Dernières nouvelles pour ODP (NASDAQ:ODP) Stock

The ODP Corp operates an integrated B2B distribution platform with divisions focusing on various sectors: ODP Business Solutions serves small to enterprise-level companies with office supplies, technology, furniture, and services. Office Depot Division caters to retail consumers and small businesses through retail locations and eCommerce platforms, offering office supplies, technology, and business services. Veyer Division specializes in supply chain, distribution, and procurement services for both internal and third-party customers, with a focus on global operations. Varis Division offers a tech-enabled B2B indirect procurement marketplace, providing a seamless buying experience and advanced spend management tools. Revenue primarily stems from the Veyer division.

The ODP Corp

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Monday.
Shares of Eagle Financial Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFSI#NASDAQ">EFSI</a>) fell sharply in today's pre-market trading after the company released financial <a href="https://www.benzinga.com/quote/efsi">results for the first quarter</a>.
Eagle Financial Services reported quarterly earnings of 62 cents per share, down from 72 cents per share in the year-ago period.
Eagle Financial Services shares dipped 5.8% to $30.51 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>RXO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RXO#NYSE">RXO</a>) shares dipped 10.7% to $12.01 in pre-market trading. Truist Securities analyst Lucas Servera, on April 24, maintained RXO with a Buy and lowered the price target from $24 to $19.</li>
<li>The ODP Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) declined 9.8% to $12.01 in today's pre-market trading. ODP will announce first quarter financial results before the opening bell on Wednesday, May 7.</li>
<li>Hillman Solutions Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLMN#NASDAQ">HLMN</a>) shares fell 8.3% to $7.03 in pre-market trading.</li>
<li>Omeros Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMER#NASDAQ">OMER</a>) tumbled 6.8% to $6.81 in pre-market trading.</li>
<li>Magnera Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAGN#NYSE">MAGN</a>) dipped 6.8% to $13.41 in pre-market trading. Magnera is expected to report second quarter results on May 7.</li>
<li>AleAnna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANNA#NASDAQ">ANNA</a>) fell 6.4% to $9.13 in pre-market trading.</li>
<li>Bausch + Lomb Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLCO#NYSE">BLCO</a>) fell 2.8% to $13.35 in pre-market trading.</li>
<li>Delcath Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCTH#NASDAQ">DCTH</a>) slipped 2.2% to $11.85 in pre-market trading. Delcath Systems will host a conference call on May 8 to discuss results for its first quarter.</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell 1.5% to $109.34 in pre-market trading.</li>
</ul>
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Eagle Financial Services, Nvidia And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Shares of Amplify Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPY#NYSE">AMPY</a>) rose sharply in today's pre-market after the company announced its termination of the previously announced merger agreement <a href="https://www.benzinga.com/quote/AMPY">with Juniper Capital</a>.
Amplify Energy shares jumped 15.5% to $3.11 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>AGM Group Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGMH#NASDAQ">AGMH</a>) rose 47% to $0.0714 in pre-market trading after gaining around 25% on Friday.</li>
<li>Xunlei Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XNET#NASDAQ">XNET</a>) surged 17.8% to $4.57 in pre-market trading after falling 5% on Friday.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) surged 15.1% to $7.92 in pre-market trading.</li>
<li>QuantaSing Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) gained 13.1% to $5.70 in pre-market trading.</li>
<li>Faraday Future Intelligent Electric Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFAI#NASDAQ">FFAI</a>) gained 12.4% to $1.18 in pre-market trading. Faraday Future received powerful endorsements from California leaders backing FX brand, Bridge strategy, and YT Jia&#8217;s co-CEO appointment.</li>
<li>CPI Aerostructures, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVU#NYSE">CVU</a>) jumped 12.4% to $3.72 in pre-market trading.</li>
<li>Safe Bulkers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SB#NYSE">SB</a>) rose 10.3% to $3.74 in pre-market trading a.</li>
<li>UMH Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMH#NYSE">UMH</a>) gained 9.8% to $19.19 in pre-market trading.</li>
<li>BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) shares jumped 8.8% to $3.84 in pre-market trading after jumping 21% on Friday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Spruce Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRB#NASDAQ">SPRB</a>) shares fell 39.1% to $0.0790 in pre-market trading. Spruce Biosciences approved a plan to implement a workforce reduction of 55% on April 21, 2025, effective immediately.</li>
<li>Baijiayun Group Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTC#NASDAQ">RTC</a>) shares dipped 18.9% to $0.2640 in pre-market trading. Baijiayun shares surged around 75% on Friday after the company announced a multi-year investment plan to build a new ecosystem for autism rehabilitation.</li>
<li>Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) declined 17.6% to $5.26 in pre-market trading.</li>
<li>Odyssey Marine Exploration, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMEX#NASDAQ">OMEX</a>) shares tumbled 15.9% to $1.27 in pre-market trading. Odyssey Marine Exploration shares surged 77% on Friday amid President Trump&#8217;s plans to advance the deep sea mining industry.</li>
<li>Jiuzi Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JZXN#NASDAQ">JZXN</a>) fell 14.6% to $2.53 in pre-market trading after gaining 25% on Friday.</li>
<li>Health Catalyst, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCAT#NASDAQ">HCAT</a>) fell 14.4% to $3.51 in pre-market trading. Citigroup, on Friday, maintained a Buy rating on Health Catalyst and lowered the price target to $6.5.</li>
<li>Viemed Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMD#NASDAQ">VMD</a>) shares fell 13.5% to $6.12 in pre-market trading. Viemed Healthcare will host its first quarter earnings conference call on Thursday, May 8.</li>
<li>Abpro Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABP#NASDAQ">ABP</a>) dipped 13.2% to $0.2760 in pre-market trading. Abpro and Celltrion presented preclinical data for ABP-102/CT-P72, showcasing potential best-in-class HER2 X CD3 T-cell engager.</li>
<li>RXO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RXO#NYSE">RXO</a>) fell 10.7% to $12.01 in pre-market trading. Truist Securities analyst Lucas Servera, on April 24, maintained RXO with a Buy and lowered the price target from $24 to $19.</li>
<li>The ODP Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) fell 9.8% to $12.01 in today's pre-market trading. ODP will announce first quarter financial results before the opening bell on Wednesday, May 7.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/45007044/wall-streets-most-accurate-analysts-give-their-take-on-3-real-estate-stocks-delivering-high-dividend-yields-5">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields</a> </li>
</ul>
Photo via Shutterstock

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Faraday Future Intelligent Electric Inc. - Class A Common Stock

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XNET

Why Amplify Energy Shares Are Trading Higher By Over 15%; Here Are 20 Stocks Moving Premarket

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Shares of companies in the broader retail and apparel sector are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

CAVA Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) shares are trading higher Thursday following an announcement that the company will be <a href="https://www.benzinga.com/pressreleases/25/03/n44505072/cava-group-set-to-join-s-p-midcap-400-and-angi-to-join-s-p-smallcap-600">added to the S&amp;P MidCap 400</a>.
What Happened: After the market close on Wednesday, S&amp;P Dow Jones Indices announced a rebalancing of the S&amp;P MidCap 400 and S&amp;P SmallCap 600 indices. 
Cava Group will replace Altair Engineering Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) in the MidCap index effective prior to the opening of trading on Monday. The adjustment comes after Siemens acquired Altair Engineering.
Angi Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) will also replace ODP Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) in the S&amp;P SmallCap 600, effective before the open on April 2. 
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44513963/us-gdp-growth-upwardly-revised-in-q4-trade-deficit-slightly-narrows-as-auto-exports-soar-in-february">US GDP Growth Upwardly Revised In Q4, Trade Deficit Slightly Narrows As Auto Exports Soar In February</a>
<h3 class="wp-block-heading">How To Buy CAVA Stock</h3>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Cava's case, it&#8217;s in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
CAVA Price Action: <a href="http://benzinga.com/quote/cava">Cava Group shares</a> were up 3.15% at $89.40 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: courtesy of Cava Group.

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ANGI

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What's Going On With Cava Group Stock Thursday?

Angi To Replace ODP In S&P SmallCap 600, Effective April 2

TSCO

Shares of retail, apparel, and ecommerce stocks are trading lower amid a decline in consumer spending data. Additionally, Kohl's issued expectations for sales to fall in 2025.

New partnership reaffirms ODP Business Solutions' commitment to the hospitality industry and adjacent categories, fostering a refined guest experience

ODP Business Solutions And Hunter Amenities Partner Expand Product Offerings And Enhance Presence In Hospitality Industry

The ODP Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) shares are <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">trading lower on Wednesday.</a>
The company reported fourth-quarter adjusted earnings per share of 66 cents, <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/b43968631/the-odp-corporation-announces-fourth-quarter-and-full-year-2024-results" rel="noreferrer noopener">missing the street view of 80 cents</a>. Quarterly sales of $1.624 billion (down 10% year over year) outpaced the analyst consensus estimate of $1.610 billion.
Lower sales in its consumer division, Office Depot, was primarily due to lower retail and online consumer traffic and lower average order volumes, as well as 47 fewer stores in service compared to last year related to planned store closures.
Fourth quarter 2024 adjusted operating income was $32 million, down compared to $57 million in the fourth quarter of 2023.
&#8220;Our performance in 2024 was impacted by weak macroeconomic trends, subdued business and consumer activity, and effects from severe weather in the second half of the year,&#8221; said CEO Gerry Smith.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/02/43973370/lowes-q4-win-higher-profits-big-buybacks-and-a-cautious-2025-outlook" rel="noreferrer noopener">Lowe&#8217;s Q4 Win: Higher Profits, Big Buybacks And A Cautious 2025 Outlook</a>
ODP Business Solutions Division&#8217;s operating income margin was 3%, down 70 basis points compared to the same period last year, while Office Depot Division&#8217;s operating income margin was 4%, down 100 basis points.
&#8220;Looking ahead to 2025, we plan to prioritize capital allocation toward our core business over share repurchases, focusing on high-return B2B growth opportunities that we believe will drive sustainable, long-term value for our shareholders,&#8221; said Adam Haggard, senior vice president and co-chief financial officer of ODP Corporation.
Adjusted Free Cash Flow&nbsp;was $(57) million in the fourth quarter, compared to $48 million in the prior year period.
The company exited the quarter with cash and equivalents worth $166 million.
Long-term debt (net of current maturities) expanded to $270 million from $165 million in the year-ago period.
ODP Price Action: ODP Corporation shares are trading lower by 21.21% to $15.12 at publication Wednesday.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/government/regulations/25/02/43967649/us-stocks-likely-to-open-higher-ahead-of-nvidia-earnings-sp-500s-four-day-fall-was-a-non-event-says-expert" target="_blank" rel="noreferrer noopener">US Stocks Likely To Open Higher Ahead Of Nvidia Earnings: S&amp;P 500's Four-Day Fall Was A ‘Non-Event,' Says Expert</a></li>
</ul>
Courtesy: ODP Corporation

Earnings

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Guidance

General

ODP Corporation Stock Plunges Over 20%: Q4 Earnings Misses Expectations As Sales Drop

ODP shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results.

Earnings Beats

Earnings Misses

ODP Q4 2024 Adj. EPS $0.66 Misses $0.80 Estimate, Sales $1.624B Beat $1.608B Estimate

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Core Scientific, Inc. - Class A Common Stock

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GSX Techedu Inc. American Depositary Shares

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Earnings Scheduled For February 26, 2025

Shelling out millions of dollars for a Super Bowl commercial can be a risky move. Just ask the 14 companies with dot com in their name how things turned out after being featured in <a href="https://www.benzinga.com/topic/super-bowl">Super Bowl ads </a>in 2000.
What Happened: Super Bowl XXXIV, which featured the St. Louis Rams and Tennessee Titans, will be remembered for many reasons, including being known as the "Dot-Com Super Bowl" due to the large number of companies with dot com in their name shelling out millions on<a href="https://www.benzinga.com/general/sports/25/01/43324031/super-bowl-lix-commercials-hit-record-8-million-how-fox-corporation-can-win-from-nfl-championship"> Super Bowl ads.</a>
Super Bowl commercials for the NFL championship game in 2000 had a cost of around $2.2 million for a 30-second spot. Compare that to the $7 million to $8 million per 30-second spot that Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) is getting for this year's big game.
Here is the list of the dot-com companies that ran ads in Super Bowl XXXIV:
<ul>
<li>AutoTrader.com: Still Active</li>
<li>Computer.com: Bought out by Office Depot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) in 2000</li>
<li>E1040.com: Defunct</li>
<li>Epidemic.com: Defunct</li>
<li>E-Stamp.com: Defunct</li>
<li>HotJobs.com: Bought by Yahoo! in 2022 and later by Monster.com in 2010</li>
<li>LastMinuteTravel.com: Active, merged with Tourico Holidays in 2004, acquired by Hotelbeds Group in 2017</li>
<li>LifeMinders.com: Bought by Cross Media Group in 2001</li>
<li>Monster.com: Active, bought by Randstad NV in 2016, now majority owned by Apollo Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)</li>
<li>OnMoney.com: Defunct</li>
<li>Netpliance: Rebranded as Tipping Point in 2002, bought by 3Com in 2005</li>
<li>OurBeginning.com: Bought by undisclosed company in 2002</li>
<li>Pets.com: Defunct, website now redirects to PetSmart's website</li>
<li>WebMD: Active, bought by Internet Brands in 2017</li>
</ul>
Along with the 14 dot-com companies that ran ads, there were also several technology companies that were founded before the dot-com boom that aired ads in this Super Bowl. Those companies are:
<ul>
<li>Britannica: Active</li>
<li>E&#x2A;Trade: Active, bought by Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) in 2020</li>
<li>Electronic Data Systems: Bought by HP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) in 2008</li>
<li>Kforce: Active</li>
<li>MicroStrategy: Active, changing name to Strategy and trades as MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</li>
</ul>
As <a href="https://x.com/darrenrovell/status/1885071827145253163">pointed </a>out by cllct co-founder Darren Rovell, only three of the 14 dot-com companies that advertised in Super Bowl XXXIV still exist under the same name today (Autotrader, Monster, WebMD).
Read Also: <a href="https://www.benzinga.com/general/sports/24/02/37076429/super-bowl-commercials-2024-complete-list-of-super-bowl-lviii-ads-and-companies-behind-them">Super Bowl Commercials 2024: Complete List Of Super Bowl LVIII Ads And Companies Behind Them</a>
Why It's Important: Super Bowl XXXIV was watched by more than 80 million people and many of the dot-com companies that advertised saw big spikes in website traffic.
LastMinuteTravel <a href="https://www.sfgate.com/business/networth/article/dot-com-super-bowl-advertisers-fumble-but-down-2739134.php">saw </a>over 300,000 hits per minute during its Super Bowl ads. OurBeginning.com's revenue was up 350% year-over-year in the first quarter of 2000. For most, the gains in traffic and revenue weren't enough to offset the high marketing costs on the Super Bowl ads.
Super Bowl XXXIV may have been one of the peak moments of the dot-com bubble with Barron's <a href="https://www.benzinga.com/general/education/19/03/11389594/this-day-in-market-history-barrons-calls-1bubble-top">calling the top</a> on March 20, 2000 with a cover story "Burning Up."
The 2001 Super Bowl (XXXV) featured only three dot-com companies as many of the prior year's companies had already gone under or were facing financial struggles. E&#x2A;Trade poked fun at the number of dot-com companies from the prior year during their Super Bowl XXXV ad.
The Dot-Com Super Bowl of 2000 hit the spotlight again in 2022 when a large number of cryptocurrency companies ran Super Bowl ads in Super Bowl LVI,<a href="https://www.benzinga.com/markets/cryptocurrency/22/02/25569962/super-bowl-lvi-becomes-crypto-bowl-with-commercials-ad-campaigns-for-big-game"> prompting the nickname</a> of the "Crypto Bowl."
Among the companies that advertised during Super Bowl LVI was FTX, a cryptocurrency platform that went bankrupt less than a year after its Super Bowl commercial.
Spending millions of dollars on a Super Bowl commercial is not a proven path to success, especially for smaller unproven and unprofitable companies. Food for thought as you watch this year's Super Bowl ads.
Read Next: 
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Photo: Shutterstock

Entertainment

Sports

FOXA

MSTR

14 Dot-Com Companies Had Super Bowl Commercials In 2000, Here's How Many Still Exist Today

– Base Rent from Our Industrial Portfolio Now Exceeds 72% of All Base Rent –
–&nbsp;Closes on the Sale of Retail and Health &amp; Fitness Properties for $23 Million and Will Realize Over $6.6 Million in Gains&nbsp;–
GREAT NECK, New York, Jan. 22, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLP#NYSE">OLP</a>), a real estate investment trust focused on net leased industrial properties, today announced the completion of the previously announced acquisition of two Class A industrial properties located in the Mobile, Alabama MSA, for $49 million. The two properties comprise an aggregate of 371,586 square feet and are located on approximately 31 acres. There are four tenants—Simpson Manufacturing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSD#NYSE">SSD</a>), Veyer LLC, a wholly owned subsidiary of The ODP Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>), Chadwell Supply, a supplier of materials for the multi-family industry, and DC Safety Sales Co., Inc, a supplier of safety equipment to various industries, including the automotive industry. The aggregate annual base rent is approximately $3.1 million, with approximate annual rental increases ranging from 2.3% to 3.5%, and a weighted average remaining lease term approaching seven years. OLP financed the acquisition with cash and a ten-year $29 million mortgage (interest only for five years and then amortizing on a 30-year schedule) bearing an interest rate of 6.12%.

One Liberty Properties Announces $49M Acquisition Of Two Industrial Properties In Alabama; Sells Retail And Health & Fitness Properties For $23M, Gains $6.6M; Base Rent From Industrial Portfolio Now Exceeds 72%

Management

On December 12, 2024, ODP Announces Appointment Of Max Hood, And Adam Haggard, To Each Serve As Co-CFOs And Co-Principal Financial Officers - Filing

UBS analyst Michael Lasser maintains ODP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) with a Neutral and lowers the price target from $30 to $28.

Price Target

Analyst Ratings

UBS Maintains Neutral on ODP, Lowers Price Target to $28

<h3>Gainers</h3>
<ul>
<li>Revolve Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVLV#NYSE">RVLV</a>) stock increased by 24.8% to $32.46 during Wednesday's regular session. The company's market cap stands at $2.2 billion. The company's, Q3 earnings came out yesterday. </li>
<li>MasterCraft Boat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCFT#NASDAQ">MCFT</a>) stock rose 23.59% to $21.79. The company's market cap stands at $361.9 million. As per the news, the Q1 earnings report came out today. </li>
<li>Super Group (SGHC) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGHC#NYSE">SGHC</a>) shares rose 16.34% to $4.88. The market value of their outstanding shares is at $2.4 billion. The company's, Q3 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>iRobot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) stock declined by 33.2% to $6.96 during Wednesday's regular session. The company's market cap stands at $200.0 million. As per the press release, Q3 earnings came out today. </li>
<li>ODP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) stock declined by 15.21% to $26.38. The market value of their outstanding shares is at $885.8 million. As per the press release, Q3 earnings came out today. </li>
<li>Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) stock decreased by 14.31% to $37.99. The company's market cap stands at $4.6 billion. As per the news, the Q3 earnings report came out 3 days ago. </li>
<li>Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) shares decreased by 13.54% to $9.58. The company's market cap stands at $35.6 million. </li>
<li>Cricut (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) stock declined by 13.17% to $5.71. The company's market cap stands at $1.2 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Jiade (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JDZG#NASDAQ">JDZG</a>) stock declined by 12.31% to $0.78. The company's market cap stands at $19.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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9 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session

The ODP Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODP#NASDAQ">ODP</a>) shares <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">are trading lower on Wednesday.</a>
The company reported third-quarter adjusted earnings per share of 71 cents, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41769448/the-odp-corporation-announces-third-quarter-2024-results" rel="noreferrer noopener">missing the street view of $1.60.</a>
Quarterly sales of $1.780 billion, down 11% year-over-year, missed the analyst consensus of $1.820 billion.
The decrease in reported sales is largely related to lower sales in its Office Depot Division, primarily due to 53 fewer retail locations in service compared to the previous year and reduced transactions, as well as lower sales in its ODP Business Solutions Division.
&#8220;We&#8217;re leveraging our differentiated core strengths to pivot towards higher growth B2B opportunities, and we are beginning to see promising traction at both our ODP Business Solutions and Veyer Divisions,&#8221; said Gerry Smith, chief executive officer.&nbsp;
Also Read: <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/11/41774549/trumps-big-tech-policies-what-gop-victory-means-for-apple-google-microsoft" rel="noreferrer noopener">Trump&#8217;s Big Tech Policies: What GOP Victory Means For Apple, Google, Microsoft</a>
In the quarter under review, adjusted EBITDA was $62 million, compared to $138 million in the year-ago period.
As of September 28, ODP had total available liquidity of approximately $728 million, consisting of $192 million in cash and equivalents.
In a separate press release, the company announced a partnership with a <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41769797/the-odp-corporation-embarks-on-a-new-10-year-1-5b-transformative-partnership-with-nationally-recog" rel="noreferrer noopener">nationally recognized strategic reseller</a>. This partnership, worth up to $1.5 billion spanning a 10-year period, will leverage the reseller provider&#8217;s expertise in creating custom, results-driven e-commerce solutions and the company&#8217;s extensive fulfillment centers and delivery network.
Outlook: ODP has <a target="_blank" href="https://www.theodpcorp.com/news-releases/news-release-details/odp-corporation-announces-second-quarter-2024-results" rel="noreferrer noopener">lowered </a>its full-year 2024 adjusted EPS guidance from a range of $4.25 &#8211; $5.00 to $3.10 &#8211; $3.80, below the $4.27 analyst estimate.
The company expects sales to be approximately $7 billion (prior view: at least $7 billion), compared to the $7.09 billion estimate.
Price Action: ODP shares are trading lower by 15.2% to $26.37 at last check Wednesday.
Photo via <a href="https://commons.wikimedia.org/wiki/File:Office_Depot_%284190699897%29.jpg">Wikimedia Commons</a>
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Office Depot's Parent Company ODP Slashes 2024 Outlook After Weak Q3 Earnings, Eyes B2B Pivot To Offset Retail Woes

ODP shares are trading lower after the company reported worse-than-expected Q3 financial results and lowered FY24 outlook.

The ODP Corporation today announced a partnership with a large, growing strategic reseller organization, offering quality office, furniture, print, promotional and facility resource solutions to large multi-site companies. This partnership, worth up to $1.5 billion spanning a 10-year period, will leverage the reseller provider's expertise in creating custom, results-driven e-commerce solutions and the Company's extensive fulfillment centers and delivery network.
"This collaboration enables a leader in reseller services to leverage our comprehensive product and service offerings, national distribution and award-winning e-commerce platform to service their customers," said David Centrella, EVP of The ODP Corporation and President of ODP Business Solutions. "This partnership reflects our commitment to providing solutions that address unique business needs."

ODP Announced 10-Year $1.5B Partnership With Nationally Recognized Strategic Reseller Organization Offering Quality Office, Furniture,

This partnership will leverage the reseller provider's expertise in creating custom, results-driven e-commerce solutions and the Company's extensive fulfillment centers and delivery network.

Contracts

ODP Enters New 10-Year, $1.5B Partnership With A Strategic Reseller Organization

Press Releases

The ODP Corporation Announces Fourth Quarter and Full Year 2024 Results

ODP Business Solutions Partners with Hunter Amenities to Expand Product Offerings and Enhance Presence in the Hospitality Industry

ODP Business Solutions Announces New Landmark Partnership to Deliver Solutions to CoreTrust Members

CoreTrust Secures Agreement with ODP Business Solutions to Deliver New Offerings to Members

The ODP Corporation to Participate in the Loop Capital Markets 2025 Investor Conference Monday, March 10th, 2025

The ODP Corporation to Participate in the UBS Global Consumer & Retail Conference Wednesday, March 12th, 2025

ODP Business Solutions Continues Expansion in Hospitality Industry with New Sobel Westex Distribution Partnership

The ODP Corporation to Participate in the Sidoti Conference Wednesday, March 19th, 2025

Cava Group Set to Join S&P MidCap 400 and Angi to Join S&P SmallCap 600

The ODP Corporation to Announce First Quarter 2025 Result Wednesday, May 7th, 2025

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