The ODP Corporation (ODP1)
XDUS 
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Here is What to Know Beyond Why The ODP Corporation (ODP) is a Trending Stock
ODP Corp. (ODP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Is Trending Stock The ODP Corporation (ODP) a Buy Now?
ODP Corp. (ODP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
ODP Corp. (ODP) Surpasses Q3 Earnings Estimates
ODP Corp. (ODP) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.71 per share a year ago.
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The ODP Corporation Profile
| Specialty Retail Industry | Consumer Discretionary Sector | Gerry P. Smith CEO | XDUS Exchange | US88337F1057 ISIN |
| US Country | 19,000 Employees | 28 Feb 2020 Last Dividend | 1 Jul 2020 Last Split | 26 Mar 1990 IPO Date |
Overview
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.
Products and Services
- ODP Business Solutions:
- Office Depot:
- Veyer:
- Varis:
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.
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