Will Office Depot (ODP) Stock Be Helped Today by Its Expanded Black Friday Strategy?

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    • Jan 2009
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    Will Office Depot (ODP) Stock Be Helped Today by Its Expanded Black Friday Strategy?

    Office Depot shares have been falling since before the company announced its Black Friday strategy today and are down 0.7% to $6.79 in trading on Thursday. The struggling office supplies retailer last released its earnings results on November 4, reporting earnings of $52 million, or 10 cents per diluted share, 1 cent better than analysts were expecting for the period, on revenue of $4.1 billion that was in line with expectations.


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