1.3700 +0.04 (3.01%)
After hours: 7:53PM EDT
|Bid||1.3300 x 47300|
|Ask||1.3400 x 38800|
|Day's Range||1.3300 - 1.4600|
|52 Week Range||1.3300 - 3.8200|
|Beta (3Y Monthly)||2.13|
|PE Ratio (TTM)||10.64|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||0.10 (4.93%)|
|1y Target Est||1.93|
Back-to-school shopping season is in full swing, and retailers are banking on the season's success. Yahoo Finance's Brian Sozzi and Alexis Christoforous speak with Rodney Sides, leader of U.S. Retail and Distribution at Deloitte, and Mark Matthews, Vice President of Research and Industry Analysis at the National Retail Federation, to discuss this season's trends and expectations.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Office...
More than 10 years ago Ryan and Courtney Luke were both working, but with nothing to show for it except big cars and big debts. The Phoenix, Ariz. couple was making $72,000 in take-home pay, yet Ryan had $20,000 of debt, between the loan for his Nissan XTerra (NSANY) and the wedding band and engagement ring he bought on a credit card for his bride. With all their money tied up in their cars and debts, they couldn’t afford to spend on other activities or experiences, said Ryan, a 35-year-old police lieutenant at a large law enforcement agency in Arizona.
An OfficeMax store in Coral Gables will close and be replaced with a Target. A spokesperson from OfficeMax's parent company, Boca Raton-based Office Depot Inc. (Nasdaq: ODP), confirmed that the store at 1906 Ponce de Leon Blvd. will close Sept. 7. A Target spokesperson confirmed plans to open at this location, but couldn't provide an exact opening date.
Today we'll take a closer look at Office Depot, Inc. (NASDAQ:ODP) from a dividend investor's perspective. Owning a...
Office Depot's (ODP) second quarter sales fall, while earnings per share improves year over year. The company witnesses enhanced performance at CompuCom division on a sequential basis.
Office Depot (ODP) delivered earnings and revenue surprises of 40.00% and 0.03%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Office Depot Inc. stock rose nearly 3% in Wednesday premarket trading after the business supply retailer reported second-quarter earnings that beat expectations. Net losses totaled $24.0 million, or 4 cents per share after net income of $16.0 million, or 3 cents per share, last year. Adjusted EPS of 7 cents was ahead of the 5-cent FactSet consensus. Sales totaled $2.59 billion, down from $2.63 billion last year but in line with the FactSet guidance. Same-store sales in the retail division fell 4% due to lower traffic. The FactSet consensus was for a 4% decline. For 2019, Office Depot expects sales of $10.8 billion to $10.9 billion. FactSet guidance is for $10.84 billion. Office Depot stock has tumbled 32.2% for the year to date while the S&P 500 index is up 15% for the period.
Office Depot, Inc. (ODP), a leading provider of business services and supplies, products and technology solutions, today announced that its Board of Directors declared a dividend of $0.025 per share ($0.10 per share on an annualized basis) on the common stock of the Company. Office Depot, Inc. (ODP) is a leading provider of business services and supplies, products and technology solutions to small, medium and enterprise businesses, through a fully integrated business-to-business (“B2B”) distribution platform of approximately 1,300 stores, online presence, and dedicated sales professionals and technicians. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, as well as others, the company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business.
Office Depot (NASDAQ: ODP ) announces its next round of earnings this Wednesday, August 7. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement. Earnings and Revenue Analysts ...
Office Depot (ODP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Office Depot, Inc. , a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, will announce second quarter 2019 results before market open on Wednesday, August 7, 2019.
(Bloomberg) -- Alibaba Group Holding Ltd. is opening its oldest online platform to U.S. merchants, promising to help American businesses at a time U.S.-Chinese tensions are darkening the outlook for global trade.The Chinese e-commerce giant on Tuesday opened up Alibaba.com to U.S. sellers for the first time, allowing them to peddle to buyers around the world who seek merchandise to stock shelves or materials to make products. Alibaba says it now wants American producers to hawk their wares as well, eventually helping them tap a vast Chinese market. Fruit and vegetable wholesaler Robinson Fresh and Office Depot Inc. will be among the first U.S. names to join Alibaba.com.Two years after billionaire founder Jack Ma promised Donald Trump he would help create a million American jobs, Alibaba is opening up its wholesale platform to U.S. sellers who want to tap a multi-trillion dollar global procurement market. The initiative could generate new income and also goodwill for Alibaba in the U.S., particularly as Washington and Beijing spar over trade. The threat of rising tariffs is now encouraging businesses to source their merchandise and components locally, said John Caplan, president of Alibaba’s North American business-to-business effort.Rollout PlanU.S. business owners “increasingly want to find domestic producers because of trade concerns and this platform will allow them to do that,” he told Bloomberg News. He anticipates strong demand for American agricultural produce and consumer products. “Anything you put on or in your body.”Alibaba will send staff to promote the service to businesses and local chambers of commerce, and plans a September promotional event to drum up awareness, Caplan added.“The success of this program will depend on whether Alibaba can recruit a strong number of successful sellers,” said Jillian Ryan, principal analyst at researcher eMarketer. “It will ultimately determine whether Alibaba will be able go toe-to-toe with Amazon in the B2B commodity market.”The Chinese internet powerhouse is opening up Alibaba.com just as a decelerating home economy depresses the top line. The online retailer is expected to soon post its slowest quarterly revenue growth in three years.Oldest UnitUnlike its better-known consumer bazaars Taobao and Tmall, Alibaba.com was originally envisioned as a way to match foreign firms with Chinese wholesalers of everything from watches and shoes to raw textiles. Operating under the motto “global trade starts here,” Alibaba.com now connects about 150,000 mostly Chinese sellers. It had some 650,000 registered U.S.-based companies as of 2017. Those American businesses previously could only buy, not sell, via Alibaba.com.It’s the Chinese giant’s oldest business but now accounts for just a sliver of revenue, mostly through membership fees, marketing and shipping assistance.Alibaba still gets the vast majority of its revenue at home, but has taken steps to court international markets in recent years. It acquired Lazada to spearhead a foray into Southeast Asia. It’s also tweaking its main businesses: in June, it set up an English-language portal on Tmall for the first time to entice more merchants from around the world to sell to Chinese consumers.But like rival JD.com Inc., Alibaba is trying to grab a bigger slice of so-called cross-border e-commerce, particularly as affluent consumers in the world’s No. 2 economy buy more goods from abroad. That market is expected to reach 3.6 trillion yuan ($523 billion) by 2020, according to AliResearch, a unit of Alibaba.(Adds analyst comment)To contact the reporters on this story: Lulu Yilun Chen in Hong Kong at firstname.lastname@example.org;Olivia Rockeman in New York at email@example.comTo contact the editor responsible for this story: Edwin Chan at firstname.lastname@example.orgFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
We hope these efforts will help Office Depot (ODP) achieve the much-required turnaround in an environment where demand for office products is diminishing.
Office Depot, Inc. (ODP) today announced the launch of a number of programs to make it easier for teachers and schools to create classrooms they can be proud of and give their students the best opportunity to succeed this back-to-school season. According to a 2018 survey by the National Center for Education Statistics, 94 percent of public school teachers spend their own money to stock their classrooms with the necessary supplies and resources. For the 2019 back-to-school season, Office Depot is supporting teachers, parents, and schools with programs that celebrate the critical roles they play in the lives of students, to help them unleash their potential and start the new school year feeling confident and proud.