Office Depot, Inc. (ODP) stock prices updated...
 

Office Depot, Inc. stock price

Office Depot, Inc. latest news:


  • 01/03/2018 15:37:05

    BRIEF-Office Depot Says Joseph Lower Appointed CFO

    * OFFICE DEPOT INC ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER

  • 11/09/2017 05:16:26

    Office Depot beats estimates despite hurricane impact

    Office Depot Inc. said Thursday it had net income of $92 million, or 17 cents a share, in the third quarter, down from $193 million, or 35 cents a share, in the year-earlier period. Adjusted per-share earnings came to 19 cents, ahead of the 13 cents FactSet consensus. Sales fell to $2.620 billion from $2.836 billion, but beat the FactSet consensus of $2.610 billion. The retailer, which has just completed the acquisition of CompuCom Systems Inc., said sales were hurt by hurricanes Harvey, Irma and Maria, which disrupted its Puerto Rico and southeastern U.S. business. The company said it is making progress with a transformation plan put in place by new CEO Gerry smith aimed at making the company more services driven. The company is expecting 2017 sales to be lower than 2016's, mostly due to the impact of store closures, hurricanes and continued challenging market conditions. Shares were not yet active premarket, but have fallen 33% in 2017, while the S&P 500 has gained 16%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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