{"id":847895,"date":"2025-05-07T06:53:03","date_gmt":"2025-05-07T10:53:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-odp-corporation-announces-first-quarter-2025-results\/"},"modified":"2025-05-07T06:53:03","modified_gmt":"2025-05-07T10:53:03","slug":"the-odp-corporation-announces-first-quarter-2025-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-odp-corporation-announces-first-quarter-2025-results\/","title":{"rendered":"The ODP Corporation Announces First Quarter 2025 Results"},"content":{"rendered":"

<\/p>\n

The ODP Corporation Announces First Quarter 2025 Results<\/b><\/p>\n

First Quarter Revenue of $1.7 Billion with GAAP EPS of $(0.97); Adjusted EPS of $1.06<\/i><\/p>\n

GAAP Operating Loss of $32 Million; Net Loss of $29 Million; Operating Cash Flow of $57 Million<\/i><\/p>\n

Adjusted EBITDA of $76 Million; Adjusted Free Cash Flow of $45 Million<\/i><\/p>\n

Announced Key Supplier Partnerships in Hospitality Industry Enhancing Foundation for Growth<\/i><\/p>\n

Announced New B2B Customers During Quarter<\/i><\/p>\n

BOCA RATON, Fla.–(BUSINESS WIRE<\/a>)–
\nThe ODP Corporation (\u201cODP,\u201d or the \u201cCompany\u201d) (NASDAQ:ODP), a leading provider of products, services, and technology solutions to businesses and consumers, today announced results for the first quarter ended March 29, 2025.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Consolidated <\/b>(in millions, except per share amounts)<\/i><\/p>\n<\/td>\n

\n

1Q25<\/b><\/p>\n<\/td>\n

\n

1Q24<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Selected GAAP and Non-GAAP measures:<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nSales\n<\/p>\n<\/td>\n

\n

$1,699<\/b><\/p>\n<\/td>\n

\n

$1,869<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0Sales change from prior year period<\/i><\/p>\n<\/td>\n

\n

(9)%<\/i><\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating income (loss)\n<\/p>\n<\/td>\n

\n

$(32)<\/b><\/p>\n<\/td>\n

\n

$41<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted operating income (1)<\/sup><\/i><\/p>\n<\/td>\n

\n

$54<\/b><\/p>\n<\/td>\n

\n

$66<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income (loss) from continuing operations\n<\/p>\n<\/td>\n

\n

$(29)<\/b><\/p>\n<\/td>\n

\n

$31<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nDiluted earnings (loss) per share from continuing operations\n<\/p>\n<\/td>\n

\n

$(0.97)<\/b><\/p>\n<\/td>\n

\n

$0.83<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted net income from continuing operations (1)<\/sup><\/i><\/p>\n<\/td>\n

\n

$32<\/b><\/p>\n<\/td>\n

\n

$50<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted earnings per share from continuing operations
\n
(fully diluted) (1)<\/sup><\/i><\/p>\n<\/td>\n

\n

$1.06<\/b><\/p>\n<\/td>\n

\n

$1.31<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted EBITDA (1)<\/sup><\/i><\/p>\n<\/td>\n

\n

$76<\/b><\/p>\n<\/td>\n

\n

$91<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating Cash Flow from continuing operations\n<\/p>\n<\/td>\n

\n

$57<\/b><\/p>\n<\/td>\n

\n

$44<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nFree Cash Flow (2)<\/sup><\/i><\/p>\n<\/td>\n

\n

$36<\/b><\/p>\n<\/td>\n

\n

$13<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted Free Cash Flow (3)<\/sup><\/i><\/p>\n<\/td>\n

\n

$45<\/b><\/p>\n<\/td>\n

\n

$17<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

First Quarter 2025 Summary(1)(3)<\/sup><\/span><\/b><\/p>\n