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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Office Depot's Parent ODP Shrinks Retail Footprint, Expands B2B Offerings

ODP Office Depot
Beaverton,,Oregon - usa-,February,2,,2020:,Office,Depot,Store,Sign,At

The ODP Corporation (NASDAQ:ODP) reported second-quarter results on Tuesday with adjusted earnings per share of 51 cents, beating the analyst consensus estimate of 36 cents.

Quarterly sales of $1.59 billion (down 8% year over year) was in line with the Street view.

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