Office Depot (ODP) Prelim. Q1 Revenue Misses Consensus
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Office Depot Announces Preliminary Financial Results for First Quarter 2019
April 4, 2019 7:00 AM EDTBOCA RATON, Fla.--(BUSINESS WIRE)-- Office Depot, Inc. (Office Depot, or the Company) (NASDAQ: ODP),a leading integrated business-to-business (B2B) distribution platform ofbusiness services and supplies, products and technology solutions, today announced preliminary estimated results for the first quarter ended March 31, 2019. The Company will report actual financial results for the first quarter 2019 and provide updated full-year 2019 guidance on its upcoming earnings announcement and conference call scheduled for May 8, 2019.
For the first quarter of 2019, the Company expects to report revenue of approximately $2.76 billion and adjusted operating income1 of approximately $65 million. The primary driver of... More
