ODP Corporation Reports Q1 2025 Results: Sales Drop 9% to $1.7 Billion, Net Loss of $29 Million, Adjusted EPS at $1.06
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ODP Corporation reported Q1 2025 results with a 9% sales drop to $1.7 billion and a net loss of $29 million. The decline was driven by reduced sales in both consumer and B2B divisions, with the Office Depot division facing lower traffic and store closures. Despite challenges, ODP announced new partnerships and reported $653 million in total liquidity. Operating cash flow was $57 million, with adjusted free cash flow at $45 million.
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