Office depot inc financial report

Forward-looking statements may appear throughout this report, including the following sections: Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ materially. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.

Office depot inc financial report

In fact, the Dow component seemed to have the wind at its back throughout the year, thanks to information technology and supply chain upgrades, good expense leverage, market-share gains, and the early stages of what promises to be a lengthy housing recovery.

But what should investors do now? Will the good times continue to roll for this giant specialty retailer and its shareholders?

Serving both the do-it-yourself and professional contractor markets, the company maintains a network of roughly 2, big-box stores in the U.

It also provides numerous services to do-it-for-me customers, installing everything from carpeting, flooring, and cabinets to roofing, windows, and central air systems.

This prevented Home Depot from falling off a cliff during financial crisis and recession. Home Depot has been the fastest growing retailer in U.

Indeed, these alliances have enabled the company to deliver exclusive, innovative assortments to do-it-yourselfers and professional contractors alike, with a combination of national brands and propriety products, such as Ryobi tools, RIDGID tools, BEHR paint, LG appliances, and Toro and Cub Cadet lawn equipment.

And we expect them to become an even greater part of the mix going forward, as the company rolls out new services, from e-receipts to a new mobile app and loyalty program, catering to the fastidious professional crowd.

And CEO Frank Blake, who took his seat in the corner office in earlyremains committed to repurchases as a way to bolster share earnings and enhance shareholder value. Weaknesses Relatively Small Online Presence: This makes Home Depot vulnerable to large Internet-based retailers, such as Amazon AMZNthat may be able to undercut it on price in some cases and even guarantee quicker home delivery.

Still, the company is stepping up its ecommerce efforts, endeavoring to provide its customers with an interconnected retail experience.

Office depot inc financial report

And it is extending its distribution network, which ought to enable it to catch up with online rivals on the order fulfillment and direct delivery fronts.

Conditions have improved a lot since the recession, with affordability now rather high and housing formation finally starting to turn the corner. Home values also continue to appreciate across the country in what will likely be a lengthy, multiyear upcycle. This is leading to greater home investment, and it will likely keep the same-store sales and earnings momentum going for some time to come.

This has resulted from an aging of housing inventories across the country. And it, along with cheap financing options, is contributing to a favorable uptick in renovation activity.

There are eight new stores planned fordown from the recent pace of closer to 12 per year. Yet, development opportunities remain plentiful, particularly as Home Depot looks to make inroads overseas, in China and elsewhere, with smaller specialty outlets, including ones focused solely on home decorations and paint and flooring.

About Office Depot, Inc.

Among these are measures to improve merchandise execution, order management, and space optimization, along with efforts to drive more inventory and supply chain efficiencies. This could have a chilling effect on consumer spending and the overall housing recovery.

That said, we expect borrowing costs to stay historically low even as the economy strengthens and the Federal Reserve winds down its accommodative bond-buying program.

And home buying should remain an attractive option for many consumers, particularly with rental prices soaring in many American cities. In any given year, cold and stormy weather can wreak havoc on customer counts and depress key same-store sales trends.

We would be especially bullish on the stock in the event of a material price pullback, which could well happen if the broader equity benchmarks enter a correction phase.Office Depot Inc Profile, Financial Information, Stock Quotes Charts, Financial Results, Segments, Competitors, Fundamental Analysis - CSIMarket.

Staples Inc. reported a 39% decline in first-quarter profit, as sales continued to decline and store traffic dwindled, deepening the chain’s challenges as it awaits regulatory approval for its. You may automatically receive The Home Depot, Inc.

Office depot inc financial report

financial information by e-mail. To choose your options for e-mail notification, please enter your e . Sep 26,  · Updated annual income statement for Office Depot Inc. - including ODP income, sales & revenue, operating expenses, EBITDA and more.

Shop for Business Report Covers in Office Products on rutadeltambor.com Shop for Business Report Covers in Office Products on rutadeltambor.com From The Community. Office Depot Pressboard Side-Bound Report Binders With Fasteners, Dark Blue, 60% Recycled, Pack Of 10, A by Office Depot.

Introduction & Case Study Objective Office Depot, Inc is one of the major suppliers in providing office products and services worldwide. The products and services mix provided including computers, computer softwares, office furniture, business machines (e.g. photocopy machine) and stationaries.

Home Depot Annual Report