The earnings call highlighted strong cash flow generation, positive retail trends, and significant growth in the supply chain business. However, the company faced revenue declines, a GAAP operating loss, and challenges in the B2B segment, including slower onboarding of new contracts.
Company Guidance
During the ODP Corporation's First Quarter 2025 Earnings Conference Call, the company emphasized its strategic pivot towards B2B services and expansion into high-growth markets like hospitality. The CEO highlighted the company's strong start to the year with $76 million in adjusted EBITDA and a significant increase in adjusted free cash flow to $45 million. Despite a 9% decline in total revenue to $1.7 billion, largely due to fewer retail stores and lower sales in ODP business solutions, the company reported improved year-over-year performance trends. The consumer division, Office Depot, showed better top-line trends and higher margins, with comparable store trends improving by 300 basis points from the previous quarter and 500 basis points from the same period last year. The B2B segment is undergoing a gradual shift, with new contracts like CoreTrust expected to contribute more in the second half of the year. Additionally, VEYER, the company's supply chain business, achieved over 85% year-over-year revenue growth from third-party customers. The company's balance sheet remains robust, with $653 million in liquidity, and ongoing initiatives are expected to yield improved results in the latter half of 2025.
Strong Free Cash Flow Generation
ODP Corporation generated $45 million in adjusted free cash flow, more than double compared to the same period last year.
Positive Retail Trends
Retail segment saw a 500 basis point improvement in same-store sales compared to last year, with further improvements in April and early May.
Supply Chain Business Growth
VEYER achieved over 85% year-over-year revenue growth from third-party customers.
Expansion into New Markets
ODP is expanding into the $16 billion hospitality market, establishing agreements with major suppliers and expecting significant contributions in the second half of the year.
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ODP (DE:ODP1) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:ODP1 Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 07, 2025
€12.00
€12.10
+0.83%
Feb 26, 2025
€18.40
€18.20
-1.09%
Nov 06, 2024
€28.20
€29.60
+4.96%
Aug 07, 2024
€34.60
€34.80
+0.58%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ODP (DE:ODP1) report earnings?
ODP (DE:ODP1) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is ODP (DE:ODP1) earnings time?
ODP (DE:ODP1) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.