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The ODP Corporation Announces First Quarter 2021 Results
May 5, 2021 GMT
BOCA RATON, Fla. (BUSINESS WIRE) May 5, 2021
The ODP Corporation (“ODP,” or the “Company”) (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform with an online presence and approximately 1,100 stores, today announced results for the first quarter ended March 27, 2021.
Consolidated
1Q21
(13)%
(2)
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Total reported sales of $2.4 billion, down 13% versus last year
GAAP operating income of $55 million and net income of $53 million, or $0.95 per diluted share, versus $80 million and $45 million, or $0.84 per diluted share, respectively in the prior year
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