ODP Corporation (ODP) Tops Q1 EPS by 48c

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Go back to ODP Corporation (ODP) Tops Q1 EPS by 48c

The ODP Corporation Announces First Quarter 2022 Results

May 4, 2022 6:50 AM EDT

First Quarter Revenue of $2.2 Billion with GAAP EPS of $1.09; Adjusted EPS of $1.27

Commitment to Low-Cost Model Helped Drive GAAP Operating Income of $76 Million and Adjusted Operating Income of $88 Million in the First Quarter of 2022

Improved Back-to-Office Trends Drove Growth in Business Solutions Division

Continued to Make Progress on Strategic Initiatives Including Unlocking the Value of the Consumer Business and the Operational Alignment Supporting Future Operations

Further Advancement of Varis Platform and Digital Business Commerce Capabilities

BOCA... More