Recently, Zacks.com users have been paying close attention to ODP Corp. (ODP). This makes it worthwhile to examine what the stock has in store.
ODP Corp. (ODP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Investors looking for stocks in the Retail - Miscellaneous sector might want to consider either ODP Corp. (ODP) or Tractor Supply (TSCO). But which of these two stocks offers value investors a better bang for their buck right now?
Specialty Retail Industry | Consumer Cyclical Sector | Mr. Gerry P. Smith CEO | NASDAQ (NGS) Exchange | 88337F105 Cusip |
US Country | 19,000 Employees | 28 Feb 2020 Last Dividend | 1 Jul 2020 Last Split | 26 Mar 1990 IPO Date |
The ODP Corporation, established in 1986 and based in Boca Raton, Florida, serves the United States, Puerto Rico, and the U.S. Virgin Islands with a broad array of business services, supplies, products, and digital workplace technology solutions tailored to the needs of small, medium, and enterprise businesses. It operates through its four main divisions: ODP Business Solutions, Office Depot, Veyer, and Varis. These divisions collectively offer a wide range of products and services from office supplies and furniture to digital imaging and indirect procurement marketplaces, making The ODP Corporation a comprehensive source for business operational needs.
This division offers a variety of products, including cleaning and janitorial supplies, breakroom necessities, office furniture, and technology products. Additionally, it provides services such as copy and print, through a combination of sales force, catalogs, telesales, and online platforms. Its focus is on office supply distribution.
Under this division, a wide range of products including office supplies, technology products and solutions, business machines and related supplies, cleaning, breakroom and facilities products, personal protective equipment, and office furniture are offered. It also delivers business services like copying, printing, digital imaging, mailing, shipping, and technology support services, available through an integrated omni-channel platform of 980 Office Depot and OfficeMax retail stores, and online at www.officedepot.com.
The Veyer division is dedicated to supply chain, distribution, procurement, and global sourcing operations. It focuses on streamlining the supply process for businesses, enhancing the efficiency of procurement and distribution of office supplies and related products.
Varis operates as a tech-enabled B2B indirect procurement marketplace, providing a platform for buyers and suppliers to transact with ease. The division offers a consumer-like buying experience, advanced spend management tools, a network of suppliers, and robust technology capabilities to facilitate business transactions efficiently.
The ODP Corporation's product lines are marketed under various brands, namely Office Depot, OfficeMax, Grand&Toy, among others, catering to a diverse range of business operations and needs.