BOCA RATON, Fla.--(BUSINESS WIRE)--Sep. 5, 2012--
Office Depot, Inc. (NYSE:ODP), a leading global provider of office
supplies and services, today will affirm its full-year 2012 outlook
at the Goldman Sachs Nineteenth Annual Global Retailing Conference in
New York City.
The affirmed outlook will include the following:
The Company expects to achieve full-year 2012 adjusted EBIT in the
$125 to $135 million range, an increase of approximately $5 to $10
million from 2011; and
The Company also expects full-year 2012 free cash flow to be in the
$80 to $100 million range from an operational perspective, an increase
of approximately $10 to $30 million from 2011.
To listen to the webcast, scheduled to begin at 9:00 a.m. Eastern Time
(8:00 a.m. Central Time), please visit Office Depot’s Investor Relations
website at http://investor.officedepot.com.
A replay of the webcast will also be available on the website.
About Office Depot
Office Depot provides office supplies and services through 1,680
stores, a dedicated sales force, top-rated catalogs, and global
e-commerce operations. Office Depot has annual sales of approximately
$11.5 billion, employs about 39,000 associates, and serves customers in
60 countries around the world.
Office Depot’s common stock is listed on the New York Stock Exchange
under the symbol ODP. Additional press information can be found at: http://mediarelations.officedepot.com
Source: Office Depot, Inc.
Office Depot, Inc.
Brian Levine, 561-438-2895