ODP Corp. (ODP) closed the last trading session at $54.41, gaining 5.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $72.75 indicates a 33.7% upside potential.The mean estimate comprises four short-term price targets with a standard deviation of $19.07. While the lowest estimate of $56 indicates a 2.9% increase from the current price level, the most optimistic analyst expects th ...

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BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced that it has partnered with Matthews South to assist in optimizing the initial quarterly execution of its share repurchases under its newly authorized $1 billion share repurchase program. Matthews South is a leading capital markets advisory and software firm transforming the way public and private compani ...

The ODP Corporation (NASDAQ:ODP) Q4 2023 Earnings Conference Call February 28, 2024 8:00 AM ET Company Participants Timothy Perrott - Vice President of Investor Relations and Treasurer Gerry Smith - CEO Anthony Scaglione - Executive Vice President and CFO Conference Call Participants Jeff Lick - B. Riley Financial, Inc. Michael Lasser - UBS Group AG Gregory Burns - Sidoti & Company LLC Joe Gomes - Noble Capital Markets Operator Good morning, and welcome to the ODP Corporation's Fourth Quarter and Full Year ...

ODP Corp. (ODP) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.05%. A quarter ago, it was expected that this office supply retailer would post earnings of $1.60 per share when it actually produced earnings of $1.88, delivering a surprise of 17.50%.Over the last four quarters, the ...

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the fourth quarter and full year ended December 30, 2023. Consolidated (in millions, except per share amounts) 4Q23 4Q22 FY23 FY22 Selected GAAP and Non-GAAP measures:         Sales $1,806 $2,106 $7,831 $8,491 Sales change from prior yea ...

Title of Each class Trading Symbol(s) Name of Each Exchange on which Registered Common Stock, par value $0.01 per share ODP The NASDAQ Stock Market (NASDAQ Global Select Market) Securities registered pursuant to Section 12(g) of the Act: None UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the fiscal year ended December 30, 2023 Or ☐ Transition Report Pursuant to Section 13 ...

Exhibit 99.1 CONTACT: Tim Perrott Investor Relations 561-438-4629 Tim.Perrott@theodpcorp.com The ODP Corporation Announces Fourth Quarter and Full Year 2023 Results Low-Cost Business Model and Disciplined Capital Allocation Drive Solid Operating Performance and Strong Adjusted EPS Growth in 2023 Repurchased 6 Million Shares for $298 Million in Full Year 2023 Announces "Project Core": Enterprise-Wide Program Focused on Streamlining Operations and Enhancing Focus on Core Business Approves New $1 Billion Share ...

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce fourth quarter and full year 2023 financial results before the market open on Wednesday, February 28th, 2024. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public ...

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 to businesses and consumers, today announced that, following his temporary medical leave, Mr. Gerry Smith will resume his position as Chief Executive Officer (“CEO”), effective February 1, 2024. Upon Mr. Smith’s return, Mr. Joseph S. Vassalluzzo, who had been appointed by the Company’s Board of Directors to assume Mr. Smith ...