Office Depot: 3Q Earnings Snapshot
BOCA RATON, Fla. (AP) _ Office Depot Inc. (ODP) on Wednesday reported third-quarter earnings of $60 million.
On a per-share basis, the Boca Raton, Florida-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, were 13 cents per share.
The office supply retailer posted revenue of $2.89 billion in the period.
Office Depot expects full-year revenue of $11.1 billion.
The company’s shares closed at $2.75. A year ago, they were trading at $3.22.