ODP Corporation reports Q4 adjusted EPS 66c, consensus 80c

Reports Q4 revenue $1.62B, consensus $1.61B. “We made significant progress in our B2B pivot during the year, strengthening ODP‘s position to drive sustainable profitable growth in the future,” said Gerry Smith, chief executive officer of The ODP Corporation (ODP). “Our core strengths in supply chain, procurement, and distribution have continued to provide a meaningful competitive advantage, resulting in recent major new business wins across both our traditional market segments and in new higher-growth industry sectors. Building on our recent success and our core competencies, we are intensifying our focus on the growing potential within the B2B marketplace.”