Office Depot Announces Third Quarter 2019 Results
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Office Depot (ODP) Tops Q3 EPS by 2c; Reaffirms FY19 Revenue Outlook
November 6, 2019 6:53 AM ESTOffice Depot (NASDAQ: ODP) reported Q3 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.83 billion.
Third Quarter 2019 Highlights
Total Reported Sales of $2.8 Billion, down 4% from Prior Year PeriodBSD and CompuCom divisions combined represent approximately 60% of total revenuesOperating Income of $108 Million and Net Income from Continuing Operations of $60 MillionIncludes charges related to the Business Acceleration ProgramAdjusted Operating Income... More