ODP Corporation published this content on 05 November 2020 and is solely responsible for the information contained therein. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Sincerely, Joseph S. Vassalluzzo Chairman of the Board of Directors of The ODP Corporation About The ODP Corporation The ODP Corporation (NASDAQ:ODP) is a leading provider of … USR Parent, Inc. (the "Staples U.S. Retail Business" or "Staples") proposes to acquire 100% of the issued and outstanding common stock of The ODP Corporation ("ODP… The stock has moved higher by 16.3% in the past month, while it is also above its 20 day SMA too. Smith was the chief operating officer at Lenovo Group. The Wall Street Journal reported 9 hours ago that Staples Seeks to Buy Office Depot, Again. The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability. Opening Hours. The ODP Corporation (ODP) had a good day on the market for Thursday January 14 as shares jumped 1.91% to close at $45.93. The ODP Corporation (Name of Subject Company) The ODP Corporation (Names of Person(s) Filing Statement) Common Stock, $0.01 par value per share (Title of Class of Securities) 88337F 105 (CUSIP Number of Class of Securities) N. David Bleisch, Esq. Press Release reported 15 hours ago that The ODP Corporation Announces Third Quarter 2020 Results. The ODP Corporation (NASDAQ:ODP) went up by 19.43% from its latest closing price compared to the recent 1-year high of $38.42. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. The ODP Corporation replaces Office Depot, Inc. as the public company trading on Nasdaq under the ticker symbol “ODP”. The ODP Corporation has a market cap of $2.42 Billion and is expected to release its quarterly earnings report on Feb 24, 2021- Mar 01, 2021. Office Depot, Inc. engages in the provision of office products, services, supplies, and technology solutions. The ODP Corporation is a holding company which operates in the USA. The ODP Corporation provides business services and supplies, products, and technology solutions for small, medium, and enterprise businesses. All rights reserved. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. About 1.61 million shares traded hands on 15,466 trades for the day, The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. [citation needed] Office Depot then entered the European and Australian direct mail market, after acquiring Viking Direct in May 1998. The ODP Corporation (ODP) had a good day on the market for Tuesday January 12 as shares jumped 3.99% to close at $45.90. Get directions, reviews and information for The ODP Corporation in Boca Raton, FL. ODP Corp is primarely in the business of retail-miscellaneous shopping goods stores. 0. Notes That Sycamore s Proposal Does Not Adequately Address Regulatory Risk to Office Depot Shareholders BOCA RATON, Fla. --(BUSINESS WIRE)--Jan. 19, 2021-- The ODP Corporation ( ODP, or the Company ) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and retail locations, today sent … The ODP Corporation is an American office supply retailing company headquartered in Boca Raton, Florida. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. [citation needed], On July 18, 1997, the Federal Trade Commission (FTC) reported that a federal district court in Washington, D.C. granted their request for a preliminary injunction, blocking Office Depot and Staples from merging as one company. The Company is operating through its direct and indirect subsidiaries, maintains a fully integrated business-to-business (B2B) distribution platform of approximately 1,300 stores and online presence. On the other hand, the S&P 500 Index was down -0.3% in the last trading session while the Dow Jones Industrial closed the session lower at -0.57%. The name of the corporation is The ODP Corporation. The ODP Corporation is an American office supply retailing company headquartered in Boca Raton, Florida. ARTICLE THREE . The company operates in three divisions: Business Solutions, Retail, and CompuCom. The ODP Corp is a provider of business services, products, and digital workplace technology solutions to small, medium, and enterprise businesses. [28], In November 2012, Office Depot partnered with the Born This Way Foundation to sell limited edition office supplies and give 25% of earnings to the organization. Get the hottest stocks to trade every day before the market opens 100% free. The CompuCom segment comprises procurement, installation, and managing the life cycle of hardware and software businesses; and offers information technology (IT) support services including remote help desk, data centers, and on-site IT professionals. The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. Due to continued profitability issues, this store began a liquidation sale in 2011 and was closed several days later. To see how The ODP Corporation stock has been performing today in comparison to its peers in the industry, here are the numbers: ODP stock’s performance was +16.42% at last check in today’s session, and +52.41% in the past year, while Tractor Supply Company (TSCO) has been trading +0.46% in recent session and positioned +64.42% higher than it was a year ago. However, the Federal Trade Commission voted to block the merger in December 2015. The ODP Corporation (NASDAQ:ODP) is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and … Get the latest Price and Consensus Chart for The ODP Corporation from Zacks Investment Research The ODP Corporation outlines path forward for value creation in letter to Sycamore Partners, owner of Staples [23] The Boca Raton headquarters was also awarded LEED Gold certification in September 2010.[24]. The ODP Corporation (NASDAQ:ODP) is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online … The ODP Corporation (“ODP” or the “Company”) (NASDAQ:ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform and retail locations, today confirmed that it has received a proposal to acquire the Company from USR Parent, Inc. (“USR Parent”), the parent company of Staples and a portfolio … ODP challenges Staples offer, outlines own proposals. In January 2005, Office Depot became a partner of NASCAR, with the title "Official Office Products Partner of NASCAR". The Business Solutions segment trades branded and private branded products and services and provides copy and print services. [7][8], In April 1991, it merged with Office Club, which provided an expansion to the West Coast. Distributed by Public, unedited and … Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Order Online Tickets Tickets See Availability Directions {{::location.tagLine.value.text}} Sponsored Topics. ODP challenges Staples offer, outlines own proposals. The ODP Corporation outlines path forward for value creation in letter to Sycamore Partners, owner of Staples [10], In December 2001, Viking Direct expanded to Central America with new retail stores in El Salvador, Guatemala, and Costa Rica through a joint licensing agreement. Fundamental company data and analyst estimates provided by FactSet. The ODP Corporation (NASDAQ:ODP) will announce third quarter 2020 financial results before the market open on Thursday, November 5, 2020. Data may be intentionally delayed pursuant to supplier requirements. Office Depot, Inc., The ODP Corp., Globallogic Worldwide Holdings, Inc., GlobalLogic, Inc., Topia Ltd. Tim Perrott - Vice President, Investor Relations. The ODP Corporation (NASDAQ:ODP) went up by 4.68% from its latest closing price compared to the recent 1-year high of $29.90. The company’s stock price has collected 16.88% of gains in the last five trading sessions. The company’s stock price has collected 26.52% of gains in the last five trading sessions. [12], On February 20, 2013, it was announced that Office Depot and OfficeMax would combine in an all-stock deal, pending regulatory approval and stockholder approval. International stock quotes are delayed as per exchange requirements. The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology soluti The ODP Corporation (ODP) has knocked back Staples’ approach to the acquire the whole company, but has said it is still open to a combination of their retail operations. [17][18] The United States District Court for the District of Columbia granted the FTC a preliminary injunction against the merger on May 10, 2016, resulting in the proposed merger's termination. A rating of 100 puts ODP Corp (ODP) near the top of the Specialty Retail industry according to InvestorsObserver. The ODP (NASDAQ:ODP) and Academy Sports and Outdoors (NASDAQ:ASO) are both mid-cap retail/wholesale companies, but which is the better investment? Dow Jones, a News Corp company News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. ODP Corp is a registered with the U.S. Security and Exchange Commission . [20][21], Office Depot bought technology services firm CompuCom in 2017 to help it compete with Amazon, warning investors at the time that the acquisition would show disappointing revenue in the quarter whose earnings would be reported in May 2019. [29][30], In March 2019, Office Depot and Support.com, Inc., a California-based tech support software provider, agreed to pay a total of $35 million to settle Federal Trade Commission allegations that the companies tricked customers into buying millions of dollars' worth of computer repair and technical services by deceptively claiming their software had found malware symptoms on the customers' computers.[31]. 6600 North Military Trail Boca Raton Florida 33496 United States. 6600 North Military Trail Read what bloggers on Seeking Alpha are saying about The ODP Corporation (ODP). The ODP Corporation, a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced results for … Company Participants. View detailed ODP description & address. Copyright © FactSet Research Systems Inc. All rights reserved. [citation needed] The first store, located at the Lakes Mall in Lauderdale Lakes, Florida, opened in October 1986. By. About 1.14 million shares traded hands on 13,221 trades for the day, ODP Corporation is a provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses. 6600 North Military Trail . [9] In 1995, Office Depot entered the Mexican marketplace in a joint venture with Grupo Gigante, making it the retailer's first international expansion. 14 Chevrolet at Stewart-Haas Racing in 2009. Facebook. The address of the Corporation’s registered office in the State of Delaware is Corporation Trust Center, 1209 Orange Street, in the City of Wilmington, County of New Castle, Delaware 19801. Twitter. American Express; Discover; MasterCard; Visa; … However, ODP Corporation pointed that if Staples intends to go ahead with its complete takeover plan, then it should be prepared to address the regulatory issues and bear other risks. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. However, ODP Corporation pointed that if Staples intends to go ahead with its complete takeover plan, then it should be prepared to address the regulatory issues and bear other risks. An Office Depot store in Markham, Ontario. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. ODP Corp. said Tuesday its board of directors has carefully reviewed USR Parent Inc.'s or Staples proposal announced on January 11, 2021 to acquire ODP's entire issued and outstanding common stock for $40.00 per share in cash.ODP added its board has unanimously concluded that there is a more compelling path forward to create value for the company as well as its shareholders than the … [14][15] In May 2014, Office Depot announced the closure of four hundred stores, due to declining sales and customer migration to e-retailers. The ODP Corporation represents 53.00 million in outstanding shares, while the company has a total market value of $1.48 billion with the latest information. View detailed ODP description & address. Reverse Stock Split Implemented at a 1-for-10 Ratio Effective at 4:01 p.m. EDT on June 30, 2020 Email. The address of the Corporation’s registered office in the State of Delaware is Corporation Trust Center, 1209 Orange Street, in the City of Wilmington, County of New Castle, Delaware 19801. Office Depot was founded in October 1986 by F. Patrick Sher, Stephen Doughtery, and Jack Kopkin, who became the company's chairman and chief executive officer, the president, and executive vice president respectively. The ODP Corp., Federal Realty Investment Trust, Office Depot, Inc. Office Depot, Inc., The ODP Corp., The Electronic Document Systems Foundation. The ODP Corporation replaces Office Depot, Inc. as the public company trading on Nasdaq under the ticker symbol — ODP. The ODP Corporation (ODP) had a good day on the market for Tuesday January 12 as shares jumped 3.99% to close at $45.90. Executive Vice President, Chief Legal & Administrative Officer . To add more color to this target, the company’s high over the last year is $29.90 and the low is $12.30. Company profile for ODP Corp. including key executives, insider trading, ownership, revenue and average growth rates. [25][26] In the same year, the company signed on as the primary sponsor of the #99 Ford Fusion, owned by Roush Fenway Racing and previously driven by Carl Edwards. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Shares dropped significantly in early April 2019 as a result. Office Depot is Now a Subsidiary of the New Public Company, The ODP Corporation . Source: FactSet. Executive Vice President, Chief Legal & Administrative Officer . In December 2008, Office Depot announced that it would become the co primary sponsor for Tony Stewart and the No. Reviews (561) 438-4800 Website. The company's portfolio of brands includes Office Depot, OfficeMax, Grand & Toy, Ativa, TUL, Foray, Realspace, and DiVOGA.[5]. Over the last 52 weeks, ODP is down -29.26% while the S&P 500 is up 0.32%. The company operates 1,400 retail stores, e-commerce sites and a business-to-business sales organization. The ODP Corp., Office Depot, Inc., Vital Voices Global Partnership, Inc. Chief Financial Officer & Executive Vice President, Secretary, Chief Legal & Administrative Officer, Chief Retail Officer & Executive Vice President, Chief Merchandising & Supply Chain Officer, EVP, Chief Accounting Officer & Senior Vice President, Total Insider Purchases and Sales Reported to the SEC, News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. [11] Office Depot sold Office Depot Europe (Viking Direct's parent) to an investment firm in September 2017. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. [13] The merger was completed on November 5, 2013. Reviews (561) 438-4800 Website. The ODP Corporation (NASDAQ:ODP) went up by 18.35% from its latest closing price compared to the recent 1-year high of $29.90. As of late, it has definitely been a great time to be an investor in The ODP Corporation ODP. Menu & Reservations Make Reservations . The company operates under three reportable segments: Business Solutions, Retail, and CompuCom. Company profile page for ODP Corp/The including stock price, company news, press releases, executives, board members, and contact information ARTICLE TWO . With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the ODP stock to lose ahead of the earnings release. The ODP Corporation has a P/E ratio of 0 against that of Tractor Supply Company’s 24.16 while Ulta Beauty Inc is showing 75.64 for the same. ODP: The ODP Corporation - Price and Consensus Chart. ARTICLE TWO . The name of its registered agent at such address is The Corporation Trust Company. [16], On February 4, 2015, it was announced that rival Staples had agreed to purchase Office Depot, in a cash and stock deal worth approximately $6.3 billion. The ODP Corp., SCAN Health Plan, Inc., Office Depot, Inc., The SCAN Foundation. ODP stock price has been found in the range of $28.46 to $30.89. Gerry Smith - … The ODP Corporation 6600 N Military Trl Boca Raton FL 33496. The ODP Corporation (ODP) had a good day on the market for Thursday January 14 as shares jumped 1.91% to close at $45.93. Menu & Reservations Make Reservations . This newly-formed holding company was … The company operates 1,400 retail stores,[4] e-commerce sites and a business-to-business sales organization. [22], Office Depot built a LEED Gold certified retail store in Austin, Texas, in April 2008. The Retail segment involves in selling merchandise through chain of office supply stores and offers products and services in the categories of supplies, technology, and furniture and other. The ODP Corporation (ODP) has knocked back Staples’ approach to the acquire the whole company, but has said it is still open to a combination of their retail operations. Mon: 8am-6pm; Tue: 8am-6pm; Wed: 8am-6pm; Thu: 8am-6pm; Fri: 8am-6pm; Payment. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. The Board of Directors of The ODP Corporation (“ODP”) has carefully reviewed and considered USR Parent Inc.’s (“Staples”) January 11, 2021 proposal to acquire 100% of ODP… The ODP Corporation is an American office supply retailing company headquartered in Boca Raton, Florida. View The ODP Corporation ODP investment & stock information. Get the latest The ODP Corporation ODP detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Linkedin. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright © Refinitiv. Office Depot store located in North Lauderdale, Florida, Office Depot location in Torrance, California, Office Depot’s corporate headquarters in Boca Raton, Florida, Learn how and when to remove these template messages, Learn how and when to remove this template message, United States District Court for the District of Columbia, "Office Depot, Inc. 2017 Annual Report (Form 10-K)", "Office Depot, Inc. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. The company’s stock price has collected 45.68% of gains in the last five trading sessions. Boca Raton, FL 33496 (561) 438-4800 (Name, Address … Announces Appointment of New Chief Financial Officer", "Office Depot Adds More Than 4% – Amazon Eyeing Office Depot's Corporate Business, Which Could Help Clear Staples Merger", "1986 Flashback: The birth of Office Depot in Lauderdale Lakes Mall", "Dow closes down more than 200 points; retail plunges, posts worst day since 2011", "Office Club merger into Office Depot completed", "Viking Direct Enters Spanish E-Commerce and Catalog Market", "Up to 100 staff to lose jobs at Viking Direct", "Office Depot, OfficeMax to Merge to Compete With Staples", "Office Depot closes deal to buy OfficeMax", "Office Depot and OfficeMax Complete Merger", "Office Depot to close 400 US stores, posts loss", "FTC votes to block Staples merger with Office Depot", "FTC has no interest in allowing Staples' acquisition of Office Depot/", "Staples, Office Depot scrap merger deal after judge rules for FTC", "Office Depot names Gerry Smith as new CEO", "Office Depot names Lenovo executive Gerry Smith new CEO", "Office Depot needs to reverse these trends to compete with Amazon Business", "Office Depot receives LEED Gold Certification", "Office Depot's Florida HQ gets LEED-Gold certification", "Office Depot Inks Deal to Be Official NASCAR(R) Partner | Office Depot Online Newsroom", "Tony Stewart loses Office Depot as primary sponsor", "Lady Gaga's Born This Way Foundation Partners With Office Depot - ARTISTdirect News", "MTV Style | Born This Way Foundation Sells Bravery Bracelets At Office Depot", "Office Depot and Tech Support Firm Will Pay $35 Million to Settle FTC Allegations That They Tricked Consumers into Buying Costly Computer Repair Services", https://en.wikipedia.org/w/index.php?title=The_ODP_Corporation&oldid=999713790, Companies formerly listed on the New York Stock Exchange, Office supply retailers of the United States, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, Articles needing additional references from September 2013, All articles needing additional references, Articles with multiple maintenance issues, Articles with unsourced statements from May 2018, Articles with unsourced statements from September 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 11 January 2021, at 15:53. The ODP Corporation (Name of Subject Company) The ODP Corporation (Names of Person(s) Filing Statement) Common Stock, $0.01 par value per share (Title of Class of Securities) 88337F 105 (CUSIP Number of Class of Securities) N. David Bleisch, Esq. Lots, Inc sponsor for Tony Stewart the odp corporation address Stewart-Haas Racing investment firm in September 2017 name the.: Futures prices are delayed at least 10 minutes as per exchange requirements to block the merger completed! 2008, Office Depot, Inc., Darden Restaurants, Inc., Lots... The merger was completed on November 5, 2020 9:00 AM ET puts ODP is.: Bond quotes are updated in real-time, stats and more Raton headquarters was awarded! The United States in September 2010. [ 24 ] found in last., or for any actions taken in reliance thereon Street Journal reported 9 hours ago that Staples Seeks to Office... Cup Series season and exchange Commission Third Quarter 2020 Results they sponsored Edwards until the end of the NASCAR. 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