|Price Range 12mo avg:||$2M – $4.4M|
|$/sf 12mo avg:||$127.46|
|CAP Rate 12mo avg:||8.40%|
|Lease Terms:||13yrs NN|
|Building Size avg:||22,900 SF|
|Lot Size avg:||1.30+/- acres|
Office Depot, Inc. is a global supplier of office products and services. The company was incorporated in 1986 with the opening of our first retail store in Fort Lauderdale, Florida. Formed by the merger of Office Depot and OfficeMax, Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school, or car.
Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.
The company has combined pro forma annual sales of approximately $16 billion, employs more than 56,000 associates, and serves consumers and businesses in 56 countries with more than 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, joint ventures, franchisees, licensees and alliance partners. The company operates under several banner brands including Office Depot, OfficeMax, OfficeMax Grand & Toy, Reliable and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, DiVOGA, Ativa, WorkPRO, Realspace and HighMark.
|S&P Credit Rating:||B-|
|Moody’s Credit Rating:||B2|
|Annual Revenue 2014:||$16.10B|
|Annual Revenue 2013:||$11.24B|
|Revenue Growth:||↑ 43% from 2013|
|Units (Dec. 2014)||1,745|
|Average Units Volume:||$9.2M|
On February 4, 2015, Staples, Inc. (“Staples”) and the Company announced that the companies have entered into a definitive merger agreement (the “Staples Merger Agreement”), under which Staples will acquire all of the outstanding shares of Office Depot and the Company will become a wholly owned subsidiary of Staples (the “Staples Acquisition”). Under the terms of the Staples Merger Agreement, Office Depot shareholders will receive, for each Office Depot share held by such shareholders, $7.25 in cash and 0.2188 of a share in Staples common stock at closing.Each employee share-based award outstanding at the date of the agreement will vest upon the effective date of the Staples Acquisition. The transaction has been approved by both companies’ Board of Directors and the completion of the Staples Merger is subject to customary closing conditions including, among others, the approval of Office Depot shareholders and various regulatory approvals. The transaction is anticipated to close before the end of 2015. Refer to the Company’s Form 8-K filed February 4, 2015 for additional information on the transaction. We cannot guarantee that the Staples Acquisition will be completed or that, if completed, it will be exactly on the terms as set forth in the Staples Merger Agreement.
Yahoo! Finance: ODP News Latest Financial News for ODP
ETFs with exposure to Office Depot, Inc. : December 15, 2017
on December 15, 2017 at 6:58 pm
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Office Depot, Inc. Here are 5 ETFs with the largest exposure to ODP-US. Comparing the performance and risk of Office Depot, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...) […]
Office Depot, Inc. breached its 50 day moving average in a Bullish Manner : ODP-US : December 14, 2017
on December 14, 2017 at 12:42 pm
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Office Depot, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...) […]
5 Turnaround Stocks That Are Making a Comeback
on December 6, 2017 at 8:47 pm
U.S. equities are continuing to hold near the unchanged line on Wednesdays investors worry about the prospect of a government shutdown on Friday as well as the still undetermined fate of tax reform legislation working through Congress. According to both UBS and Credit Suisse analysts, retailers are among the sector groups poised to benefit the most from current tax cut plans. […]
Office Depot, Inc. :ODP-US: Earnings Analysis: Q3, 2017 By the Numbers : December 1, 2017
on December 1, 2017 at 1:28 pm
Categories: Yahoo FinanceGet free summary analysis Office Depot, Inc. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Office Depot, Inc. – Stamps.com Inc., Williams-Sonoma, Inc., eBay Inc. and Essendant Inc. (STMP-US, WSM-US, EBAY-US and ESND-US) that have also reported for this period. Highlights Summary numbers: ... Read more (Read more...) […]
Office Depot, Inc. Earns Top Score in 2018 Corporate Equality Index
on November 30, 2017 at 2:00 pm
Office Depot, Inc. , a leading omnichannel provider of business services, products and technology today announced that it received a perfect 100 percent score on the Human Rights Campaign Foundation’s 2018 Corporate Equality Index . […]