Office Depot: profitability improves in Q2
(CercleFinance.com) - Office Depot has announced Q2 EPS of seven cents, up from five cents a year ago, with an adjusted operating margin that is up 0.
3 point at 2.7%.
The office equipment and supplies distributor saw revenues slip 2% to 2.59 billion dollars, driven by lower sales at its retail and CompuCom divisions, albeit partially offset by the performance of its enterprise solutions division.
At the time of this quarterly publication, Office Depot confirms that it is targeting FY adjusted operating profit of between 325 million and 350 million dollars, as well as revenues of between 10.8 billion and 10.9 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
3 point at 2.7%.
The office equipment and supplies distributor saw revenues slip 2% to 2.59 billion dollars, driven by lower sales at its retail and CompuCom divisions, albeit partially offset by the performance of its enterprise solutions division.
At the time of this quarterly publication, Office Depot confirms that it is targeting FY adjusted operating profit of between 325 million and 350 million dollars, as well as revenues of between 10.8 billion and 10.9 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.