Source: FactSet. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. [19], In January 2017, Gerry Smith was named as the company's new CEO, effective February 27. [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]. The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology soluti 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. [11] Office Depot sold Office Depot Europe (Viking Direct's parent) to an investment firm in September 2017. American Express; Discover; MasterCard; Visa; … 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 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. The ODP Corp is a provider of business services, products, and digital workplace technology solutions to small, medium, and enterprise businesses. Executive Vice President, Chief Legal & Administrative Officer . 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. Office Depot, Inc. engages in the provision of office products, services, supplies, and technology solutions. ODP Corp is primarely in the business of retail-miscellaneous shopping goods stores. In December 2008, Office Depot announced that it would become the co primary sponsor for Tony Stewart and the No. The ODP Corp., Federal Realty Investment Trust, Office Depot, Inc. Office Depot, Inc., The ODP Corp., The Electronic Document Systems Foundation. [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. We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability. Smith was the chief operating officer at Lenovo Group. It operates through the following segments: Retail, Business Solutions, and CompuCom. All outstanding shares of Office Depot have been automatically converted into shares of common stock in The ODP Corporation, and Office Depot now operates as a wholly-owned subsidiary of The ODP Corporation. 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 … International stock quotes are delayed as per exchange requirements. 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. Due to continued profitability issues, this store began a liquidation sale in 2011 and was closed several days later. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. [citation needed] Office Depot then entered the European and Australian direct mail market, after acquiring Viking Direct in May 1998. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Order Online Tickets Tickets See Availability Directions {{::location.tagLine.value.text}} Sponsored Topics. 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. 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. However, the Federal Trade Commission voted to block the merger in December 2015. The company’s stock price has collected 45.68% of gains in the last five trading sessions. 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. View detailed ODP description & address. The company operates in three divisions: Business Solutions, Retail, and CompuCom. 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. 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 company’s stock price has collected 26.52% of gains in the last five trading sessions. 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 … The name of its registered agent at such address is The Corporation Trust Company. The company operates 1,400 retail stores,[4] e-commerce sites and a business-to-business sales organization. Over the last 52 weeks, ODP is down -29.26% while the S&P 500 is up 0.32%. Source: Kantar Media. [13] The merger was completed on November 5, 2013. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 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. Get the hottest stocks to trade every day before the market opens 100% free. The ODP Corporation 6600 N Military Trl Boca Raton FL 33496. ARTICLE TWO . The name of the corporation is The ODP Corporation. ODP challenges Staples offer, outlines own proposals. By. The ODP Corporation is an American office supply retailing company headquartered in Boca Raton, Florida. ODP: The ODP Corporation - Price and Consensus Chart. 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. Email. Mon: 8am-6pm; Tue: 8am-6pm; Wed: 8am-6pm; Thu: 8am-6pm; Fri: 8am-6pm; Payment. Gerry Smith - … 6600 North Military Trail . [citation needed] The first store, located at the Lakes Mall in Lauderdale Lakes, Florida, opened in October 1986. Profitability This table compares The ODP and Academy Sports and … … ODP Corporation is a provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses. 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 Outlines Path Forward for Value Creation in Letter to Sycamore Partners, Owner of Staples. The company operates 1,400 retail stores, e-commerce sites and a business-to-business sales organization. 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. [9] In 1995, Office Depot entered the Mexican marketplace in a joint venture with Grupo Gigante, making it the retailer's first international expansion. [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. 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… 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. 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 … Company profile for ODP Corp. including key executives, insider trading, ownership, revenue and average growth rates. 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. 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 [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. [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 Corp., Arrow Electronics, Inc., Office Depot, Inc. The ODP Corporation is an American office supply retailing company headquartered in Boca Raton, Florida. 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. ODP challenges Staples offer, outlines own proposals. ODP Corporation published this content on 05 November 2020 and is solely responsible for the information contained therein. Get the latest Price and Consensus Chart for The ODP Corporation from Zacks Investment Research Tim Perrott - Vice President, Investor Relations. Reviews (561) 438-4800 Website. ARTICLE THREE . The ODP Corporation outlines path forward for value creation in letter to Sycamore Partners, owner of Staples Copyright © FactSet Research Systems Inc. All rights reserved. The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. 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 ODP Corporation is a holding company which operates in the USA. 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. Distributed by Public, unedited and … About 1.61 million shares traded hands on 15,466 trades for the day, As of late, it has definitely been a great time to be an investor in The ODP Corporation ODP. The ODP Corporation outlines path forward for value creation in letter to Sycamore Partners, owner of Staples 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. They sponsored Edwards until the end of the 2008 NASCAR Sprint Cup Series season. In January 2005, Office Depot became a partner of NASCAR, with the title "Official Office Products Partner of NASCAR". Twitter. The stock has moved higher by 16.3% in the past month, while it is also above its 20 day SMA too. 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. ODP Corporation (ODP) Outlines Path Forward for Value Creation in Letter to Sycamore Partners, Owner of Staples . Change value during other periods is calculated as the difference between the last trade and the most recent settle. Andy Braithwaite - 19 January 2021. [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. [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. About 1.14 million shares traded hands on 13,221 trades for the day, ODP stock price has been found in the range of $28.46 to $30.89. 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 … 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. The ODP Corp., SCAN Health Plan, Inc., Office Depot, Inc., The SCAN Foundation. Shares dropped significantly in early April 2019 as a result. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. ARTICLE TWO . 6600 North Military Trail Boca Raton Florida 33496 United States. 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. Share. The ODP Corporation 6600 N Military Trl Boca Raton FL 33496. The company was founded by F. Patrick Sher, Stephen Dougherty, and Jack Kopkin in March 1986 and is headquartered in Boca Raton, FL. In comparing The ODP Corporation (ODP)’s stock with other industry players reveals that stock’s current price change of +2.3% and that of +84.86% over the past 12 months is in better position with that of Tractor Supply Company (TSCO) which saw its stock price raised by 0.28% in the last trading and went through an increase of 66.15% in past 12-month trading. ODP Corp's score of 100 means it scores higher than 100% Get the hottest stocks to trade every day before the market … Office Depot, Inc., The ODP Corp., Globallogic Worldwide Holdings, Inc., GlobalLogic, Inc., Topia Ltd. Notes That Sycamore’s Proposal Does Not Adequately Address Regulatory Risk to Office Depot Shareholders . 6600 North Military Trail [23] The Boca Raton headquarters was also awarded LEED Gold certification in September 2010.[24]. Office Depot is Now a Subsidiary of the New Public Company, The ODP Corporation . 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. 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. The company’s stock price has collected 16.88% of gains in the last five trading sessions. Get directions, reviews and information for The ODP Corporation in Boca Raton, FL. Opening Hours. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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 … A rating of 100 puts ODP Corp (ODP) near the top of the Specialty Retail industry according to InvestorsObserver. All rights reserved. The ODP Corp., Tractor Supply Co., Office Depot, Inc., Darden Restaurants, Inc., Big Lots, Inc. This newly-formed holding company was … About 1.61 million shares traded hands on 15,466 trades for the day, Company Participants. The Business Solutions segment trades branded and private branded products and services and provides copy and print services. Linkedin. Get the latest The ODP Corporation ODP detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. [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. [27] In September 2012, Office Depot announced it would not renew sponsorship with Tony Stewart or Stewart-Haas Racing. If compared to the average trading volume of 510.74K shares, ODP reached a trading volume of 1160587 in the most recent trading day, which is why market watchdogs … [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. View detailed ODP description & address. The company's portfolio of brands includes Office Depot, OfficeMax, Grand & Toy, Ativa, TUL, Foray, Realspace, and DiVOGA.[5]. Boca Raton, FL 33496 (561) 438-4800 (Name, Address … Errors or delays in the past month, while it is also above its 20 day SMA..: ODP ) Q3 2020 Earnings Conference Call November 5, 2020 9:00 AM ET Does! 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