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Odp Reports $11 Million Quarterly Profit
By USinMinutes - Feb 26, 2025, 06:50 AM ET
Last Updated - Feb 26, 2025, 06:51 AM EST
The company records $1.6 billion revenue for Q4 ended Dec 28, 2024
ODP Corp [ODP] reported $11 million profit for Q4 ended Dec 28, 2024, showing a decrease of $28 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 26, 2025 that it generated revenue of $1.6 billion for the period, showing a decrease of $179 million in the same quarter of the previous year.
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Based in Boca Raton, Florida, the company reported $0.4 earnings per share for the period, compared to $1 in the last quarter.
The company's profit decreased by 71.79% from $39 million in the last quarter.
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The revenue decreased 9.92% from $1.8 billion in the same quarter of the previous year.
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