ODP Corporation Reports Q2 2025 Earnings Results

Odp Corporation ( (ODP) ) has released its Q2 earnings. Here is a breakdown of the information Odp Corporation presented to its investors.

The ODP Corporation is a leading provider of products, services, and technology solutions to businesses and consumers, operating in the business-to-business (B2B) distribution sector with a significant omni-channel presence, including Office Depot and OfficeMax retail stores.

In its second-quarter 2025 earnings report, The ODP Corporation reported a revenue of $1.6 billion, reflecting an 8% decrease from the previous year. Despite the decline in sales, the company achieved a GAAP operating income of $9 million and adjusted earnings per share of $0.51, indicating a stable financial performance amidst challenging market conditions.

Key highlights from the report include the company’s progress in its long-term growth initiatives, particularly in the B2B distribution and consumer divisions. The ODP Business Solutions Division saw a 6% decrease in sales year-over-year but showed improved revenue trends, driven by new customer acquisitions and expansion into the hospitality sector. The Office Depot Division experienced a 10% decline in sales, attributed to fewer retail locations and reduced consumer traffic, yet managed to improve same-store sales trends. Additionally, the Veyer Division reported a significant increase in sales from third-party customers, contributing to the company’s overall performance.

Looking ahead, The ODP Corporation remains optimistic about its growth prospects, with expectations of continued strength in its consumer segment and improved revenue trends in the B2B distribution business. The company aims to generate over $115 million in adjusted free cash flow for the full year 2025, focusing on strategic initiatives and capitalizing on opportunities in the hospitality sector to drive long-term shareholder value.