Office Depot: 3Q Earnings Snapshot
BOCA RATON, Fla. (AP) — Office Depot Inc. (ODP) on Wednesday reported third-quarter profit of $60 million.
The Boca Raton, Florida-based company said it had profit of 11 cents per share. Earnings, adjusted for non-recurring costs, were 15 cents per share.
The office supply retailer posted revenue of $2.78 billion in the period.
Office Depot expects full-year revenue in the range of $10.8 billion to $10.9 billion.
The company’s shares closed at $2.19. A year ago, they were trading at $2.68.