Articles from The ODP Corporation

The ODP Corporation to Present at the Noble Capital Markets’ Twentieth Annual Emerging Growth Equity Conference Tuesday, December 3rd, 2024
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services and technology solutions to businesses and consumers, announced today that Adam Haggard, senior vice president and interim co-chief financial officer, and Tim Perrott, vice president of investor relations and treasurer, will present at the Noble Capital Markets’ Twentieth Annual Emerging Growth Equity Conference on December 3rd, 2024 at approximately 2:30 pm (ET).
By The ODP Corporation · Via Business Wire · December 2, 2024
The ODP Corporation Embarks on a New 10-Year, $1.5B Transformative Partnership with Nationally Recognized Strategic Reseller
The ODP Corporation (NASDAQODP) (“ODP,” or the “Company”), a leading provider of products, services and technology solutions to businesses and consumers, today announced a partnership with a large, growing strategic reseller organization, offering quality office, furniture, print, promotional and facility resource solutions to large multi-site companies. This partnership, worth up to $1.5 billion spanning a 10-year period, will leverage the reseller provider’s expertise in creating custom, results-driven e-commerce solutions and the Company’s extensive fulfillment centers and delivery network.
By The ODP Corporation · Via Business Wire · November 6, 2024
The ODP Corporation Announces Third Quarter 2024 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the third quarter ended September 28, 2024.
By The ODP Corporation · Via Business Wire · November 6, 2024
The ODP Corporation to Announce Third Quarter 2024 Results Wednesday, November 6, 2024
The ODP Corporation (NASDAQODP) (“ODP,” or the “Company”), a leading provider of products, services, and technology solutions to businesses and consumers, will announce third quarter 2024 financial results before the market open on Wednesday, November 6th, 2024. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · October 23, 2024
Office Depot Welcomes Hallmark, Expanding Its Selection for Celebrations and Everyday Moments
Office Depot, an operating company of The ODP Corporation and a leading omnichannel retailer dedicated to helping its small business, home office, and education customers live more productive and organized lives, is making it easier for customers to connect and celebrate life’s special moments with the addition of a curated assortment of Hallmark products. Hallmark’s iconic collection of greeting cards, stationery, and gift wrap will complement Office Depot’s expanding party supply selection in more than 885 stores across the country.
By The ODP Corporation · Via Business Wire · September 16, 2024
The ODP Corporation Enhances Customer Experience with Gen AI Data Integration
The ODP Corporation ("ODP," or the "Company") (NASDAQODP), a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced the implementation of cutting-edge Generative AI (Gen AI) technology across its nationwide network of Office Depot and OfficeMax stores. This technology has significantly enhanced its customer experience since its last announcement, and further demonstrates the Company’s continued commitment to adopting artificial intelligence technologies.
By The ODP Corporation · Via Business Wire · August 28, 2024
Office Depot and OfficeMax Stores Celebrate Over $14 Million Raised to Support Teachers and Students with Back-to-School Essentials at Title I Schools Nationwide Since 2020
Office Depot announced they have donated over $14 million since 2020 to support education, leveraging its nationwide retail footprint and online marketplace. The school supply drive program has supported nearly 2,500 Title I public schools since its inception, impacting nearly 100,000 teachers, and supplying nearly 1.25 million students with brand new school supplies, classroom furniture, technology and more to start the new school year.
By The ODP Corporation · Via Business Wire · August 26, 2024
The ODP Corporation Announces Departure of Chief Financial Officer
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced that D. Anthony Scaglione, executive vice president and chief financial officer, is stepping down from his role to pursue another career opportunity and that his last day will be September 13, 2024.
By The ODP Corporation · Via Business Wire · August 14, 2024
The ODP Corporation Announces Second Quarter 2024 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the second quarter ended June 29, 2024.
By The ODP Corporation · Via Business Wire · August 7, 2024
The ODP Corporation to Announce Second Quarter 2024 Results Wednesday, August 7, 2024
The ODP Corporation (NASDAQODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce second quarter 2024 financial results before the market open on Wednesday, August 7th, 2024. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · July 24, 2024
The ODP Corporation Announces Board Changes
The ODP Corporation (“ODP” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced the appointment of financial executives Amy Schioldager and Evan Levitt to its Board of Directors.
By The ODP Corporation · Via Business Wire · June 3, 2024
The ODP Corporation Releases 2024 Sustainability Report
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced the release of its 2024 Corporate Sustainability Report, providing information on the Company’s sustainability practices and goals.
By The ODP Corporation · Via Business Wire · May 22, 2024
The ODP Corporation to Participate in the B. Riley Securities Institutional Investor Conference Wednesday, May 22nd, 2024
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the B. Riley Securities Institutional Investor Conference on May 22nd, 2024.
By The ODP Corporation · Via Business Wire · May 20, 2024
The ODP Corporation Renews and Extends Existing Asset-Based Credit Facility
The ODP Corporation (NASDAQODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it has amended and extended its existing asset-based credit facility. The amendment extends the maturity date to May 2029. The renewed $800 million facility includes certain more attractive credit terms and conditions, enhancing the company’s balance sheet and liquidity position to support future growth.
By The ODP Corporation · Via Business Wire · May 9, 2024
The ODP Corporation Announces First Quarter 2024 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the first quarter ended March 30, 2024.
By The ODP Corporation · Via Business Wire · May 8, 2024
The ODP Corporation to Announce First Quarter 2024 Results Wednesday, May 8, 2024
The ODP Corporation (NASDAQODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce first quarter 2024 financial results before the market open on Wednesday, May 8th, 2024. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · April 24, 2024
The ODP Corporation to Participate in the UBS Global Consumer & Retail Conference Wednesday, March 13th, 2024
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the UBS Global Consumer & Retail Conference on March 13th, 2024.
By The ODP Corporation · Via Business Wire · March 11, 2024
The ODP Corporation Partners with Matthews South for Execution of New Share Repurchase Program
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced that it has partnered with Matthews South to assist in optimizing the initial quarterly execution of its share repurchases under its newly authorized $1 billion share repurchase program. Matthews South is a leading capital markets advisory and software firm transforming the way public and private companies make capital markets decisions through data-driven analytics.
By The ODP Corporation · Via Business Wire · March 4, 2024
The ODP Corporation Announces Fourth Quarter and Full Year 2023 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the fourth quarter and full year ended December 30, 2023.
By The ODP Corporation · Via Business Wire · February 28, 2024
The ODP Corporation to Announce Fourth Quarter and Full Year 2023 Results Wednesday, February 28, 2024
The ODP Corporation (NASDAQODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce fourth quarter and full year 2023 financial results before the market open on Wednesday, February 28th, 2024. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · February 14, 2024
The ODP Corporation Provides Leadership Update
The ODP Corporation (“ODP” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that, following his temporary medical leave, Mr. Gerry Smith will resume his position as Chief Executive Officer (“CEO”), effective February 1, 2024. Upon Mr. Smith’s return, Mr. Joseph S. Vassalluzzo, who had been appointed by the Company’s Board of Directors to assume Mr. Smith’s authority and responsibilities during his medical leave, will return to his sole role as independent non-executive Chairman of the Board.
By The ODP Corporation · Via Business Wire · January 29, 2024
The ODP Corporation Announces HG Vora Representative Steps Down from Board of Directors
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that, following the expiration of the January 2021 Cooperation Agreement between the Company and HG Vora, Marcus Dunlop, partner at HG Vora, has stepped down from the ODP Board of Directors, effective December 31, 2023.
By The ODP Corporation · Via Business Wire · January 2, 2024
The ODP Corporation Comments on AREX Capital Letter
The ODP Corporation (NASDAQODP) (“the Company”), a leading provider of products, services and technology solutions to businesses and consumers, noted the open letter sent to the Company by AREX Capital Management on December 18, 2023, and issued the following statement in response:
By The ODP Corporation · Via Business Wire · December 19, 2023
The ODP Corporation Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index for Twelfth Consecutive Year
The ODP Corporation (NASDAQODP), a leading provider of products, services and technology solutions to businesses and consumers, today announced that it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The ODP Corporation joins the ranks of 545 major U.S. businesses that also earned top marks this year.
By The ODP Corporation · Via Business Wire · December 14, 2023
The ODP Corporation to Present at the Noble Capital Markets’ Nineteenth Annual Emerging Growth Equity Conference Monday, December 4th, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, announced today that D. Anthony Scaglione, executive vice president and chief financial officer, and Tim Perrott, vice president of investor relations and treasurer, will present at the Noble Capital Markets’ Nineteenth Annual Emerging Growth Equity Conference on December 4th, 2023 at approximately 3:00 pm (ET).
By The ODP Corporation · Via Business Wire · November 29, 2023
The ODP Corporation Achieves Validation of Science-Based Emission Reduction Targets
The ODP Corporation is proud to announce that it has successfully earned validation from the Science Based Targets initiative (SBTi) of its science-based targets for scope 1, scope 2, and scope 3 greenhouse gas (GHG) emissions. This significant milestone demonstrates The ODP Corporation’s commitment to environmental sustainability and aligns with its ongoing efforts to combat the effects of climate change.
By The ODP Corporation · Via Business Wire · November 16, 2023
The ODP Corporation Announces Third Quarter 2023 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the third quarter ended September 30, 2023.
By The ODP Corporation · Via Business Wire · November 8, 2023
The ODP Corporation to Announce Third Quarter 2023 Results Wednesday, November 8, 2023
The ODP Corporation (NASDAQODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce third quarter 2023 financial results before the market open on Wednesday, November 8th, 2023. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · October 25, 2023
The ODP Corporation to Participate in the Sidoti Small Cap Virtual Conference Wednesday, September 20th, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in a virtual fireside chat at the Sidoti Small Cap Virtual Conference on September 20th at approximately 10:45 am (ET).
By The ODP Corporation · Via Business Wire · September 18, 2023
The ODP Corporation to Participate in the B. Riley Securities Consumer Conference Thursday, September 14th, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the B. Riley Securities Consumer Conference on September 14th, 2023.
By The ODP Corporation · Via Business Wire · September 12, 2023
The ODP Corporation Announces Second Quarter 2023 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the second quarter ended July 1, 2023.
By The ODP Corporation · Via Business Wire · August 9, 2023
The ODP Corporation to Announce Second Quarter 2023 Results Wednesday, August 9, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers will announce second quarter 2023 financial results before the market open on Wednesday, August 9th, 2023. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · July 26, 2023
The ODP Corporation Celebrates Sixth Year of its Start Proud! Program, Donates $2.5 Million in Back-to-School Essentials for Title I Schools Nationwide
The ODP Corporation (NASDAQODP), a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced that over $2.5 million worth of educational supplies and equipment will be provided to students and teachers of Title I elementary schools across the country as a result of The ODP Corporation’s philanthropic program Start Proud!® and the generosity of our many vendor partners, including Boise Paper, Domtar and Crayola®.
By The ODP Corporation · Via Business Wire · July 24, 2023
The ODP Corporation Releases 2023 Sustainability Report
The ODP Corporation (NASDAQODP), a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced the release of its 2023 Corporate Sustainability Report, providing information on the company’s environmental, social and governance (ESG) practices and goals.
By The ODP Corporation · Via Business Wire · June 26, 2023
The ODP Corporation Announces First Quarter 2023 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the first quarter ended April 1, 2023.
By The ODP Corporation · Via Business Wire · May 10, 2023
The ODP Corporation to Announce First Quarter 2023 Results Wednesday, May 10, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers will announce first quarter 2023 financial results before the market open on Wednesday, May 10, 2023. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · April 26, 2023
The ODP Corporation Expands Collaboration with Microsoft to Leverage the Power of AI Technology from Microsoft Azure OpenAI Service
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it is expanding its longstanding relationship with Microsoft to include Microsoft Azure OpenAI Service advanced artificial intelligence technology to enhance customer experience, drive operational efficiencies, and more effectively pursue growth opportunities.
By The ODP Corporation · Via Business Wire · April 26, 2023
The ODP Corporation Celebrates 6th Annual 'Day of Service' with $250,000 Donation to Boys & Girls Clubs of America
The ODP Corporation (NASDAQODP) will kick off the company’s sixth annual Day of Service company-wide philanthropic initiative on April 22 with a $250,000 donation to Boys & Girls Clubs of America to support kids and teens across the country. From April 22 through May 6, associates from The ODP Corporation’s operating business units, under the brands Office Depot OfficeMax, ODP Business Solutions, Veyer and Varis, will volunteer on 16 service projects to enhance local Clubs in their communities.
By The ODP Corporation · Via Business Wire · April 21, 2023
The ODP Corporation Completes Sale and Partial Leaseback of Its Corporate Headquarters
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it completed the sale of its Boca Raton-based corporate headquarters to a buying entity for approximately $104 million.
By The ODP Corporation · Via Business Wire · April 6, 2023
The ODP Corporation to Participate in Canaccord Genuity Capital Markets eCommerce Sustainable Advantage Forum Thursday, March 23, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, announced today that Kevin Moffitt, president of Office Depot; Prentis Wilson, president of Varis; and Tim Perrott, vice president investor relations and treasury, will participate in a virtual fireside chat at the Canaccord Genuity Capital Markets eCommerce Sustainable Advantage Forum on March 23rd, at approximately 3:30 pm (ET).
By The ODP Corporation · Via Business Wire · March 22, 2023
The ODP Corporation to Attend UBS Global Consumer & Retail Conference Wednesday, March 15, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, will participate in a fireside chat at the UBS Global Consumer & Retail Conference on March 15th, at approximately 2:00 pm (ET).
By The ODP Corporation · Via Business Wire · March 14, 2023
The ODP Corporation Announces Common Stock Repurchase from HG Vora
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today announced that it has agreed to repurchase 2 million shares of common stock of the Company from HG Vora Special Opportunities Master Fund, Ltd. (“HG Vora”), at a price per share equal to $44.55, for a total purchase price of approximately $89.1 million. The Company anticipates borrowing under its asset-based lending facility to finance the transaction. ODP’s Board of Directors authorized the transaction as part of ODP’s existing $1 billion share buy-back plan that was previously announced on November 2, 2022. Following the transaction, ODP expects to continue its share repurchases under such share buy-back plan, subject to a variety of factors including market conditions, regulatory requirements, and other corporate considerations.
By The ODP Corporation · Via Business Wire · March 13, 2023
The ODP Corporation Announces Fourth Quarter and Full Year 2022 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers today announced results for the fourth quarter and full year ended December 31, 2022.
By The ODP Corporation · Via Business Wire · March 1, 2023
The ODP Corporation to Host a Demonstration of the Varis Platform on Thursday, March 2, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers today announced that it will be hosting a demonstration of the Varis platform at Nasdaq in New York City on Thursday, March 2, 2023, at 1:00 pm ET. Varis is ODP’s tech-enabled B2B digital platform technology business, which provides a better way for buyers and suppliers to transact through the platform’s consumer-like buying experience, advanced spend management tools, network of suppliers, and technology (govaris.com).
By The ODP Corporation · Via Business Wire · February 27, 2023
The ODP Corporation Appoints Max Hood Senior Vice President, Chief Accounting Officer & Controller
The ODP Corporation (“ODP”) (NASDAQODP), a leading provider of products, services and technology solutions through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced the appointment of Max Hood as Senior Vice President, Chief Accounting Officer & Controller, effective February 26, 2023.
By The ODP Corporation · Via Business Wire · February 27, 2023
The ODP Corporation to Announce Fourth Quarter and Full Year 2022 Results Wednesday, March 1, 2023
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce fourth quarter and full year 2022 financial results before the market open on Wednesday, March 1, 2023. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · February 16, 2023
Elevate Together® Celebrates Entrepreneurship Week and Second Year of Closing Racial Wealth Gap With $1.1M+ in Grants to Black- and Hispanic-Owned Small Businesses
Elevate Together®, a nonprofit initiative founded by The ODP Corporation (NASDAQODP) and powered by Round It Up America®, announced today in celebration of National Entrepreneurship Week that it has awarded $1,140,000 in cash grants to 189 Black- and Hispanic-owned small businesses in 2022. The announcement comes as the initiative concludes its second year of helping to close the racial wealth gap, and enters its third year of accelerating the creation, growth, and prosperity of Black and Hispanic-owned small businesses in communities across the U.S.
By The ODP Corporation · Via Business Wire · February 9, 2023
Office Depot Helps Last-Minute Shoppers with Thousands of Deals and Quick Delivery and Pickup Options This Holiday Season
Office Depot, a leading omnichannel retailer dedicated to helping its small business, home office and education clients live more productive and organized lives through innovative products and services, is offering thousands of deals on everything from office desks and chairs, laptops, and monitors to planners, calendars, paper and more. With quick and convenient shopping and delivery options, including an industry-leading 20-minute in-store and curbside pickup service, Office Depot is helping clients finish the year strong and prepare for the new year.
By The ODP Corporation · Via Business Wire · December 15, 2022
The ODP Corporation Named a 2022 Safer Choice Partner of the Year Award Winner by the EPA
The ODP Corporation (NASDAQODP), a leading provider of products, services and technology solutions through an integrated business-to-business (B2B) distribution platform and omnichannel presence, was named a 2022 Safer Choice Partner of the Year award winner in the “Distributor” category by the U.S. Environmental Protection Agency (EPA) for its Highmark® ECO cleaning product line available through ODP Business Solutions and Office Depot, operating companies of The ODP Corporation. Today’s announcement reinforces The ODP Corporation’s commitment to helping customers succeed in achieving sustainability, diversity, performance, and cost objectives.
By The ODP Corporation · Via Business Wire · November 10, 2022
The ODP Corporation Details Path to Unlocking Earnings Potential with Newly Realigned Business Units, Announces 2025 Financial Targets
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, today is hosting a virtual investor meeting: Unlocking Our Potential, to highlight its newly realigned business unit structure and capital allocation plan, outline its strategy to unlock the power of its assets, and showcase its path to drive sustained value for shareholders.
By The ODP Corporation · Via Business Wire · November 2, 2022
The ODP Corporation Announces Third Quarter 2022 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers today announced results for the third quarter ended September 24, 2022.
By The ODP Corporation · Via Business Wire · November 2, 2022
The ODP Corporation to Announce Third Quarter 2022 Results and Will Host Virtual Investor Day on Wednesday, November 2, 2022
The ODP Corporation (NASDAQODP), a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, will announce third quarter 2022 financial results before the market open and will host a virtual investor day event beginning at 9:00 am Eastern Time on Wednesday, November 2, 2022.
By The ODP Corporation · Via Business Wire · October 19, 2022
The ODP Corporation Enters Into Definitive Agreement for a Sale and Partial Leaseback of Its Corporate Headquarters
The ODP Corporation (“ODP” or the “Company”) (NASDAQODP), a leading provider of business services, products and technology solutions to businesses and consumers through an integrated business-to-business (B2B) distribution platform and omnichannel presence, today announced that, subject to certain closing conditions, it has reached a definitive agreement for a sale and partial leaseback of its Boca Raton-based corporate headquarters.
By The ODP Corporation · Via Business Wire · August 24, 2022
ODP Announces Final Results of Dutch Auction Tender Offer
The ODP Corporation (NASDAQODP) (“ODP” or the “Company”), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and omnichannel presence, which includes world-class supply chain and distribution operations, online presence, and approximately 1,000 stores, today announced the final results of its “Dutch auction” tender offer, which expired at 12:00 midnight, New York City time, at the end of the day on August 12, 2022.
By The ODP Corporation · Via Business Wire · August 15, 2022
The ODP Corporation Announces Second Quarter 2022 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced results for the second quarter ended June 25, 2022.
By The ODP Corporation · Via Business Wire · August 3, 2022
The ODP Corporation to Announce Second Quarter 2022 Earnings Results Wednesday, August 3, 2022
The ODP Corporation (NASDAQODP), a leading provider of business services and supplies, products and digital workplace technology solutions through an integrated B2B distribution platform and omnichannel presence, will announce second quarter 2022 financial results before the market open on Wednesday, August 3, 2022. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · July 20, 2022
ODP Commences Modified Dutch Auction Tender Offer to Purchase up to $300 Million of its Outstanding Common Shares
The ODP Corporation (NASDAQODP) (“ODP” or the “Company”), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that it has commenced a modified “Dutch auction” tender offer to purchase its common shares for cash at a price per share of not less than $31.50 nor greater than $36.00 for a maximum aggregate purchase price of no more than $300 million. The tender offer begins today and will expire at 12:00 midnight, New York City time, at the end of the day on August 12, 2022, unless extended or earlier terminated by ODP.
By The ODP Corporation · Via Business Wire · July 18, 2022
The ODP Corporation Announces Preliminary Unaudited Results for the Second Quarter of 2022; Provides Full-Year 2022 Guidance
The ODP Corporation (NASDAQODP) (“ODP” or the “Company”), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced preliminary unaudited results for the second quarter of 2022 and announced that its Board of Directors has unanimously approved a $600 million share repurchase authorization including the launch of a $300 million modified “Dutch auction” cash tender offer.
By The ODP Corporation · Via Business Wire · July 18, 2022
The ODP Corporation Completes Realignment of Operating Business Entities to Better Serve Customers
The ODP Corporation (NASDAQODP) (“ODP” or the “Company”), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that its Board of Directors completed its previously announced review of the public and private non-binding proposals received by the Company to acquire its consumer business, including the Office Depot and OfficeMax retail stores business and its direct channel business, officedepot.com.
By The ODP Corporation · Via Business Wire · June 21, 2022
The ODP Corporation Announces Appointment of David Centrella as Executive Vice President and as President of ODP Business Solutions
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that David Centrella has been promoted to Executive Vice President, reporting directly to Chief Executive Officer of The ODP Corporation, Gerry Smith. In his new position, Centrella will also serve as President of ODP Business Solutions, a leading B2B solutions provider serving small, medium and enterprise level companies, including the contract sales channel of ODP’s prior Office Depot Business Solutions Division, replacing Stephen M. Mohan, who will depart the Company.
By The ODP Corporation · Via Business Wire · May 4, 2022
The ODP Corporation Announces First Quarter 2022 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced results for the first quarter ended March 26, 2022.
By The ODP Corporation · Via Business Wire · May 4, 2022
The ODP Corporation to Announce First Quarter 2022 Earnings Results Wednesday, May 4, 2022
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, will announce first quarter 2022 financial results before the market open on Wednesday, May 4, 2022. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · April 27, 2022
The ODP Corporation Announces Fourth Quarter and Full Year 2021 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced results for the fourth quarter and full year ended December 25, 2021.
By The ODP Corporation · Via Business Wire · February 23, 2022
Elevate Together™ Initiative Raises Nearly $2.3 Million in First Year to Foster Growth and Profitability for Black- and Hispanic-Owned Small Businesses
Elevate Together™ powered by Round It Up America®, a nonprofit initiative founded by The ODP Corporation (NASDAQODP), today announced that nearly $2.3 million was raised during the program’s inaugural year in support of its mission to help accelerate the creation, growth and prosperity of Black- and Hispanic-owned small businesses.
By The ODP Corporation · Via Business Wire · February 15, 2022
The ODP Corporation to Announce Fourth Quarter and Full Year 2021 Earnings Results Wednesday, February 23, 2022
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, will announce fourth quarter and full year 2021 financial results before the market open on Wednesday, February 23, 2022. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · February 9, 2022
The ODP Corporation Delays Public Company Separation to Evaluate Potential Sale of Its Consumer Business
The ODP Corporation (“ODP” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that its Board of Directors determined to delay the previously announced public company separation to evaluate a potential sale of the Company’s consumer business.
By The ODP Corporation · Via Business Wire · January 14, 2022
The ODP Corporation Announces Sale of Its CompuCom Subsidiary in Transaction Valued up to $305 Million
The ODP Corporation (NASDAQODP), a leading provider of business services, products, and digital workplace technology solutions through an integrated B2B distribution platform, today announced that it has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million.
By The ODP Corporation · Via Business Wire · December 31, 2021
The ODP Corporation Announces $150 Million Accelerated Share Repurchase and $150 Million Increase in Its Existing Stock Repurchase Plan
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores (“ODP” or the “Company”), announced today that it has entered into accelerated share repurchase plan (“ASR”) agreements with Goldman Sachs & Co. LLC and JPMorgan Chase Bank, National Association to repurchase an aggregate of $150 million of the Company’s stock. ODP will execute the ASRs under its existing stock repurchase program. When combined with the Company’s previously completed share repurchases, ODP will have committed to return more than $300 million of capital to shareholders in 2021.
By The ODP Corporation · Via Business Wire · November 16, 2021
The ODP Corporation Announces Third Quarter 2021 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced results for the third quarter ended September 25, 2021.
By The ODP Corporation · Via Business Wire · November 3, 2021
The ODP Corporation Announces Retirement of Board Member Francesca Ruiz de Luzuriaga
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores (the “Company”), announced today that Francesca Ruiz de Luzuriaga has decided to retire from the Board of Directors effective December 31, 2021. Ms. Luzuriaga has served as a director for The ODP Corporation and at its predecessors Office Depot, Inc. and OfficeMax Incorporated since 1998.
By The ODP Corporation · Via Business Wire · November 1, 2021
The ODP Corporation to Announce Third Quarter 2021 Earnings Results Wednesday, November 3, 2021
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, will announce third quarter 2021 financial results before the market open on Wednesday, November 3, 2021. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public.
By The ODP Corporation · Via Business Wire · October 20, 2021
The ODP Corporation Announces Chief Legal and Administrative Officer to Leave the Company in Q2 2022
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores (the “Company”), announced today that N. David Bleisch, Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary, will be leaving the Company, effective April 30, 2022.
By The ODP Corporation · Via Business Wire · September 29, 2021
The ODP Corporation Announces Chief Accounting Officer to Leave Company in Q2 2022
The ODP Corporation (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores (the “Company”), announced today that Richard Haas, Senior Vice President and Chief Accounting Officer, will be leaving the Company, effective April 1, 2022, to pursue other interests.
By The ODP Corporation · Via Business Wire · September 9, 2021
The ODP Corporation Announces Selection of Chief Executive Officers and Company Names Ahead of Planned Spin-Off
The ODP Corporation (“ODP” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, announced in May 2021, that its Board of Directors unanimously approved a plan to separate ODP into two independent, publicly-traded companies by means of a tax-free spin-off to ODP shareholders. The Company continues to make progress upon its plans to separate its consumer business from its B2B operations and expects to complete this transformation in the first half of 2022.
By The ODP Corporation · Via Business Wire · August 24, 2021
The ODP Corporation Announces Second Quarter 2021 Results
The ODP Corporation (“ODP,” or the “Company”) (NASDAQODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced results for the second quarter ended June 26, 2021.
By The ODP Corporation · Via Business Wire · August 4, 2021