Office Depot (ODP) Tops Q4 EPS by 1c, Offers Guidance
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Office Depot Announces Fourth Quarter and Full Year 2018 Results
February 27, 2019 6:50 AM ESTDelivered strong revenue growth and free cash flow; expanded distribution network; grew services revenue; improved balance sheet and returned capital to shareholders in 2018.
Poised for profitable growth in 2019
Full Year 2018 Highlights
Reported Sales of $11.0 Billion, up 8%
Operating Income of $254 Million and Net Income from Continuing Operations of $99 Million
Adjusted Operating Income of $360 Million and Adjusted EBITDA of $567 Million
Generated $616 Million in Operating Cash Flow
Invested in Distribution Network, eCommerce Platform and Demand Generation
Fourth Quarter... More
