Office Depot

Office Depot is among the world’s largest Specialty Stores sector businesses in the world. Office Depot’s employees generate $542.4M in profits on $15.289B of revenue. Global output in the Specialty Stores business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Office Depot is determined to remain a market leader. Sectoral leadership in the Specialty Stores segment takes dedication and consistency, but management seeks out-sized growth.

Office Depot’s ticker symbol ODP has recently been trading near $30.81 a share. The Office Depot corporate headquarters in Delray Beach FL predicts Specialty Stores profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $8.466B ensures sufficient liquidity. With a beta of 1.39, the company is more volatile than the market as a whole. When the average equity moves higher, Office Depot moves more aggressively.