Slide 1
Slide 2
Slide 3
Slide 5
Slide 4
Slide 6
Slide 7
Slide 8
Slide 9
Slide 10
Slide 11
Slide 12
Slide 13
Slide 14
Slide 16
Slide 17
Slide 18
Slide 19
Slide 20
Slide 21
Slide 23
Slide 24
Slide 24
Slide 25
Slide 26
Slide 27
Slide 28
Slide 29
Slide 30
Slide 31
Slide 32
Slide 33
Slide 34
Slide 35
Slide 36
Slide 37
Slide 38
Slide 39
Slide 40
Slide 41
Slide 42
Slide 43
Slide 44
Slide 45
Slide 46
Slide 47
Slide 48
Slide 49
Slide 50
Slide 51
Slide 52
Slide 53
Slide 54
Slide 54
Slide 55
Slide 56
Slide 57
Slide 58
Slide 58
Slide 59
Slide 59
Slide 60
Slide 61
Slide 61
Slide 62
Slide 63

OFFICE DEPOT POSTS 2ND Q. PROFIT HIKE

Toner News Mobile › Forums › Toner News Main Forums › OFFICE DEPOT POSTS 2ND Q. PROFIT HIKE

Tonernews.com, July 30, 2005. USA
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #12152

    Anonymous
    Inactive
    Depot posts Q2 profit hike
    July 2005 – Delray Beach (FL): Office Depot has posted a whopping 26 per cent rise in its Q2 income.

    The power played registered net earnings of $100 million, with EPS up 24 per cent to $0.31. Sales lifted 6 per cent to $3.4 billion, while North American retail comp sales rose 3 per cent.

    It was not all good news for Depot, however, with a decline in gross margin at its international operation. Division operating profit, as a percentage of sales, fell from 12.9 per cent to 10 per cent.

    Depot’s chairman and CEO Steve Odland said: “We are pleased with our overall performance this quarter.” But he added: “Our international operating results, however, did not keep pace with those of our North American divisions. Over time, we need to grow this business at a more rapid rate and deliver improved profitability.”

  • Author
    July 30, 2005 at 11:18 AM
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty, or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.