Office Depot (ODP) Tops Q2 EPS by 1c

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Go back to Office Depot (ODP) Tops Q2 EPS by 1c

Office Depot Announces Second Quarter 2018 Results

August 7, 2018 6:50 AM EDT

Q2 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)   2Q18   2Q17   YTD18  ... More