Posted by: traax November 1, 2018
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Since the merger of Office depot and Office Max, they are now in a good position to 'turn around' And move on to compete with online players...Watch out ODP at these prices....Good turn around story here . Great money to be made in couple of years....already they are gaining sales, cutting cost etc.. They also pay dividend by the way. You get paid every few months while watch the company grow...just for education of course.
Office Depot Inc - ODP
From last quarter conference call transkript ---
Beginning on slide four, I’d like to share with you some of our strong second quarter financial highlights. Total sales in the second quarter were $2.6 billion, up 11% versus the prior year. Say that again, up 11% versus the prior year.
This is an acceleration from the 6% growth rate that we drove in the first quarter of the year, while the acquisition of CompuCom clearly played a major role in the overall growth rate. I am extremely pleased that we’re able to drive sales trend improvements across all three of our operating divisions.
Office Depot Inc - ODP
Last edited: 01-Nov-18 11:08 AM