Office Depot Q2 Sales, Earnings Rise

Share this article:

Office products merchant Office Depot Inc. said July 28 that company sales for the second quarter ended July 1 grew 4 percent to$3.5 billion. Same-store sales rose 1 percent during the same period.


The Delray Beach, FL-based firm's net earnings for the quarter totaled $118 million, compared to $100 million in the same period last year. Diluted earnings per share were $0.41 in the second quarter of 2006 versus $0.31 in the same period a year ago.

The company's North American Retail Division had a 4 percent gain in second quarter sales compared to last year. Sales in the North American Business Solutions Division rose 6 percent while the International Division's sales increased 1 percent in U.S. dollars and 2 percent in local currencies.

Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Complexity's What Marketers Got, Simplicity's What They Want

Complexity's What Marketers Got, Simplicity's What They Want

Customer insights managers want campaign management tools to remain easy to use, even as they up their games with multi-layered campaigns.

Wine.com Uncorks New Digital Marketing Opportunities

Wine.com Uncorks New Digital Marketing Opportunities

The online wine retailer's strategy incorporates different flavors and depths.

93% of Companies Are Ineffective at Cross-Channel Marketing

93% of Companies Are Ineffective at Cross-Channel Marketing ...

Companies point to a lack of resources as the most common reason for lackluster marketing integration, a study says.