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Stock impact report

The ODP Corporation Announces First Quarter 2024 Results

The ODP Corporation (ODP) 
Last the odp corporation earnings: 2/26 06:50 am Check Earnings Report
US:NYSE Investor Relations: investor.officedepot.com
Company Research Source: Business Wire
First Quarter Revenue of $1.9 Billion with GAAP EPS of $0.40; Adjusted EPS of $1.05GAAP Operating Income of $18 Million; Net Income of $15 Million; Adjusted EBITDA of $82 MillionAccelerating Project Core to Maximize In-Year Cost Savings with Future Annualized Run-Rate Cost Savings in Excess of $100 MillionDriving Operational Excellence and Remaining On-Track to Meet 2024 Guidance Despite Challenging Macroeconomic and Business Environment Impacting Top-Line ResultsBoard of Directors Approved Held-For-Sale Plan for Varis Business UnitCompany Repurchased Approximately $90 Million of Shares Year to Date 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 results for the first quarter ended March 30, 2024.Consolidated (in millions, except per share amounts)1Q241Q23Selected GAAP and Non-GAAP measures:  Sales$1,871$2,108Sales change fro Show less Read more
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