The Latest Breaking News from Business Solutions Division

ODP Q1 Earnings Beat Estimates Despite Fewer Retail Stores

ODP Corp (NASDAQ:ODP) reported a first-quarter FY22 sales of $2.18 billion, flat Y/Y, beating the consensus of $2.13 billion. Business Solutions Division sales climbed 9% Y/Y, while Retail division sales decreased 9%. Adjusted EPS of $1.27 beat the analyst consensus of $0.79. Gross profit declined 2.2% Y/Y to $484 million with a margin…

Benzinga · May 4, 2022

ODP's Q4 Earnings Top Estimates

ODP Corp (NASDAQ:ODP) reported a fourth-quarter FY21 sales decline of 2% year-on-year, to $2.04 billion, beating the Street view of $1.98 billion. Business Solutions Division sales rose 2% Y/Y to $1.2 billion, and Retail division sales decreased 7% to $885 million. Adjusted EPS of $0.71 beat the consensus of $0.49. The gross profit…

Benzinga · Feb 23, 2022