ODP ODP Corporation

The ODP Corporation is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online presence, and approximately 1,200 stores. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, as well as others, the Company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business.
Company profile
Ticker
ODP
Exchange
Website
CEO
Gerry Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
OFFICE DEPOT INC
SEC CIK
Corporate docs
IRS number
592663954
ODP stock data
()
News
Staples To Evaluate 'All Alternatives' In Pursuit Of ODP
31 Mar 21
ODP Rejects Proposal By Sycamore Partners To Sell Various ODP Assets to Staples; ODP Says Urges Sycamore To Pursue Alternative Of Combining ODP And Staples Retail Businesses
15 Mar 21
BurgerFi Names Michael Rabinovitch As CFO
3 Mar 21
12 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session
24 Feb 21
Office Depot Q4 Adj. EPS $0.55 Misses $0.94 Estimate, Sales $2.29B Beat $2.27B Estimate
24 Feb 21
Press releases
The ODP Corporation Provides Update On CompuCom's Malware Incident And Business Impact
26 Mar 21
The ODP Corporation Responds to Proposal by Sycamore Partners, Owner of Staples, to Sign a Letter of Intent to Sell Various ODP Assets to Staples for an Unspecified Price
15 Mar 21
CompuCom Issues Statement Regarding Malware Incident
3 Mar 21
BurgerFi Announces Appointment of Michael Rabinovitch to Chief Financial Officer
3 Mar 21
The ODP Corporation Announces Fourth Quarter and Full Year 2020 Results
24 Feb 21
Investment data
Securities sold
Number of investors
Calendar
23 Feb 21
11 Apr 21
28 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 729M | 729M | 729M | 729M | 729M | 729M |
Cash burn (monthly) | 4.67M | (positive/no burn) | (positive/no burn) | 22.67M | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | 16.49M | n/a | n/a | 80.12M | n/a | n/a |
Cash remaining | 712.51M | n/a | n/a | 648.88M | n/a | n/a |
Runway (months of cash) | 152.7 | n/a | n/a | 28.6 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 40.442 | 8,140 | 329.2K | 71,385 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 40.475 | 5,312 | 215K | 79,525 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 41.576 | 4,437 | 184.47K | 84,837 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 41.595 | 3,184 | 132.44K | 89,274 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 40.509 | 1,928 | 78.1K | 92,458 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 40.575 | 1,613 | 65.45K | 94,386 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 41.558 | 1,165 | 48.42K | 95,999 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 41.584 | 1,059 | 44.04K | 97,164 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 40.518 | 705 | 28.57K | 98,223 |
29 Mar 21 | N. David Bleisch | Common Stock | Sell | Dispose S | No | Yes | 41.554 | 570 | 23.69K | 98,928 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
90.6% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 179 |
Opened positions | 43 |
Closed positions | 17 |
Increased positions | 35 |
Reduced positions | 74 |
13F shares |
Current |
---|---|
Total value | 1.4B |
Total shares | 47.7M |
Total puts | 211.35K |
Total calls | 216.75K |
Total put/call ratio | 1.0 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 8.25M | $241.77M |
Vanguard | 5.62M | $164.68M |
HG Vora Capital Management | 5M | $146.5M |
Dimensional Fund Advisors | 3.61M | $105.67M |
Hotchkis & Wiley Capital Management | 2.54M | $74.56M |
Canyon Capital Advisors | 2.44M | $71.36M |
LSV Asset Management | 2.28M | $66.84M |
STT State Street | 1.96M | $57.44M |
NTRS Northern Trust | 1.09M | $32.05M |
JPM JPMorgan Chase & Co. | 829.42K | $24.3M |
Content analysis
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H.S. sophomore Avg
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New words:
ABM, amid, amidst, anthony, Arrow, attestation, audience, blended, BuyerQuest, CA, careful, carrier, casualty, CDC, cessation, churn, Circuit, Computershare, conservative, costly, cradle, CSRP, culture, curbside, daily, Dillard, diminished, disease, disinfection, divestiture, dunlop, entirety, eProcurement, Ernst, ESG, exacerbate, explore, fact, FILO, fluid, foot, footprint, fractional, gas, grave, greener, greenhouse, highlighted, inclement, infection, instruction, interfere, intraperiod, Junior, learning, Leeper, lose, mechanical, metric, momentum, nonessential, outbreak, pandemic, parent, passage, pause, pausing, pickup, postponed, preserve, proactively, Putnam, quantify, quarantined, quickly, rapid, Ratification, recession, recurrence, reinstated, replenish, residential, resumption, resurgence, sanitizing, scaglione, scenario, school, schoppert, shape, shipment, simplification, situation, Specimen, speed, split, staffing, standby, stoppage, strain, subheading, suspension, Sycamore, tender, Terry, thereof, thought, threshold, travel, Treasurer, turmoil, unanimously, understood, unforeseeable, unsolicited, USR, virtual, weakening, weaker, wellbeing, wendy, workplace, Young
Removed:
amortize, announcing, Armour, attorney, beneficiary, borrower, commit, conclusion, consolidate, constituting, constrain, Crossview, deal, detailed, DeVard, dispose, divert, downgrade, drawn, Eckerd, enactment, establishment, expectation, fewer, flat, Gamble, Goldman, guaranty, Hale, infrastructure, injunction, interacting, intercreditor, Jerri, Lending, list, lived, marino, medium, merge, migration, Nokia, personalized, principle, Proctor, radio, recruitment, reestablished, regular, renewable, retrospectively, sized, subsection, system, Todd, treatment, unconditionally, unrestricted, Verizon, Washington, weight
Financial reports
10-K
2020 FY
Annual report
23 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
26 Feb 20
10-Q
2019 Q3
Quarterly report
6 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
27 Feb 19
10-Q
2018 Q3
Quarterly report
6 Nov 18
Current reports
8-K
The Odp Corporation Provides Update on Compucom’s Malware Incident and Business Impact
26 Mar 21
8-K
Proposal Contemplates Acquisition of B2B Assets That Are Part of ODP’s Continuing B2B Growth Strategy
15 Mar 21
8-K
The ODP Corporation Announces Fourth Quarter and Full Year 2020 Results
24 Feb 21
8-K
Unregistered Sales of Equity Securities
29 Jan 21
8-K
Departure of Directors or Certain Officers
27 Jan 21
8-K
The ODP Corporation Appoints Marcus B. Dunlop to Board of Directors
26 Jan 21
8-K
The ODP Corporation Outlines Path Forward for Value Creation in Letter to Sycamore Partners, Owner of Staples
19 Jan 21
8-K
Regulation FD Disclosure
12 Jan 21
8-K
The ODP Corporation Announces Third Quarter 2020 Results
5 Nov 20
8-K
The ODP Corporation Announces Second Quarter 2020 Results
5 Aug 20
Registration and prospectus
SC TO-C
Information about tender offer
31 Mar 21
D
$26M in equity, sold $26M, 16 investors
29 Jan 21
SC TO-C
Information about tender offer
11 Jan 21
15-12B
Securities registration termination
24 Jul 20
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 20
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 20
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 20
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Jul 20
25-NSE
Exchange delisting
1 Jul 20
8-K12B
Notification of registration of securities
1 Jul 20
Proxies
DEFA14A
Additional proxy soliciting materials
12 Mar 21
DEF 14A
Definitive proxy
12 Mar 21
DEFA14A
Additional proxy soliciting materials
28 Apr 20
DEFR14A
Revised proxy
28 Apr 20
DEFA14A
Additional proxy soliciting materials
26 Mar 20
DEF 14A
Definitive proxy
26 Mar 20
PRE 14A
Preliminary proxy
5 Mar 20
DEFA14A
Additional proxy soliciting materials
1 Apr 19
DEFA14A
Additional proxy soliciting materials
20 Mar 19
DEF 14A
Definitive proxy
20 Mar 19
Other
UPLOAD
Letter from SEC
29 Sep 20
UPLOAD
Letter from SEC
28 Sep 20
CORRESP
Correspondence with SEC
24 Sep 20
UPLOAD
Letter from SEC
14 Nov 18
CORRESP
Correspondence with SEC
13 Nov 18
UPLOAD
Letter from SEC
30 Oct 18
UPLOAD
Letter from SEC
6 Dec 16
CORRESP
Correspondence with SEC
30 Nov 16
UPLOAD
Letter from SEC
28 Nov 16
UPLOAD
Letter from SEC
14 May 15
Ownership
4
ODP / N. David Bleisch ownership change
31 Mar 21
SC 13D
ODP / Philotimo Fund ownership change
26 Mar 21
4
ODP / RICHARD A. HAAS JR ownership change
17 Mar 21
4
ODP / KEVIN MOFFITT ownership change
17 Mar 21
4
ODP / JOHN GANNFORS ownership change
17 Mar 21
4
ODP / Brian Todd Hale ownership change
17 Mar 21
4
ODP / N. David Bleisch ownership change
17 Mar 21
4
ODP / GERRY P SMITH ownership change
17 Mar 21
4
ODP / RICHARD A. HAAS JR ownership change
12 Mar 21
4
ODP / Brian Todd Hale ownership change
12 Mar 21
Patents
GRANT
Design
Writing instrument
25 May 20
Inventors: Yan Peng, Cheng-Yuan Lin
GRANT
Design
Writing instrument
4 May 20
Inventors: Yan Peng, Cheng-Yuan Lin
GRANT
Design
Writing instrument
4 May 20
Inventors: Yan Peng, Cheng-Yuan Lin
GRANT
Design
Chair
30 Mar 20
Inventors: Johannes Lampela, Andre de Salis, Tim Chuang, Jirawat Jeamvigite, Alexandra McGill, Mike Trump, Ross Carmichael, Ahmed Youssef
Transcripts
2020 Q4
Earnings call transcript
24 Feb 21
2020 Q3
Earnings call transcript
5 Nov 20
2020 Q2
Earnings call transcript
5 Aug 20
2020 Q1
Earnings call transcript
6 May 20
2019 Q4
Earnings call transcript
26 Feb 20
2019 Q3
Earnings call transcript
6 Nov 19
2019 Q2
Earnings call transcript
7 Aug 19
2019 Q1
Earnings call transcript
8 May 19
2018 Q4
Earnings call transcript
27 Feb 19
2018 Q3
Earnings call transcript
7 Nov 18
Reddit threads
My top ten holdings for comment
3 Apr 21
Significant Activist Hedge Fund Activity (Last 7 Days)
1 Apr 21
Daily Discussion Thread - February 24th, 2021
24 Feb 21
Daily Discussion Thread - February 23rd, 2021
23 Feb 21
Daily Discussion Thread - February 22nd, 2021
22 Feb 21
2021 Dividend Suspension List
5 Jan 21
Tips for consolidation
15 Dec 20
I made a Twitter account that posts reverse splits that round up fractional shares. Scoop up small, easy gains!
1 Dec 20
Daily Discussion Thread - November 5th, 2020
5 Nov 20
Daily Discussion Thread - November 4th, 2020
4 Nov 20