Office Depot (ODP) Reports In-Line Q1 EPS, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus, Boosts FY19 Adj. EBITDA, Op. Income, FCF Views

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Office Depot Announces First Quarter 2019 Results

May 8, 2019 6:50 AM EDT

First Quarter 2019 Highlights

Reported Sales of $2.8 Billion, down 2% from Prior Year Period BSD Division Revenue up 1% Retail Division Same Store Sales down 4% CompuCom Revenue down 4% Services Revenue Growth in BSD and Retail Divisions up 13% and up 16%, Respectively Operating Income of $24 Million and Net Income from Continuing Operations of $8 Million Adjusted Operating Income of $67 Million Primarily Driven by Lower Performance at CompuCom Announces Business... More