Office Depot (ODP) Reports In-Line Q1 EPS

Go back to Office Depot (ODP) Reports In-Line Q1 EPS

Office Depot, Inc. Announces First Quarter 2015 Results

May 5, 2015 6:50 AM EDT

Delivers Substantial Increase in Operating Income

BOCA RATON, Fla.--(BUSINESS WIRE)-- Office Depot, Inc. (Office Depot, or the company) (NASDAQ: ODP), a leading global provider of office products, services, and solutions, which entered into a definitive agreement on February 4, 2015 to be acquired by Staples, Inc., today announced results for the first quarter ended March 28, 2015.

We were pleased to have doubled adjusted operating income in the first quarter versus last year, primarily due to continued excellent execution on our merger integration, synergies and efficiencies, said Roland Smith, chairman and chief... More