Office Depot (ODP) Reports In-Line Q2 EPS

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Office Depot, Inc. Announces Second Quarter 2015 Results

August 4, 2015 6:56 AM EDT

Continues to Deliver Substantial Improvement in Operating Income

Accelerates U.S. Retail Store Portfolio Optimization

BOCA RATON, Fla.--(BUSINESS WIRE)-- Office Depot, Inc. (Office Depot, or the company) (NASDAQ: ODP), a leading global provider of office products, services, and solutions, which entered into a definitive agreement on February 4, 2015 to be acquired by Staples, Inc. (Staples), today announced results for the second quarter ended June 27, 2015.

In the second quarter we significantly improved operating income versus last year, primarily due to continued excellent execution on our merger integration, synergies and... More