Exhibit 99.1 CONTACT: Tim Perrott Investor Relations 561-438-4629 Tim.Perrott@theodpcorp.com The ODP Corporation Announces First Quarter 2024 Results First Quarter Revenue of $1.9 Billion with GAAP EPS of $0.40; Adjusted EPS of $1.05 GAAP Operating Income of $18 Million; Net Income of $15 Million; Adjusted EBITDA of $82 Million Accelerating Project Core to Maximize In-Year Cost Savings with Future Annualized Run-Rate Cost Savings in Excess of $100 Million Driving Operational Excellence and Remaining On-Trac ...

Klaus Vedfelt Introduction The stock of The ODP Corporation (NASDAQ:ODP), an entity which operates an integrated B2B distribution platform, as well as an omnichannel retail consumer business, hasn't quite set the world alight over the past six months. At a time when its peers from the small-cap discretionary space have notched returns of 22%, ODP has managed to generate returns of only half that threshold. YCharts Adverse macro conditions (which have impacted both in-store and online traffic), a weak return ...

FORT LAUDERDALE, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in partnership with The ODP Corporation, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Fort Lauderdale. With a custom and highly-relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel t ...

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BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the UBS Global Consumer & Retail Conference on March 13th, 2024. About The ODP Corporation The ODP Corporation (NASDAQ:ODP) is a ...

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Investors interested in Retail - Miscellaneous stocks are likely familiar with ODP Corp. (ODP) and Ulta Beauty (ULTA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earn ...

ODP Corp. (ODP) closed the last trading session at $54.41, gaining 5.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $72.75 indicates a 33.7% upside potential.The mean estimate comprises four short-term price targets with a standard deviation of $19.07. While the lowest estimate of $56 indicates a 2.9% increase from the current price level, the most optimistic analyst expects th ...

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BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced that it has partnered with Matthews South to assist in optimizing the initial quarterly execution of its share repurchases under its newly authorized $1 billion share repurchase program. Matthews South is a leading capital markets advisory and software firm transforming the way public and private compani ...