ODP Corporation (ODP) Tops Q2 EPS by 33c

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The ODP Corporation Announces Second Quarter 2022 Results

August 3, 2022 6:50 AM EDT

Second Quarter Revenue of $2.0 Billion with GAAP EPS of $0.39; Adjusted EPS of $0.79

Low-Cost Model Helped Drive GAAP Operating Income of $28 Million and Adjusted Operating Income of $54 Million in the Second Quarter of 2022

Improving Back-to-Office Trends Supported Growth in Business Solutions Division

Recently Approved $600 Million Share Repurchase Authorization and Commenced Tender Offer

BOCA RATON, Fla.--(BUSINESS WIRE)-- The ODP Corporation (ODP, or the Company) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions... More