Office Depot (ODP) Tops Q2 EPS by 1c
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Office Depot Announces Second Quarter 2018 Results
August 7, 2018 6:50 AM EDTQ2 2018 Reported Sales Increase of 11% to $2.6 Billion
Sales Increase of 4% in Business Solutions Division (BSD)
Improving Trends in Retail Division with Q2 2018 Comparable Sales Down 2%
Services Revenue Increases to 16% of Total Sales
Q2 2018 Operating Income of $48 Million versus $41 Million in Prior Year
Re-Initiated Share Repurchase Program
BOCA RATON, Fla.--(BUSINESS WIRE)-- Office Depot, Inc. (Office Depot, or the Company) (NASDAQ: ODP), a leading omni-channel provider of business services and supplies, products and technology solutions, today announced results for the second quarter ended June 30, 2018.
Consolidated (in millions, except per share amounts) Â 2Q18 Â 2Q17 Â YTD18 Â ... More