Tonernews.com, August 6, 2025. USA
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The ODP Corporation reported Q2 2025 sales of $1.586 billion, down from $1.717 billion last year. Despite this drop, the company doubled its adjusted free cash flow to $13 million and improved operating income to $9 million from just $0.4 million.
Revenue fell mainly due to closing 60 stores, but comparable-store sales improved. ODP also saw strong growth in its supply chain segment, with third-party revenue up 90%.
The company is focusing on cost control and expanding into hospitality markets, onboarding about 1,000 hotels recently. ODP expects adjusted free cash flow to exceed $115 million for the full year, signaling progress despite ongoing challenges.
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