|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
Office Depot, Inc. : ODP-US: Dividend Analysis : May 25th, 2017 (record date) : By the numbers : May 24, 2017
on May 24, 2017 at 3:00 pm
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Office Depot, Inc. with the following peers – Staples, Inc., Stamps.com Inc., Williams-Sonoma, Inc., Pier 1 Imports, Inc., eBay Inc., Big Lots, Inc. and Essendant Inc. (SPLS-US, STMP-US, WSM-US, PIR-US, EBAY-US, BIG-US and ESND-US). Dividend Quality Overview Over the last twelve months (prior to March ... Read more (Read more...) […]
Office Depot, Inc. Survey Finds Annual Cost to Educators of Researching and Purchasing Classroom Supplies Could Reach Half a Billion Dollars
on May 22, 2017 at 1:00 pm
Office Depot, Inc. , a leading provider of office products, services, and solutions, today announced the results of an educator productivity survey whose findings uncovered the minimum cost of U.S. […]
Staples' Mediocre-At-Best Q1
on May 19, 2017 at 12:32 pm
Staples, Inc. (NASDAQ: SPLS ) reported on Tuesday its first-quarter results in which the office supply retailer's earnings of $0.17 was in line with expectations and revenue of $4.15 billion fell short ... […]
Top Ranked Value Stocks to Buy for May 17th
on May 17, 2017 at 2:17 pm
Top Ranked Value Stocks to Buy for May 17t […]
Office Depot sold more glue in Q1 than all of 2016
on May 15, 2017 at 8:25 pm
CNBC's Mike Santoli discuss Office Depot's statement on their retail glue sales and new trends among children such as slime and fidget spinners. […]