The ODP Corporation (ODP) released a profit for fourth quarter that decreased from the same period last year
The company's bottom line came in at $11 million, or $0.36 per share. This compares with $39 million, or $1.02 per share, last year.
Excluding items, The ODP Corporation reported adjusted earnings of $20 million or $0.66 per share for the period.
The company's revenue for the period fell 9.9% to $1.624 billion from $1.803 billion last year.
The ODP Corporation earnings at a glance (GAAP) :
-Earnings: $11 Mln. vs. $39 Mln. last year.-EPS: $0.36 vs. $1.02 last year.-Revenue: $1.624 Bln vs. $1.803 Bln last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.