Benzinga | Aug 5, 2020 07:12AM EDT

Office Depot Q2 EPS $(0.07) Down From $0.68 YoY, Sales $2.16B Miss $2.22B Estimate

Office Depot (NASDAQ:ODP) reported quarterly losses of $(0.07) per share. This is a 110.29 percent decrease over earnings of $0.68 per share from the same period last year. The company reported quarterly sales of $2.16 billion which missed the analyst consensus estimate of $2.22 billion by 2.79 percent. This is a 16.62 percent decrease over sales of $2.59 billion the same period last year.