Office Depot

The ODP Corp (NASDAQ: ODP) reported a second-quarter FY23 sales decline of 6% year-on-year to $1.908 billion, beating the consensus of $1.980 billion. The business services provider registered an adjusted EPS of $0.99, beating the analyst consensus of $0.770. The year-over-year...

A new poll highlighted the fastest-growing brands based on awareness. The poll results were sorted by age demographic, which could help show which brands are bound to be popular in the future. Here’s a look at the results. What Happened: A new poll from Morning Consult showed the...

The big retailers are set to begin reporting their most recent quarterly results this week. Mixed results from two of them are the best that analysts expect to see this week. Yet both of those companies have tended to exceed earnings expectations in recent periods. The second-quarter earnings...

Staples, Inc. (NASDAQ: SPLS) reported on Tuesday its first-quarter results in which the office supply retailer's earnings of $0.17 was in line with expectations and revenue of $4.15 billion fell short of the $4.50 billion analysts were expecting. According to Loop Capital Markets' Anthony...

Reports from two specialty retailers will be earnings highlights this week. Wall Street analysts expect mixed results both of them. Just one of them has topped earnings expectations the past two quarters. As the first-quarter earnings reporting season is just beginning to wind down, it is about...

Anthony Chukumba of BB&T Capital Markets was a guest on CNBC's "Power Lunch" segment Wednesday to discuss the pending merger between Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP), which has now been officially terminated. According to Chukumba, the...

Shares of Staples, Inc. (NASDAQ: SPLS) were trading lower by more than 16 percent early Wednesday morning, while shares of Office Depot Inc (NASDAQ: ODP) plunged more than 35 percent after the companies called off their proposed merger. Staples said in its press release the decision to...

Shares of Office Depot Inc (NASDAQ: ODP) were trading lower by 0.6 percent Tuesday morning after the company reported first quarter results and provided an update on its pending merger with Staples, Inc. (NASDAQ: SPLS) Office Depot said it earned $0.10 per share in the first quarter on revenue...

Shares of Staples, Inc. (NASDAQ: SPLS) were trading higher by 0.18 percent early Tuesday morning after the New York Post reported the company is close to gaining FTC approval for its pending acquisition of Office Depot Inc (NASDAQ: ODP). Related Link: Update: Staples-Office Depot Merger Math Shows...

Shares of Staples, Inc. (NASDAQ: SPLS) sank to a new 52-week low of $8.29 on Wednesday and was trading lower by nearly 5 percent after the company provided an update on its proposed acquisition of Office Depot Inc (NASDAQ: ODP). Staples announced that the Board of Directors of both companies...

Shares of Staples, Inc. (NASDAQ: SPLS) were trading lower by nearly 2 percent early Monday afternoon while shares of Office Depot Inc (NASDAQ: ODP) were lower by more than 3 percent. Staples announced in February it intends to acquire Office Depot for around $6 billion. An acquisition...

Shares of Office Depot Inc (NASDAQ: ODP) have fallen significantly from mid-year highs due to continued uncertainty regarding its planned acquisition by Staples, Inc. (NASDAQ: SPLS). In a report published Monday, B. Riley analyst Scott Tilghman argued that "it is unlikely" that the...

Summer is beginning to wind down and many of the S&P 500 have already shared second-quarter results. However, there still will be plenty to mull over on the earnings front this week. The big retailers are beginning to report, and Wall Street analysts are looking for year-on-year gains on the...