Office Depot: targets FY sales of 10.8 billion dollars
(CercleFinance.com) - On Tuesday, Office Depot reported adjusted net income from continuing operations of 30 million dollars for the second quarter of 2018, which equates to EPS of five cents, down one cent from the same period a year ago.
The office equipment and supplies distributor reported adjusted operating profit of 63 million dollars, meaning an operating margin that is down 0.3% to 2.4% for revenues that are up 11% to just over 2.6 billions of dollars.
Office Depot also expects adjusted operating profit of around 360 million dollars, with revenues of approximately 10.8 billion dollars over FY 2018.
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The office equipment and supplies distributor reported adjusted operating profit of 63 million dollars, meaning an operating margin that is down 0.3% to 2.4% for revenues that are up 11% to just over 2.6 billions of dollars.
Office Depot also expects adjusted operating profit of around 360 million dollars, with revenues of approximately 10.8 billion dollars over FY 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.