The Latest Breaking News from ODP

Despite macroeconomic challenges, retail sales are expected to grow this year thanks to easing inflation and a strong labor market. Therefore, it could be wise to buy fundamentally strong retail stocks Murphy USA (MUSA), ODP Corporation (ODP), and Sally Beauty Holdings (SBH). Keep reading.

Despite a turbulent market, robust consumer spending is keeping the specialty retail sector resilient. Therefore, investors could look to buy fundamentally strong stocks, The ODP Corp. (ODP), Betterware de México (BWMX), and The Aaron's Company (AAN), which are buy-rated in our proprietary rating system. Keep reading….

With a positive earnings surprise in Q4, GameStop (GME) might be on its way to going bonkers as it did in 2021. However, given its unstable performance and uncertain prospects, fundamentally sound retail stocks ODP Corporation (ODP), TravelCenters of America (TA), and Build-A-Bear Workshop (BBW) appear to be more worthy…

A recent debacle at the top of the game in America caused uproar. But the same patterns are repeated through the sport in the US

The Fed’s downshift on tightening in response to the continued decline in inflation and growing odds of the economy achieving a soft landing could help growth stocks rebound strongly this year. Amid improving investor sentiment, it could be wise to invest in fundamentally sound stocks Salesforce (CRM), ADT Inc. (ADT),…

With inflation falling for the sixth consecutive month in December, Fed Chair Powell believes that the disinflationary process has begun. With indications that the Fed might stop rate increases before the target range, investors could look to add fundamentally strong growth stocks ADT Inc. (ADT), Rambus (RMBS), The ODP Corporation…

Inflation eased again in November, which could allow the Fed to slow interest-rate hikes into the following year. Overall, the odds of the economy avoiding an anticipated recession are increasing. Given this backdrop, quality stocks CVS Health (CVS), ADT (ADT), ODP Corporation (ODP), and Universal Logistics (ULH) will likely see…

Retail sales have remained resilient amid inflationary pressures, underscoring Americans’ spending power and stable demand. So, we think the stocks of fundamentally sound specialty retail companies Ulta Beauty (ULTA), The ODP Corporation (ODP), and Live Ventures (LIVE) could be good additions to one’s portfolio now. These stocks have outperformed the…

Consumer cyclical stocks have witnessed a substantial price dip amid bearish consumer sentiment and contracting macroeconomic growth rates. However, consumer spending remains strong and could help fundamentally sound consumer cyclical companies ODP (ODP), Movado Group (MOV), and TravelCenters of America (TA) to perform well despite the economic turbulence. Thus, we…

ODP Corp (NASDAQ:ODP) reported a first-quarter FY22 sales of $2.18 billion, flat Y/Y, beating the consensus of $2.13 billion. Business Solutions Division sales climbed 9% Y/Y, while Retail division sales decreased 9%. Adjusted EPS of $1.27 beat the analyst consensus of $0.79. Gross profit declined 2.2% Y/Y to $484 million with a margin…

  ODP (NASDAQ:ODP) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:50 AM. Here's what investors need to know about the announcement. Earnings ODP beat estimated earnings by 60.76%, reporting an EPS of $1.27 versus an estimate of $0.79.