Office Depot Income Rises 82%

Share this content:
Office Depot Inc.'s first-quarter net income skyrocketed 82 percent to $102.7 million from the previous first-quarter's $56.3 million, the company reported yesterday.


Sales increased to $3.04 billion from $3.02 billion while same-store sales fell 1 percent.


First-quarter online sales rose 36 percent to $488.3 million, as domestic e-commerce sales improved 35 percent and international e-commerce sales increased 56 percent.


Delray Beach, FL-based Office Depot said that it is on track to exceed $2 billion in worldwide e-commerce sales this year.


First-quarter North American retail sales were $1.62 billion, up from $1.61 billion last year. Same-store sales for the company's 820 domestic stores dropped 1.7 percent.


International retail sales were $426.8 million, compared with $426.6 million last year.


close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above