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Last $6.55 USD
Change Today -0.09 / -1.36%
Volume 3.6M
As of 8:10 PM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

office depot inc (ODP) Snapshot

Previous Close
Day High
Day Low
52 Week High
02/6/15 - $9.77
52 Week Low
10/15/14 - $4.26
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for OFFICE DEPOT INC (ODP)

office depot inc (ODP) Details

Office Depot, Inc., together with its subsidiaries, supplies office products and services. The company’s North American Retail division sells an assortment of merchandise, including office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture under various brands through its chain of office supply stores. Its North American Business Solutions division sells branded office supplies, technology products, cleaning and breakroom supplies, office furniture, and other solutions, as well as copy and print services to small, medium, and large-sized businesses through a sales force, catalogs, telesales, and Internet sites. The company’s International division sells office products and services through direct mail catalogs, contract sales forces, Internet sites, and retail stores through company-owned operations, joint ventures, licensing and franchise agreements, alliances, and other arrangements. As of December 27, 2014, this segment sold it products to customers in 54 countries throughout Europe, Asia/Pacific, and Latin America; and operated 146 retail stores in France, South Korea, Sweden, New Zealand, and Australia. This division also participates under licensing and merchandise arrangements in Latin America, Europe, Israel, and Japan. The company offers its products under various labels, including Office Depot, OfficeMax, Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark, Grand & Toy, and Viking Office Products. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida.

56,000 Employees
Last Reported Date: 02/24/15
Founded in 1986

office depot inc (ODP) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.4M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $750.0K
President of North America
Total Annual Compensation: $876.0K
Executive Vice President and President of Int...
Total Annual Compensation: $675.0K
Chief People Officer and Executive Vice Presi...
Total Annual Compensation: $1.0M
Compensation as of Fiscal Year 2014.

office depot inc (ODP) Key Developments

Office Depot to Close its Store on New Bern Avenue in East Raleigh

Office Depot has confirmed that the company will be closing its store on New Bern Avenue in east Raleigh. The store closing is expected to be finalized by Nov. 14, 2015. The company confirms the store at 4302 New Bern Ave. is among the 400 stores that the company expects to close in the U.S. over the next several years following its merger with OfficeMax in 2014. The customers in the area would continue to be served by the company's OfficeMax retail store that's about four miles away in Knightdale at 1012 Shoppes at Midway. Following the New Bern Avenue store closure, Office Depot and OfficeMax will still have about a dozen store locations in the region, but that could change if federal regulators approve the company's pending merger with its other main competitor in the national office supply market, Staples.

Office Depot to Close OfficeMax Store at Kmart-Anchored Stadium Marketplace in Honolulu and Ward Village in Kakaako

Office Depot will close its OfficeMax store at the Kmart-anchored Stadium Marketplace in Honolulu by the end of next month as a part of a company initiative to trim costs and shutter hundreds of underperforming stores over several years. The company, which acquired OfficeMax in 2013, said it will officially close the OfficeMax store at 4561 Salt Lake Blvd., on Sept. 26, 2015 as a part of a nationwide initiative that began in mid-2014 to close at least 400 retail locations by the end of next year. The Office Depot location at Ward Village in Kakaako will close eventually to make way for Howard Hughes Corp.'s planned Aeo mixed-use, high-rise complex behind the Ward Entertainment Center, which will include 466 condominium units and Hawaii's Whole Foods Market. An exact closing date, however, has not been determined yet.

Office Depot to Accelerate Store Closures

Office Depot announced that it is accelerating its store-closure plan and expects to close about 175 stores in 2015 and at least 60 in 2016, for a total of at least 400 closures by the end of 2016.


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Price/Sales 0.2x
Price/Book 2.3x
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TEV/Sales 0.1x

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