The ODP Corporation reported a decrease in total sales by 9% to $1.6 billion in Q3 2025 compared to the prior year, primarily due to fewer retail locations and reduced traffic in its Office Depot Division, as well as lower sales in the ODP Business Solutions Division. Despite the sales decline, the company achieved an adjusted diluted EPS of $1.14, a 61% increase year-over-year, and maintained adjusted EBITDA at $62 million. Operating cash flow and adjusted free cash flow also saw increases.

The ODP Corporation reported a challenging second quarter in 2025 with consolidated revenue down 8% year-over-year to $1.6 billion, primarily due to lower sales in both its Office Depot and ODP Business Solutions divisions. Despite the revenue decline, the company achieved break-even GAAP net income and diluted EPS, a significant improvement from a net loss in the prior year period. Adjusted EPS was $0.51. The company highlighted improved performance trends in its B2B Distribution and Consumer Divisions and strong adjusted free cash flow generation, which more than doubled from the prior year.

The ODP Corporation reported a total revenue of $1.7 billion for the first quarter of 2025, a 9% decrease from the prior year. The company experienced a GAAP operating loss of $32 million and a net loss of $29 million. However, adjusted EBITDA was $76 million and adjusted free cash flow significantly increased to $45 million, reflecting improved operational discipline and cash conversion.

The ODP Corporation announced Q4 2024 results with a revenue of $1.6 billion and GAAP EPS of $0.36. The company is focusing on B2B growth, including a new agreement with a hospitality management company.

The ODP Corporation reported a decrease in sales by 11% compared to the previous year, with total sales of $1.8 billion. GAAP EPS was $2.04 and adjusted EPS was $0.71. The company is progressing on its B2B pivot, with significant new business wins, and completed the Varis sale subsequent to the quarter end. The company repurchased approximately $295 million of shares year to date.

The ODP Corporation announced second quarter 2024 results, with total reported sales of $1.7 billion, a 10% decrease compared to the prior year. GAAP operating income was approximately $400 thousand, and net loss from continuing operations was $(4) million, or $(0.12) per diluted share. Adjusted EPS was $0.56. The company repurchased $104 million of shares in the second quarter.

The ODP Corporation reported a decrease in sales by 11% to $1.9 billion compared to the prior year. GAAP EPS was $0.40 and adjusted EPS was $1.05. The company is accelerating Project Core to maximize cost savings and remains on track to meet 2024 guidance despite macroeconomic challenges.

The ODP Corporation reported a decrease in sales for Q4 2023, driven by lower performance in the Office Depot consumer division due to fewer retail locations and reduced traffic. The company is initiating 'Project Core' to streamline operations and enhance focus on core business, alongside a new $1 billion share repurchase authorization.

The ODP Corporation reported Q3 2023 revenue of $2 billion with GAAP EPS of $1.79 and adjusted EPS of $1.88. GAAP operating income was $91 million and net income was $70 million. The company repurchased $32 million of shares during the quarter.

The ODP Corporation reported second-quarter revenue of $1.9 billion with a GAAP EPS of $0.87 and an adjusted EPS of $0.99. The company's GAAP operating income was $46 million, and net income was $34 million. They repurchased $31 million of shares during the quarter.

The ODP Corporation reported first quarter revenue of $2.1 billion with GAAP EPS of $1.71 and adjusted EPS of $1.78. The company's ODP Business Solutions division drove 3% top-line revenue growth. ODP repurchased $202 million of shares in the first quarter of 2023.

The ODP Corporation reported Q4 2022 revenue of $2.1 billion, a 3% increase year-over-year. GAAP EPS was $0.76, and adjusted EPS was $0.85. The company repurchased $197 million of shares in the fourth quarter and provided 2023 guidance.

The ODP Corporation reported flat sales of $2.2 billion compared to the prior year. GAAP EPS was $1.36 and adjusted EPS was $1.48. The company's B2B distribution division, ODP Business Solutions, experienced growth, offsetting lower sales in the consumer division.

The ODP Corporation reported second quarter revenue of $2.0 billion, with GAAP EPS of $0.39 and adjusted EPS of $0.79. The company's low-cost model helped drive GAAP operating income of $28 million and adjusted operating income of $54 million. Improving back-to-office trends supported growth in the Business Solutions Division.

The ODP Corporation reported first quarter 2022 results with sales of $2.2 billion, flat compared to the prior year. GAAP EPS was $1.09 and adjusted EPS was $1.27. The company's commitment to a low-cost model helped drive GAAP operating income of $76 million and adjusted operating income of $88 million.

The ODP Corporation reported Q4 2021 revenue of $2.0 billion with GAAP EPS of $0.61 and adjusted EPS of $0.71. The company's commitment to a low-cost model helped drive GAAP operating income of $31 million and adjusted operating income of $47 million.

The ODP Corporation reported third quarter 2021 results, with total sales of $2.2 billion, a decrease of 7% compared to the third quarter of 2020. GAAP operating income was $104 million and net income from continuing operations was $73 million, or $1.33 per diluted share. Adjusted operating income was $122 million and adjusted net income from continuing operations was $96 million, or $1.76 per diluted share.

The ODP Corporation reported a 6% increase in total reported sales, reaching $2.3 billion compared to the same quarter last year. Adjusted operating income increased to $44 million, and adjusted EBITDA rose to $93 million. The company is advancing its digital platform business and plans for the separation into two independent publicly-traded companies.

The ODP Corporation announced its first quarter 2021 results, reporting a decrease in sales to $2.4 billion but an increase in net income to $53 million, or $0.95 per diluted share. The company's low-cost model helped drive operating income of $55 million. ODP also announced plans to separate into two independent, publicly-traded companies and approved a new $300 million stock repurchase authorization plan.

The ODP Corporation reported Q4 2020 sales of $2.3 billion, a 9% decrease year-over-year. GAAP EPS was $0.34, while adjusted EPS was $0.55. The company's low-cost model drove significant cash flow, with $1.7 billion in total available liquidity at year-end. ODP is making continued progress on its B2B pivot, including the acquisition of an industry-leading eProcurement platform and a technology collaboration.

ODP Corporation announced its Q3 2020 results, showcasing a revenue of $2.5 billion. The company reported GAAP EPS of $1.04 and adjusted EPS of $1.80. Significant cash flow generation was achieved, with $1.7 billion in total available liquidity. The share repurchase program has been reinstated.

The ODP Corporation reported a decrease in sales by 17% compared to the second quarter of 2019, with a total reported sales of $2.2 billion. The company experienced a GAAP operating loss of $456 million and a net loss of $439 million, or $(8.19) per share. Adjusted net loss was $4 million, or adjusted loss per share of $(0.07).

Office Depot announced strong Q1 2020 results, with operating income up 233% YOY and net income up 463% YOY. The company's B2B focus and ability to serve customers during the COVID-19 crisis helped drive strong operating results and generate $188 million in operating cash flow. Due to the uncertainty of the severity and duration of the impacts of the COVID-19 outbreak, the Company is withdrawing its previously issued guidance for 2020.

Office Depot reported Q4 2019 sales of $2.5 billion, a decrease of 6% compared to the fourth quarter of 2018. The company reported operating income of $74 million, compared to $24 million in the prior year period. Net income from continuing operations was $55 million, or $0.10 per diluted share, compared to a net loss from continuing operations of $14 million, or $0.02 per diluted share in the fourth quarter of 2018.