Latest news with #TheODPCorporation
Yahoo
27-05-2025
- Business
- Yahoo
Best Growth Stocks to Buy for May 27th
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 27th: Encompass Health EHC This company which is a provider of integrated healthcare services, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days. Encompass Health Corporation price-consensus-chart | Encompass Health Corporation Quote Encompass Health has a PEG ratio of 2.42 compared with 2.53 for the industry. The company possesses a Growth Score of A. Encompass Health Corporation peg-ratio-ttm | Encompass Health Corporation Quote Great Lakes Dredge & Dock GLDD: This company which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.8% over the last 60 days. Great Lakes Dredge & Dock Corporation price-consensus-chart | Great Lakes Dredge & Dock Corporation Quote Great Lakes Dredge & Dock has a PEG ratio of 0.98 compared with 1.57 for the industry. The company possesses a Growth Score of A. Great Lakes Dredge & Dock Corporation peg-ratio-ttm | Great Lakes Dredge & Dock Corporation Quote The ODP Corporation ODP: This company which is a provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days. The ODP Corporation price-consensus-chart | The ODP Corporation Quote The ODP Corporation has a PEG ratio of 0.38 compared with 3.86 for the industry. The company possesses a Growth Score of B. The ODP Corporation peg-ratio-ttm | The ODP Corporation Quote See the full list of top ranked stocks here. Learn more about the Growth score and how it is calculated here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The ODP Corporation (ODP) : Free Stock Analysis Report Great Lakes Dredge & Dock Corporation (GLDD) : Free Stock Analysis Report Encompass Health Corporation (EHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-03-2025
- Business
- Yahoo
ODP Business Solutions Announces New Landmark Partnership to Deliver Solutions to CoreTrust Members
New corporate services contract signals continued momentum for ODP Business Solutions in expanding relationships and serving new partners BOCA RATON, Fla., March 06, 2025--(BUSINESS WIRE)--ODP Business Solutions, a leading supplier of workplace solutions and services, and a division of The ODP Corporation (NASDAQ: ODP), today announced a Private Sector purchasing contract with CoreTrust. Through this partnership, ODP Business Solutions will offer products and services to CoreTrust's 3,500+ business member purchasing collective serving major industries including retail, manufacturing, hospitality and finance. This agreement marks the latest in a series of new contracts for ODP Business Solutions, demonstrating the company's growth into new, fast-growing industries. This new corporate services contract allows ODP Business Solutions to supply CoreTrust members with high-quality solutions, including interiors/furniture, technology, breakroom supplies, and print, promotion and apparel services at an exceptional value. These categories are expected to expand by a 4-6% compound annual growth rate (CAGR) over the next five years industry-wide, reflecting ODP Business Solutions' continuing focus on areas where there is substantial growth opportunity. "CoreTrust has tremendous reach and is known as one of the top aggregators for Fortune 1000 companies, so we are honored to leverage our portfolio of products and solutions, and our global supply chain, as a trusted new CoreTrust supplier," said David Centrella, executive vice president of The ODP Corporation and president of ODP Business Solutions. CoreTrust is a market-leading group purchasing organization (GPO) that is trusted by thousands of businesses to leverage its collective purchasing power to secure competitive supplier pricing and more favorable contract terms. With more than $7 billion in annual aggregated spend, CoreTrust members save an average of 20% on indirect spend – far surpassing what they can typically achieve independently. "We are excited to welcome ODP Business Solutions to CoreTrust's portfolio of premier suppliers," said Mahesh Shah, CEO of CoreTrust. "CoreTrust will always strive to help procurement professionals achieve greater savings for their businesses. This partnership strengthens our commitment to being the 'go-to' solution for indirect spend needs." This contract with CoreTrust represents another growth milestone for ODP Business Solutions, following recent expansions within the hospitality sector with both customers and vendors. These achievements align with the company's strategic goals of delivering a diverse range of innovative solutions to meet the evolving needs of customers across multiple industries. Similarly, CoreTrust offers its members competitive pricing on a wide array of indirect spend categories, serving a broad spectrum of sectors and categories. "This partnership is a natural fit and is mutually beneficial for both ODP Business Solutions and CoreTrust. Our operations work very similarly in that we both have a growth mindset to provide our customers and members value not only in the prices and solutions we offer, but by elevating the overall buying experience," said Nisha Brown, vice president of marketing and product management at ODP Business Solutions. To learn more about ODP Business Solutions, visit About ODP Business Solutions: ODP Business Solutions is a trusted partner with more than 30 years of experience working with businesses to adapt to the ever-changing world of work. From technology transformation, sustainability, innovative workspace design, cleaning and breakroom, and everything in between, ODP Business Solutions has the integrated products and services businesses need. Powered by a collaborative team of experienced business consultants, world-class logistics, and trusted brand names, ODP Business Solutions advances how the working world gets work done. For more information on ODP Business Solutions, visit ODP Business Solutions is a division of The ODP Corporation (NASDAQ: ODP). ODP and ODP Business Solutions are trademarks of ODP Business Solutions, LLC. Any other product or company names mentioned herein are the trademarks of their respective owner About CoreTrust Since 2006, CoreTrust has been a trusted group purchasing organization (GPO), helping businesses save on indirect spend, private equity firms improve portfolio performance, and suppliers drive growth. With $7 billion in annual purchasing power and a network of 3,500+ members, CoreTrust offers access to 125+ pre-negotiated contracts with top suppliers. Key categories include corporate services, facilities, HR, technology, travel, and supply chain and logistics, delivering efficiency and value to members. Members enjoy market-leading pricing and exclusive access to the CoreTrust Experience Platform (CXP), a digital marketplace with curated contracts and actionable insights for smarter procurement. Membership is free, offering unmatched savings and simplified solutions for managing indirect spend. Learn more at About The ODP Corporation The ODP Corporation (NASDAQ:ODP) is a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, which includes world-class supply chain and distribution operations, dedicated sales professionals, online presence and a network of Office Depot and OfficeMax retail stores. Through its operating companies Office Depot, LLC; ODP Business Solutions, LLC; and Veyer, LLC, The ODP Corporation empowers every business, professional, and consumer to achieve more every day. For more information, visit ODP and ODP Business Solutions are trademarks of ODP Business Solutions, LLC. Office Depot is a trademark of The Office Club, LLC. OfficeMax is a trademark of OMX, Inc. Veyer is a trademark of Veyer, LLC. ©2025 Office Depot, LLC. All rights reserved. Any other product or company names mentioned herein are the trademarks of their respective owners. FORWARD LOOKING STATEMENTS – THE ODP CORPORATION This communication may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations, cash flow or financial condition, or state other information relating to, among other things, The ODP Corporation ("the Company"), based on current beliefs and assumptions made by, and information currently available to, management. Forward-looking statements generally will be accompanied by words such as "anticipate," "believe," "plan," "could," "estimate," "expect," "forecast," "guidance," "expectations", "outlook," "intend," "may," "possible," "potential," "predict," "project," "propose" "aim" or other similar words, phrases or expressions, or other variations of such words. These forward-looking statements are subject to various risks and uncertainties, many of which are outside of the Company's control. There can be no assurances that the Company will realize these expectations or that these beliefs will prove correct, and therefore investors and stakeholders should not place undue reliance on such statements. Investors and shareholders should carefully consider the foregoing factors and the other risks and uncertainties described in the Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed with the U.S. Securities and Exchange Commission. The Company does not assume any obligation to update or revise any forward-looking statements. View source version on Contacts Press Contact: Katee Schalau6600 North Military TrailBoca Raton, FL 33496mediarelations@
Yahoo
06-03-2025
- Business
- Yahoo
CoreTrust Secures Agreement with ODP Business Solutions to Deliver New Offerings to Members
CoreTrust has partnered with ODP Business Solutions to provide its 3,500+ members with greater savings on indirect spend through an expanded supplier network. NASHVILLE, Tenn., March 6, 2025 /PRNewswire/ -- CoreTrust, a leading group purchasing organization (GPO), has partnered with ODP Business Solutions, a leading supplier of workplace solutions and services and a division of The ODP Corporation (NASDAQ: ODP), to help its 3,500+ business members save even more on indirect spend. This new corporate services contract provides CoreTrust business members with access to ODP Business Solutions' high-quality solutions, specifically including interiors/furniture, technology, breakroom supplies, and print, promotion and apparel services at an exceptional value. By adding ODP Business Solutions to its curated supplier portfolio, CoreTrust reinforces its mission to drive greater savings and value for its business members. "CoreTrust is a 'must-have' for procurement professionals seeking savings in indirect spend and great service from suppliers," said Mahesh Shah, CEO of CoreTrust. "By partnering with ODP Business Solutions, CoreTrust strengthens its reputation as the trusted purchasing partner for indirect spend needs. It's the procurement industry's best-kept secret." With over 30 years of expertise, ODP Business Solutions brings a strong supply chain and a diverse portfolio of workplace solutions to CoreTrust members. By partnering with CoreTrust, ODP Business Solutions not only creates new savings opportunities for CoreTrust members but also gains access to CoreTrust's valued business member base, creating a mutually beneficial collaboration between two market leaders. CoreTrust leverages the aggregated buying power of its business members to secure competitive supplier pricing and contract terms that surpass what most organizations can achieve independently. With over $7 billion in annual aggregated spend, CoreTrust members typically save an average of 20% on indirect spend, offering a major advantage for businesses focused on growth and profitability. David Centrella, Executive Vice President of The ODP Corporation and President of ODP Business Solutions, shared his enthusiasm: "CoreTrust has tremendous reach and is known as one of the top aggregators in the business for Fortune 1000 companies. We are honored to leverage our portfolio of products and solutions, and our global supply chain as a new CoreTrust supplier to bring high-value offerings to members." CoreTrust invites businesses to explore the benefits of joining its procurement network. With free membership, instant access to pre-negotiated supplier contracts, spend analysis and tailored spend category recommendations, and easy onboarding, CoreTrust has helped thousands of organizations achieve greater cost savings and efficiency. Learn more at About CoreTrust Since 2006, CoreTrust has been a trusted group purchasing organization (GPO), helping businesses save on indirect spend, private equity firms improve portfolio performance, and suppliers drive growth. With $7 billion in annual purchasing power and a network of 3,500+ members, CoreTrust offers access to 125+ pre-negotiated contracts with top suppliers. Key categories include corporate services, facilities, HR, technology, travel, and supply chain and logistics, all delivering efficiency and value to members. Members enjoy market-leading pricing and exclusive access to the CoreTrust Experience Platform (CXP), a digital marketplace with curated contracts and actionable insights for smarter procurement. Membership is free, offering unmatched savings and simplified solutions for managing indirect spend. Learn more at About ODP Business Solutions ODP Business Solutions is a trusted partner with more than 30 years of experience working with businesses to adapt to the ever-changing world of work. From technology transformation, sustainability, innovative workspace design, cleaning and breakroom, and everything in between, ODP Business Solutions has the integrated products and services businesses need. Powered by a collaborative team of experienced business consultants, world-class logistics, and trusted brand names, ODP Business Solutions advances how the working world gets work done. For more information on ODP Business Solutions, visit Media Contact:601 11th Avenue North, Suite 700Nashville, TN 37203media@ View original content to download multimedia: SOURCE CoreTrust
Yahoo
04-03-2025
- Business
- Yahoo
Around 60 employees to be laid off at Plymouth shipping facility
Around 60 employees are set to be laid off as a logistics company closes its Plymouth facility. Veyer, a Florida-based logistics company, recently informed the Minnesota Department of Employment and Economic Development that it intends to shutter its operations located at 1105 Xenium Lane in Plymouth. The layoffs will affect around 60 employees over a 14-day period beginning April 28. Veyer is a subsidiary of The ODP Corporation, which also owns Office Depot and OfficeMax. Affected positions include office and warehouse associates, delivery drivers, general managers, maintenance mechanics, equipment operators and managers. None of the affected employees are union members, according to the letter from Veyer.
