Last €8.49 EUR
Change Today -0.018 / -0.21%
Volume 100.0
As of 3:40 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

office depot inc (ODP) Snapshot

Open
€8.48
Previous Close
€8.51
Day High
€8.56
Day Low
€8.40
52 Week High
02/4/15 - €9.25
52 Week Low
04/17/14 - €2.79
Market Cap
4.6B
Average Volume 10 Days
120.0
EPS TTM
--
Shares Outstanding
543.9M
EX-Date
--
P/E TM
--
Dividend
--
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: $2.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $557.7K
Executive Vice President and President of Int...
Total Annual Compensation: $675.0K
Chief Legal Officer, Executive Vice President...
Total Annual Compensation: $1.0M
Chief People Officer and Executive Vice Presi...
Total Annual Compensation: $450.0K
Compensation as of Fiscal Year 2013.

office depot inc (ODP) Key Developments

Office Depot, Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Year Ended December 27, 2014; Provides Earnings Guidance for the Full Year of 2015

Office Depot, Inc. reported consolidated earnings results for the fourth quarter and year ended December 27, 2014. Total reported sales for the fourth quarter of 2014 were $3.8 billion compared to $3.5 billion in the fourth quarter of 2013, and were 6% lower than combined pro forma sales of $4.1 billion in the fourth quarter of the prior year. In the fourth quarter of 2014, Office Depot reported an operating loss of $61 million and a net loss available to common stockholders of $84 million, or $0.15 per share. In the fourth quarter of 2013, the reported operating loss was $118 million and the net loss available to common stockholders, was $144 million, or $0.34 per diluted share. Adjusted operating income for the fourth quarter of 2014 was $78 million compared to a combined pro forma adjusted operating loss of $8 million in the fourth quarter of 2013. Adjusted net income available to common stockholders for the fourth quarter of 2014 was $40 million, or $0.07 earnings per share, compared to a combined pro forma adjusted net loss of $27 million, or $0.05 loss per share, in the fourth quarter of 2013. Loss before income taxes was $78 million against $134 million a year ago. For the full year 2014, Office Depot reported an operating loss of $275 million compared to an operating loss of $205 million in the full year 2013, and a net loss attributable to common stockholders of $354 million, or $0.66 per share, compared to a net loss of $93 million, or $0.29 per share in the full year 2013. For the full year 2014, adjusted operating income was $289 million, compared to combined pro forma adjusted operating income of $99 million in the full year 2013. The full year 2014 adjusted net income available to common stockholders of $117 million, or $0.22 per share, compared to a combined pro forma adjusted net loss of $2 million, or zero cents per share in the full year 2013. Sales were $16,096 million against $11,242 million a year ago. Loss before income taxes was $340 million against income of $127 million a year ago. Net cash provided by operating activities was $156 million against net cash used in operating activities of $107 million a year ago. Capital expenditures were $123 million against $137 million a year ago. Office Depot expects total company sales in 2015 to be lower than 2014, primarily due to its decision to close certain stores, the negative impact of currency translation, and continued challenging market conditions. Due to the announced agreement to be acquired by Staples, Office Depot is withdrawing previous guidance for 2015 adjusted operating income and free cash flow based on the associated uncertainty with vendors, customers, and employees. The company continues to anticipate integration capital spending of approximately $200 million during the 2014 through 2016 integration period, of which $18 million was spent in 2014. In 2015, the company expects capital expenditures to be approximately $250 million, including approximately $100 million related to merger integration. Depreciation and amortization is expected to be approximately $300 million in 2015.

Office Depot, Inc., Staples, Inc. - M&A Call

To discuss acquisition between Staples, Inc. and Office Depot, Inc

Office Depot, Inc. to Report Q4, 2014 Results on Feb 24, 2015

Office Depot, Inc. announced that they will report Q4, 2014 results at 11:50 AM, GMT Standard Time on Feb 24, 2015

 

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Industry Analysis

ODP

Industry Average

Valuation ODP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 3.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x
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