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Office Depot Sales Numbers: What Can We Expect Next?

Office Depot Sales Numbers: What Can We Expect Next?

Office Depot (ODP) is facing two major problems. The company’s store closings are also leading to deflated sales numbers along with lower volumes. For fiscal 2018, Office Depot management has projected a 5% decline in sales to $10.6 billion on a pro forma basis, primarily due to continued struggles in the retail division.