Sector: Consumer Cyclicals | Industry: Other Specialty Retailers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 6600 North Military Trail BOCA RATON FL 33496 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
Gerry P. Smith Chief Executive Officer, Director | D. Anthony Scaglione Chief Financial Officer, Executive Vice President | David C. Centrella Executive Vice President and President of ODP Business Solutions |
Zoee Maloney Chief Human Resource Officer, Executive Vice President | Sarah E. Hlavinka Executive Vice President, Chief Legal Officer and Corporate Secretary | John W. Gannfors Executive Vice President and President of Veyer |
Terry Leeper Executive Vice President | Kevin Moffitt Executive Vice President and President of Office Depot | Max Hood Senior Vice President, Chief Accounting Officer, Controller |
Business Overview |
The ODP Corporation is a holding company that provides business services and supplies, products and digital workplace technology solutions to small, medium-sized, and enterprise businesses. The Company operates under four Divisions: ODP Business Solutions Division, Office Depot Division, Veyer Division, and Varis Division. Its ODP Business Solutions Division sells nationally branded, as well as the Company's private branded, office supply and adjacency products and services to customers. The Company's Office Depot Division is a provider of retail consumer and small business products and services distributed through an omnichannel platform. Its Veyer Division specializes in B2B and consumer business service delivery, with distribution, fulfillment, transportation, global sourcing, and purchasing. The Company's Varis Division is focused on offering a B2B-centric digital commerce platform and provides the procurement controls and visibility businesses require to operate. |
Financial Overview |
For the fiscal year ended 30 December 2023, ODP Corp revenues decreased 8% to $7.83B. Net income before extraordinary items decreased 22% to $139M. Revenues reflect Office Depot Division segment decrease of 13% to $3.88B, Business Solutions Division segment decrease of 3% to $3.9B, Retail Sales, Total decrease of 13% to $3.88B, Catalog Sales, Total decrease of 3% to $3.9B. |
Employees: | 20,000 as of Jan 27, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,701M as of Dec 30, 2023 |
Annual revenue (TTM): | $7,831M as of Dec 30, 2023 |
EBITDA (TTM): | $405.00M as of Dec 30, 2023 |
Net annual income (TTM): | $139.00M as of Dec 30, 2023 |
Free cash flow (TTM): | $226.00M as of Dec 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 36,618,645 as of Feb 28, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |