此消息引发网友热议。"9月29日华为手表新款开售了，但是没有国补，要不要再等等？""期待，我要换家具！""我要抢国补买空调！""孩子上小学了，正 好买个打印机！""国补叠加双十一优惠券，划算！" 今年以来，国家发展改革委会同财政部等部门，认真贯彻落实党中央、国务院关于实施"两新"政策的决策部署，有序下达超长期特别国债资金支持消费品 以旧换新。各地各有关部门持续完善实施机制，强化资金监督管理，推动消费品以旧换新政策取得积极成效。今年1-8月，全国共有3.3亿人次申领消费品 以旧换新补贴，带动相关商品销售额超过2万亿元；限额以上单位家用电器和音像器材、文化办公用品、家具、通讯器材类商品零售额同比分别增长 28.4%、22.3%、22.0%、21.1%，支撑社会消费品零售总额同比增长4.6%。 扬子晚报网9月30日讯(记者徐兢)"双十一"电商大促将于10月9日20:00正式启动。记者获悉，新一批"国补"资金近日下达，想"买买买"的消费者不妨可以期 待一下，"国补"叠加"双十一"优惠机制，不少商品价格会更香。 近日，国家发展改革委已会同财政部，向地方下达了今年第四批690亿元超长期特别国债支持消费品以旧换新资金，至此 ...

Group 1 - ODP Corporation, owner of Office Depot and OfficeMax, has agreed to be taken private by Atlas Holdings for approximately $1 billion, with Atlas paying $28 per share, representing a 34% premium to the closing share price on September 19 [1][2] - The transaction is expected to close by the end of the year, pending regulatory and shareholder approvals [2] - ODP's CEO highlighted that Atlas brings industry understanding and operational expertise that will enhance ODP's B2B growth initiatives [3] Group 2 - Investors view the deal as positive but surprising due to ODP's history of unsuccessful merger attempts with Staples, which were blocked by the Federal Trade Commission [4][5] - ODP has faced pressure from activist investors and increased competition from e-commerce companies like Amazon and Walmart, leading to a decline in its market cap [6] - ODP operates around 830 stores, indicating its significant presence in the office supply retail market [6]

Financial Performance - Sales decreased to $1586 million from $1717 million [22] - Operating income increased to $9 million from $0.4 million [22] - Adjusted operating income decreased to $25 million from $33 million [22] - Adjusted EBITDA decreased to $47 million from $57 million [22] - Adjusted free cash flow increased to $13 million from $5 million [10, 22] - ODP Business Solutions revenue decreased 6% year-over-year [31] - Office Depot comparable store sales improved by approximately 200 basis points year-over-year [10, 28] Strategic Initiatives - The company is executing its "Optimize for Growth" plan to accelerate B2B growth [9, 15] - The company is expanding into the hospitality market, a $16 billion+ market segment [13, 14] - Veyer's revenue from third-party customers increased 90% year-over-year to $19 million [37] Outlook - The company expects continued improvements in performance trends and strong adjusted free cash flow generation in the second half of the year [8] - The company anticipates generating over $115 million in adjusted free cash flow for the full year 2025 [44]

Core Insights - Xerox Holdings (XRX) reported disappointing second-quarter 2025 results, with both earnings and revenues falling short of the Zacks Consensus Estimate [1][3] - The company's shares have declined 2.8% since the earnings release on July 31, and have depreciated 59.5% over the past year [1][3] Financial Performance - Xerox reported a quarterly adjusted loss of $0.64 per share, missing the consensus estimate of $0.10, and a significant decrease from the previous year's profit [3][7] - Revenues totaled $1.58 billion, which was 0.8% below the consensus estimate and a decline of 0.13% year-over-year [3][7] - Post-sale revenues were $1.24 billion, up 1.5% year-over-year but below the estimate of $1.27 billion [4] - Equipment sales decreased by 5.6% year-over-year to $336 million, slightly exceeding the estimate of $330.9 million [4] - The Print and Other segment's revenues fell 8.6% year-over-year to $1.37 billion, missing the estimate of $1.46 billion [4] Operating Metrics - Adjusted operating income was $59 million, down 30.6% year-over-year, with an adjusted operating margin of 3.7%, a decrease of 170 basis points [8] - Negative free cash flow was reported at $30 million, with cash and cash equivalents at $449 million, down from $576 million at the end of 2024 [9] Future Guidance - For 2025, Xerox anticipates revenue growth of 16%-17% at constant currency, with an adjusted operating margin projected at approximately 4.5% [10] - The company expects free cash flow to be around $250 million and operating cash flow to be approximately $345 million, with capital expenditures anticipated at $95 million [10]

Core Viewpoint - Acco Brands reported quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.29 per share, and down from $0.37 per share a year ago, indicating a -3.45% earnings surprise [1] Financial Performance - The company posted revenues of $394.8 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.28%, but down from $438.3 million year-over-year [2] - Over the last four quarters, Acco has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Acco shares have lost about 28% since the beginning of the year, contrasting with the S&P 500's gain of 8.2% [3] - The current Zacks Rank for Acco is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.26 on revenues of $382.43 million, and $0.94 on revenues of $1.53 billion for the current fiscal year [7] - The estimate revisions trend for Acco was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Office Supplies industry is currently in the top 39% of over 250 Zacks industries, suggesting that it has a favorable outlook compared to the bottom 50% [8]

Core Insights - Xerox Holdings Corporation reported a quarterly loss of $0.64 per share, significantly missing the Zacks Consensus Estimate of $0.1, representing an earnings surprise of -740.00% [1] - The company posted revenues of $1.58 billion for the quarter ended June 2025, which was a 0.75% miss against the Zacks Consensus Estimate, with no year-over-year revenue growth [2] - Xerox shares have declined approximately 38.1% year-to-date, contrasting with the S&P 500's gain of 8.2% [3] Company Performance - Over the last four quarters, Xerox has consistently failed to meet consensus EPS estimates, with only one instance of surpassing revenue expectations [2] - The current consensus EPS estimate for the upcoming quarter is $0.31 on revenues of $1.55 billion, and for the current fiscal year, it is $0.75 on revenues of $6.23 billion [7] - The estimate revisions trend for Xerox was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Office Supplies industry, to which Xerox belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Xerox's stock performance [5]

Group 1 - The ODP Corporation (NASDAQ: ODP), which operates Office Depot, may surprise analysts and investors with its upcoming quarterly results, although it is unlikely to impress them significantly [1] - Recent consumer and corporate behavior indicates a trend of frontloading purchases, which could impact ODP's performance [1] - The analysis emphasizes the importance of observing megatrends and technological advancements to identify investment opportunities, while also stressing the need to focus on fundamentals and company details [1] Group 2 - The analyst has no current stock or derivative positions in ODP but may consider initiating a short position within the next 72 hours [2] - The article reflects the author's personal opinions and is not influenced by any compensation from companies mentioned [2]

Group 1 - The article discusses a micro-cap office supply distributor that is currently experiencing declining revenues and has a weary brand image, but there are underlying opportunities in its B2B distribution model [1] - The independent trader and analyst specializes in identifying high-growth, underanalyzed companies using a combination of technical analysis and the CAN SLIM method, focusing on financial trends and profit growth [1] - Key indicators prioritized in the research approach include relative strength, trading volume shifts, and accelerating profit growth, which help in identifying stocks with significant upside potential [1] Group 2 - The article emphasizes the importance of structured research in enhancing market understanding and providing actionable investment insights, particularly through in-depth company analyses [1]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: ODP Corp. Analysis - ODP Corp. has shown a price increase of 0.3% over the past four weeks, indicating growing investor interest [4] - The stock has gained 11.8% over the past 12 weeks, with a beta of 1.32, suggesting it moves 32% higher than the market [5] - ODP has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] - The stock has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - ODP is trading at a low Price-to-Sales ratio of 0.07, meaning investors pay only 7 cents for each dollar of sales, indicating a reasonable valuation [7] Group 3: Additional Investment Opportunities - Besides ODP, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]

Core Viewpoint - ODP Corp. is positioned as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price appreciation [1][2]. Earnings Estimates - Analysts are increasingly optimistic about ODP Corp.'s earnings prospects, leading to higher estimates that are expected to positively influence the stock price [2]. - The current-quarter earnings estimate is projected at $0.33 per share, reflecting a year-over-year decline of 41.07%. However, the Zacks Consensus Estimate has increased by 25% over the last 30 days, with one estimate revised upward and no negative revisions [6]. - For the full year, the earnings estimate stands at $2.79 per share, showing a year-over-year decrease of 15.45%. The consensus estimate has risen by 9% due to one upward revision and no negative changes in estimates [7][8]. Zacks Rank - ODP Corp. has achieved a Zacks Rank of 1 (Strong Buy), supported by favorable estimate revisions. This ranking is based on a proven track record of outperforming the market, with Zacks 1 stocks averaging a 25% annual return since 2008 [3][9]. - The Zacks Rank system indicates that stocks rated 1 and 2 significantly outperform the S&P 500, reinforcing the attractiveness of ODP Corp. as an investment [9]. Stock Performance - ODP Corp. shares have increased by 27.9% over the past four weeks, suggesting strong investor confidence driven by the positive earnings estimate revisions [10].