Welcome to our dedicated page for The Odp news (Ticker: ODP), a resource for investors and traders seeking the latest updates and insights on The Odp stock.
The ODP Corporation (NASDAQ:ODP) generates a steady flow of news as a provider of products, services and technology solutions to businesses and consumers through its Office Depot, ODP Business Solutions and Veyer operations. News coverage for ODP often highlights developments across its integrated business-to-business distribution platform and omnichannel retail network of Office Depot and OfficeMax stores.
Readers following ODP news can expect updates on quarterly financial results, restructuring progress and strategic initiatives. Recent earnings releases have detailed sales trends in the Office Depot consumer division, the ODP Business Solutions B2B distribution business and the Veyer supply chain organization, along with information about the company’s Optimize for Growth restructuring plan. These reports also include commentary on cash flow, liquidity and capital allocation priorities.
Company news also covers retail and customer experience initiatives at Office Depot, such as the launch of a 15-minute pickup promise for qualifying online and mobile orders, same-day delivery options, and seasonal promotions for back-to-school and holiday shopping. Releases describe promotions on school supplies, technology items, print services and rewards program benefits for small business, home office and education customers.
Another important news theme is ODP’s expansion into hospitality-related products and services through ODP Business Solutions, including a hospitality purchasing contract with OMNIA Partners and agreements with hospitality suppliers. In addition, news items describe the pending all-cash acquisition of The ODP Corporation by an affiliate of Atlas Holdings, outlining the merger agreement, premium to shareholders and expected transition to a privately held company, subject to closing conditions. Investors and observers can use this news feed to track how these operational, strategic and transactional developments evolve over time.
Office Depot (ODP) launched a 2025 holiday campaign with new brand assortments, seasonal products, and timed promotions to drive sales through Thanksgiving, Black Friday and Cyber Week.
Key offerings include in-store LEGO, Brickcraft™, Hallmark, Stitch, Crayola, Citrine planners, and expanded print and FedEx shipping discounts: up to 30% off $125 print services, 50% off photo products, and 20% off FedEx shipping over specified date ranges through Dec. 27, 2025. Promotions include 12 Days of Giveaways (Nov. 10–21 entry window; last entry Nov. 26) and Black Friday/Cyber Week deals on PCs, printers, furniture, and 15-minute in-store pickup and same‑day delivery options.
ODP (NASDAQ:ODP) reported third quarter 2025 results: sales $1.6B (down 9% YoY), GAAP EPS $0.72, and adjusted EPS $1.14. GAAP operating income was $34M and adjusted EBITDA was $62M. Operating cash flow was $90M and adjusted free cash flow was $89M. Office Depot division sales fell 13% with 63 fewer retail locations; ODP Business Solutions sales declined 6%. The company reported $730M total liquidity and $182M cash on hand at quarter end. The Board approved a definitive merger agreement with an Atlas Holdings affiliate, which ODP expects to close by year-end 2025 subject to customary conditions.
The ODP Corporation (NASDAQ:ODP) has announced a definitive agreement to be acquired by Atlas Holdings in an all-cash transaction valued at approximately $1 billion. Under the agreement, ODP shareholders will receive $28 per share, representing a 34% premium to the closing price on September 19, 2025.
The transaction, unanimously approved by ODP's Board of Directors, will result in ODP becoming a privately held company and delisting from NASDAQ. The deal is expected to close by the end of 2025, subject to regulatory approvals and shareholder approval.
Office Depot (NYSE:ODP) has issued a formal apology following an incident at its Portage, Michigan store (Store 3382) involving inappropriate behavior by a store associate. The company acknowledged that the incident violated their policies and values, and took immediate corrective actions including:
- Reaching out to the affected customer to address concerns and fulfill their order
- Terminating the employment of the associate involved
- Launching an internal investigation
- Committing to reinforce training across all locations
Office Depot (NASDAQ: ODP) has launched its new "15-Minute Pickup Promise" service nationwide, offering customers in-store and curbside pickup for online and mobile orders within 15 minutes. If orders aren't ready within this timeframe, customers receive a $15 coupon for their next qualifying purchase.
The company has also enhanced its shopping services with additional features including same-day delivery for $4.99, same-day printing services, and buy now, pay later options through PayPal. The initiative aims to streamline the shopping experience for small business, home office, and education customers.
The ODP Corporation (NASDAQ:ODP) has established a strategic partnership with OMNIA Partners, the nation's largest group purchasing organization, to provide hospitality-focused products and services through its ODP Business Solutions division.
The agreement targets the $16 billion hospitality segment, enabling OMNIA Partners members to access high-quality linens, terry cloth towels, bathroom amenities, and other in-room supplies. The partnership aims to deliver enhanced purchasing power, streamlined procurement, and cost savings for hospitality operators while expanding ODP's presence in the sector.
The ODP Corporation (NASDAQ:ODP) reported Q2 2025 results with total revenue of $1.6 billion, down 8% year-over-year. The company achieved break-even GAAP earnings per share and adjusted EPS of $0.51. Operating income was $9 million with adjusted EBITDA of $47 million.
The company's performance was marked by improved trends in both consumer and B2B segments. The ODP Business Solutions Division saw a 200-basis point improvement in revenue trends, while the Office Depot Division showed better same-store sales performance despite operating with 60 fewer retail locations. The company generated $13 million in adjusted free cash flow, a 160% increase from the previous year.
Notable progress was made in the hospitality sector expansion, with approximately 1,000 new hotel properties onboarded during the quarter. The company maintained strong liquidity of $658 million, including $177 million in cash and cash equivalents.
The ODP Corporation (NASDAQ:ODP), a provider of business and consumer products, services, and technology solutions, has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6th, 2025, before market open.
The company will host an analyst and investor conference call at 9:00 am Eastern Time on the same day. The webcast will be accessible through ODP's Investor Relations website, with supplemental materials and a replay available approximately two hours after the event.
Office Depot (NYSE:ODP) has launched its Back-to-School campaign featuring significant savings and exclusive deals. The company is offering school essentials starting at 25 cents, with hundreds of items priced under $3. Key highlights include 20-minute in-store pickup, same-day delivery for $4.99, and exclusive rewards for teachers offering 25% back in bonus rewards through September 27.
The retailer is implementing various initiatives including price matching with competitors, free store pickup, and buy-now-pay-later options through PayPal. Since 2020, Office Depot has raised nearly $20 million for local Title I public schools through its partnership with Round It Up America®. The company is also supporting teachers at high-need K-12 schools nationwide through its Start Proud!® program.