Office Depot, Inc. Announces First Quarter 2016 Results

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Office Depot (ODP) Misses Q1 EPS by 2c

April 26, 2016 6:52 AM EDT

Office Depot (NASDAQ: ODP) reported Q1 EPS of $0.10, $0.02 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.62 billion.

The protracted regulatory review of the pending Staplesacquisition continues to have a substantial disruptive impact on... More