps the Stock Market: Here's Why
ZACKS· 2024-09-26 22:56
The most recent trading session ended with ODP Corp. (ODP) standing at $28.75, reflecting a +0.49% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.4%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.6%.Heading into today, shares of the office supply retailer had lost 3.86% over the past month, lagging the Retail-Wholesale sector's gain of 5.71% and the S&P 500's gain of 1.71% in that time.Investors will be eagerly watc ...