How Office Depot’s Bottom Line Compares

In the last four quarters, Office Depot (ODP) has beaten analysts’ estimate twice, missed it once, and matched it once. In the fiscal first quarter, Office Depot’s adjusted EPS fell 50% YoY (year-over-year) to $0.08, matching analysts’ estimate. The decline stemmed from higher investments made in transformative initiatives. The company has been deploying resources toward advertising and marketing to boost demand for its retail offerings. The company expects these ongoing investments to dent margins in the near term.