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Office Depot CEO Says It Can Mitigate Potential Tariffs Impact After Q1 Profit Dip

Summary

ODP Corporation (NASDAQ:ODP) shares rise after Q1 FY25 earnings beat. Revenue fell 9.2% YoY to $1.70B but topped the $1.67B estimate. Despite a drop in gross profit and an operating loss of $32M, adjusted EPS of $1.06 exceeded expectations.

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Article published on May 7, 2025 by benzinga