Revenue: As of FY2025 Q3, the actual value is USD 1.625 B, missing the estimate of USD 1.669 B.

EPS: As of FY2025 Q3, the actual value is USD 0.72.

EBIT: As of FY2025 Q3, the actual value is USD 37 M.

Segment Revenue

• ODP Business Solutions Division: Reported sales for the third quarter of 2025 were $862 million, a decrease of 6% year-over-year.
• Office Depot Division: Reported sales were $749 million in the third quarter of 2025, down 13% year-over-year.
• Veyer Division: Reported sales of $1.1 billion, with sales generated from third-party customers increasing by 64% compared to the same period last year, resulting in sales of $23 million.

Operational Metrics

• Net Income: GAAP net income from continuing operations was $23 million, compared to $68 million in the prior year period.
• Operating Income: GAAP operating income was $34 million, down from $102 million in the prior year period.
• Adjusted Operating Income: Adjusted operating income was $38 million, compared to $41 million in the third quarter of 2024.
• Adjusted EBITDA: Adjusted EBITDA was $62 million, flat with the prior year period.

Cash Flow

• Operating Cash Flow: Operating cash flow from continuing operations was $90 million, compared to $81 million in the prior year period.
• Free Cash Flow: Free cash flow was $78 million, compared to $58 million in the prior year period.
• Adjusted Free Cash Flow: Adjusted free cash flow was $89 million, up from $68 million in the prior year period.

Unique Metrics

• Total Available Liquidity: $730 million, including $182 million in cash and cash equivalents at quarter end.

Outlook / Guidance

• The Company expects the previously announced transaction to close by year-end 2025.
• The Company will not hold an earnings conference call or provide forward-looking guidance due to the pending merger with an affiliate of Atlas Holdings.