(ODP) Office Depot Earnings Report Details Loss
Posted on February 23, 2010 at 21:46 PM EST
Office Depot Inc. (ODP) reported discouraging results for fourth quarter and full year 2009. During the quarter, total revenue declined 6% year over year to $3.1 billion. Full year 2009 revenues were $12.1 billion, down 16% from 2008, principally driven by adverse economic conditions throughout the company’s sales territories. However, gross profit improved 3.5% during the quarter [...] (ODP) Office Depot Earnings Report Details Loss