FORT LAUDERDALE, Fla., April 08, 2024 (GLOBE NEWSWIRE) -- The Mark Cuban Foundation, in partnership with The ODP Corporation, is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in Fort Lauderdale. With a custom and highly-relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel t ...

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BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, announced today that its executive vice president and chief financial officer, D. Anthony Scaglione, and vice president of investor relations and treasurer, Tim Perrott, will participate in the UBS Global Consumer & Retail Conference on March 13th, 2024. About The ODP Corporation The ODP Corporation (NASDAQ:ODP) is a ...

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Investors interested in Retail - Miscellaneous stocks are likely familiar with ODP Corp. (ODP) and Ulta Beauty (ULTA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earn ...

ODP Corp. (ODP) closed the last trading session at $54.41, gaining 5.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $72.75 indicates a 33.7% upside potential.The mean estimate comprises four short-term price targets with a standard deviation of $19.07. While the lowest estimate of $56 indicates a 2.9% increase from the current price level, the most optimistic analyst expects th ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...

BOCA RATON, Fla.--(BUSINESS WIRE)--The ODP Corporation (“ODP,” or the “Company”) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced that it has partnered with Matthews South to assist in optimizing the initial quarterly execution of its share repurchases under its newly authorized $1 billion share repurchase program. Matthews South is a leading capital markets advisory and software firm transforming the way public and private compani ...

财务数据和关键指标变化 - 2023年全年收入超过78亿美元,剔除去年第53周的影响,同比下降约6% [53] - 2023年全年调整后营业利润为2.9亿美元,与去年基本持平 [54] - 2023年全年调整后EBITDA为4.17亿美元 [54] - 2023年全年调整后每股收益为5.60美元,同比增长27% [54] - 2023年全年经营活动产生的现金流为3.31亿美元,同比大幅增加 [56] - 2023年全年调整后自由现金流为2.35亿美元,超出公司指引 [56] 各条业务线数据和关键指标变化 ODP Business Solutions - 2023年全年收入略有下降,但利润率和营业利润大幅提升,分别增长约100个基点和24% [57][58][61][62][63] - 2023年第四季度收入下降4%,剔除去年第53周影响,主要受到宏观经济环境和企业支出放缓的影响 [57][58] - 2023年全年毛利率和营业利润率持续提升,体现了该业务的竞争优势和盈利能力 [57][61][62][63] - 该业务的联盟公司(区域并购实体)表现稳健,年收入超过6亿美元 [24] - 该业务的附属产品类别占总收入的44%,公司长期目标是持续提升这一占比 [24][61] Office Depot - 2023年全年收入下降,主要受到门店减少和消费需求下降的影响 [27][28][67] - 2023年第四季度收入下降13%,剔除去年第53周影响 [68] - 尽管收入下滑,但该业务保持了较好的利润水平和现金流表现 [27][28] - 公司正在优化门店网络,并推出"Education 365"等举措以提升销售 [29][30][149] Veyer - 2023年第三方客户收入增长25%,第三方EBITDA增长120% [34][74] - 该业务正在不断提升技术能力,如部署新的仓储管理系统等 [35] - 公司对Veyer的未来发展前景和价值创造能力感到非常乐观 [139] 各个市场数据和关键指标变化 - 未提及具体市场数据和关键指标变化 公司战略和发展方向及行业竞争 - 公司在2023年成功实施并报告了新的四大业务部门架构,有助于更好地驱动B2B和B2C业务 [11][21][22] - 公司保持对卓越运营和资本配置策略的坚定承诺,在宏观环境挑战下仍交出了出色的业绩 [12][15][20] - 公司正在推出"Project Core"业务优化计划,进一步提升运营效率和聚焦核心业务,同时通过新的10亿美元股票回购计划回报股东 [37][38][42] - 公司对Veyer未来的发展前景和价值创造能力感到乐观,并计划在今年晚些时候举办Veyer的投资者日 [139] - 公司对Varis业务进行了战略评估,将在5月份的财报发布时公布结果和未来计划 [36][40] 管理层对经营环境和未来前景的评论 - 公司预计2024年收入将下降2%-5%,受到宏观经济环境持续挑战的影响 [86] - 但公司有信心通过"Project Core"计划进一步提升运营效率,预计2024年将实现4.1-4.3亿美元的调整后EBITDA和2.8-3亿美元的调整后营业利润 [86] - 公司对ODP Business Solutions的长期前景保持乐观,并相信该业务有机会继续增长市场份额 [26] - 公司对Veyer未来的发展前景感到非常乐观,认为该业务有潜力在未来3-4年内为公司带来重大价值贡献 [139] 问答环节重要的提问和回答 问题1 **Jeffrey Lick 提问** 询问了"Project Core"计划的具体内容和Varis业务的评估进度 [97][102] **Gerry Smith 和 Anthony Scaglione 回答** - "Project Core"计划将涉及全方位的成本优化措施,包括采购成本、人员成本以及业务流程优化等,预计可实现5000-6000万美元的年度运营成本节约 [99][100][101] - 公司正在对Varis业务进行全面的战略评估,将在5月份的财报发布时公布结果和未来计划 [102][135] 问题2 **Michael Lasser 提问** 询问了为何公司决定不分拆ODP Business Solutions业务 [112] **Gerry Smith 和 Anthony Scaglione 回答** - 公司经过深入分析和评估,认为目前保持ODP Business Solutions和Office Depot业务整合更有利于股东价值最大化 [113][114][115] - 四大业务部门架构已经为各业务线提供了较好的透明度,公司将继续关注如何通过此架构提升各业务的估值 [116] 问题3 **Gregory Burns 提问** 询问了"Project Core"计划的时间进度安排 [130] **Anthony Scaglione 回答** - 该计划的成本节约效果将从第二季度开始体现,并在全年持续释放,预计2024年全年可实现3000万美元的成本节约 [131]

财报表现 - ODP Corp.在最近的季度财报中每股收益为0.92美元，超过了Zacks Consensus Estimate的0.76美元[1] - 公司在过去四个季度中，有三次超过了市场预期的每股收益[2] - ODP Corp.在去年同期相比，本季度的营收为18.1亿美元，低于Zacks Consensus Estimate[3] - 公司股价的短期走势将取决于管理层在财报电话会议中的评论[4]