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@OfficeDepot

Press Releases - Corporate/Financial

  • 4/29/08 7:00 am EDT
    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, today announced improved first quarter results for the fiscal period ending March 29, 2008, versus the fourth quarter results for the fiscal period ending December 29, 2007. First Quarter Results1 Total Company sales for the first quarter decreased 3% to $4.0 billion. Total Company operating expensesmore...
  • 4/23/08 11:09 am EDT
    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, announced at its Annual Meeting today that stockholders re-elected all 12 Office Depot Board members, according to a preliminary voting analysis by its proxy solicitor MacKenzie Partners, Inc. “With the proxy contest behind us, we can now focus all of our energy on taking care of business and continuing tomore...
  • 4/18/08 12:00 pm EDT

    Company Reiterates Conviction That The Right Path To Build Long-Term Value Is Through The Implementation Of its Strategic Plan

    Strongly Recommends Stockholders Vote FOR Each Of The Companys Directors On The WHITE Proxy Card By Telephone Or Internet TODAY!

    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, today issued the following open letter to its stockholders in connection with its Annual Meeting of Stockholders scheduled for 8:30 am EDT on Wednesday, April 23, 2008: Dear Fellow Stockholder: Our Annual Meeting of Stockholders is just a few days away, scheduled for 8:30 am EDT on Wednesday, April 23, 2008.more...
  • 4/17/08 12:16 pm EDT

    Egan-Jones And Glass Lewis & Co. Join PROXY Governance And RiskMetrics/ISS In Recommending That Stockholders Reject Dissidents And Use Office Depots WHITE Proxy Card(a)

    Office Depot Recommends That Stockholders Vote FOR Each Of The Companys Directors On The WHITE Proxy Card

    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, today announced that Glass Lewis & Co. and Egan-Jones Proxy Services, two independent proxy voting advisory services, have joined PROXY Governance and RiskMetrics/ISS in recommending that Office Depot stockholders vote to reject the two dissident directors nominated by Alan Levan and his company Woodbridge at Office Depotmore...
  • 4/16/08 3:42 pm EDT

    PROXY Governance Says Dissidents Have Vague Plan For Change And That Their Appointment Makes Little Sense(a)

    Supports Reelection Of Full Office Depot Board And Continued Implementation Of Long-Range Strategic Plan

    Recommends Stockholders Vote FOR Each Of the Companys Directors On The WHITE Proxy Card

    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, today announced that PROXY Governance, Inc., an independent voting advisory service, has recommended that Office Depot stockholders vote to reject the two dissident directors nominated by Alan Levan and his company Woodbridge at Office Depot’s Annual Meeting of Stockholders scheduled for April 23, 2008. Inmore...
  • 4/15/08 5:51 pm EDT

    Office Depot Is Implementing Its Strong Turnaround Plan And Is Committed To Taking Every Step Necessary To Improve The Companys Performance

    Office Depot Is Confident That Our Most Recent Fiscal Quarter Ending March 31, 2008 Will Demonstrate Improved Results Over Our Last Fiscal Quarter Ending December 29, 2007

    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, today responded to the decision by Standard & Poor's Ratings Services (S&P) to lower the Company’s credit rating from BBB- to BB+. Office Depot said that while it is disappointed with S&P’s decision, it continues to press ahead with the implementation of its strong turnaround plan and remains confidentmore...
  • 4/15/08 4:13 pm EDT
    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: OFFICE DEPOT TO ANNOUNCE FIRST-QUARTER 2008 EARNINGS TUESDAY, APRIL 29, 2008 Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, will release first-quarter earnings for the fiscal period ending March 29, 2008 on Tuesday, Aprilmore...
  • 4/15/08 1:16 pm EDT

    Company Believes That Electing All Office Depot Directors Is Only Way To Ensure Implementation Of Its Strategic Plan To Enhance Stockholder Value

    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, today issued the following statement in response to the decision of the Delaware Court of Chancery to grant a motion brought by Alan Levan and his company Woodbridge to nominate two directors for election to the Office Depot Board of Directors at the upcoming annual meeting scheduled for April 23, 2008. “Officemore...
  • 4/14/08 10:30 am EDT

    Proxy Advisor Cites Poor Performance of Levans Companies and Lack of Qualifications of His Nominees(a) And Recommends That Stockholders Vote Office Depots WHITE Proxy Card

    Office Depot Has Track Record Of Creating Stockholder Value And Is Implementing A Strong, Strategic Plan Designed To Increase Value For All Stockholders

    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE:ODP), a leading global provider of office products and services, mailed a letter to stockholders today announcing that Institutional Shareholder Services (ISS), an institutional proxy advisory service, recommends that Office Depot stockholders vote to reject the two dissident directors nominated by Alan Levan and his company Woodbridge at this year’s Annual Meeting of Stockholdersmore...
  • 4/13/08 3:54 pm EDT

    ISS Cites Concerns About Poor Performance of Levans Companies and Lack of Qualifications of His Nominees

    ISS Says Dissidents Have Not Proven That They Would Be Better Able Than Management to Effect Positive Changes*

    ISS Recommends That Office Depot Stockholders Vote Office Depots WHITE Proxy Card

    DELRAY BEACH, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NYSE: ODP), a leading global provider of office products and services, reported today that Institutional Shareholder Services (ISS), an institutional proxy advisory service, recommends that Office Depot stockholders vote to reject the two dissident directors nominated by Alan Levan and his company Woodbridge at this year’s Annual Meeting of Stockholders currently scheduled for April 23, 2008more...