---
title: "Why Is ODP Stock Gaining Wednesday?"
description: "Adjusted Q2 EPS of $0.51 beat consensus by $0.15, as sales held steady at $1.59B despite an 8% annual decline. Advanced its Optimize for Growth plan, incurring $12M in restructuring costs to close 23 "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/251882336.md"
published_at: "2025-08-06T17:39:47.000Z"
---

# Why Is ODP Stock Gaining Wednesday?

> Adjusted Q2 EPS of $0.51 beat consensus by $0.15, as sales held steady at $1.59B despite an 8% annual decline. Advanced its Optimize for Growth plan, incurring $12M in restructuring costs to close 23 stores and drive $380M EBITDA uplift. The market's back, and these 3 income stocks are thriving.

Adjusted Q2 EPS of $0.51 beat consensus by $0.15, as sales held steady at $1.59B despite an 8% annual decline. Advanced its Optimize for Growth plan, incurring $12M in restructuring costs to close 23 stores and drive $380M EBITDA uplift. The market's back, and these 3 income stocks are thriving.

### Related Stocks

- [ODP.US - ODP](https://longbridge.com/en/quote/ODP.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| ODP Corporation Held Special Shareholder Meeting | ODP Corporation held a special shareholder meeting on December 5, 2025, where stockholders approved a merger agreement w | [Link](https://longbridge.com/en/news/268806866.md) |
| Atlas Holdings Completes Acquisition of The ODP Corporation; Craig Gunckel Named Chief Executive Officer \| WRK Stock News | Atlas Holdings completed the acquisition of The ODP Corporation for $1 billion, appointing Craig Gunckel as CEO. Gunckel | [Link](https://longbridge.com/en/news/269253160.md) |
| ODP Corporation to Be Acquired by Atlas Holdings Affiliate for $28 Per Share | ODP Corporation will be acquired by ACR Ocean Resources LLC, an affiliate of Atlas Holdings, for $28 per share. The merg | [Link](https://longbridge.com/en/news/266986624.md) |
| ODP Corporation Reports Decline in Q3 2025 Earnings | ODP Corporation reported a decline in Q3 2025 earnings, with sales falling to $1.625 billion from $1.780 billion in Q3 2 | [Link](https://longbridge.com/en/news/265636580.md) |
| Corton Capital Inc. Buys Shares of 14,560 The ODP Corporation $ODP | Corton Capital Inc. acquired 14,560 shares of The ODP Corporation (NASDAQ:ODP) in Q2, valued at approximately $264,000,  | [Link](https://longbridge.com/en/news/264191958.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.