Office Depot reports quarterly loss on sales decline of 4 percent

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    • Jan 2009
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    Office Depot reports quarterly loss on sales decline of 4 percent

    Office Depot, which is trying to reinvent itself as a business solutions company, on Wednesday reported a 5 percent decline in fourth-quarter sales and a 7 percent decrease in 2017 sales, compared with the same periods a year ago. The Boca Raton -based company, best known for its Office Depot and OfficeMax office-supply retail stores, recorded a quarterly loss of $48 million, or 9 cents a share on sales of $2.6 billion.


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