Office Depot (ODP) Misses Q4 EPS by 4c

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Office Depot, Inc. Announces Fourth Quarter and Full Year 2015 Results

February 23, 2016 6:50 AM EST

Continues to Deliver Improvement in Operating Income

Expects Preliminary Adjusted Operating Income(1) of $500 Million for 2016

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 fourth quarter and year ended December 26, 2015.

We were pleased to deliver another year of strong operating results in 2015, despite experiencing substantial business disruption related to... More