ODP Corporation reported third quarter 2025 sales of $1,625 million, a 9.0% decrease from the same period in 2024. Year-to-date sales were $4,911 million, down 8.5% from the previous year. Operating income for the third quarter was $34 million, compared to $102 million in the prior year period. Adjusted operating income was $38 million, slightly down from $41 million in the third quarter of 2024. Net income from continuing operations was $23 million, compared to $68 million last year. Diluted earnings per share from continuing operations were $0.72, down from $2.04. The ODP Business Solutions Division reported third quarter sales of $862 million, a 6.0% year-over-year decrease. The division noted an improvement in revenue trends, with increased onboarding of new customers and growth in the hospitality sector. Sales from adjacency categories, including cleaning, breakroom, furniture, technology, and copy and print, accounted for 45% of division sales, up from the previous year. As of September 27, 2025, ODP had $730 million in available liquidity and $148 million in total debt. Cash provided by operating activities for the quarter was $90 million, up from $81 million in the third quarter of 2024.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ODP Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251105156942) on November 05, 2025, and is solely responsible for the information contained therein.
Comments