OfficeMax Incorporated (OMX) - NYSE
OMX is defunct.
  • Sep. 5, 2012, 11:01 AM

    OfficeMax (OMX +0.5%) reiterates its Q and full year 2012 guidance as part of its presentation at the Goldman Sachs Global Retailing Conference (webcast), noting that strategic initiatives are boosting results. Shares of OMX aren't catching the nice kick that ODP is seeing from reiterated guidance as ODP is tagged by some as the weaker name in the sector and more likely to disappoint.

    | Sep. 5, 2012, 11:01 AM
  • Aug. 21, 2012, 1:56 PM

    Brick-and-mortar retail nightmare: A study from research firm GroupM Next indicates that 45% of shoppers at a physical store will walk out and complete their purchase online if they can find price savings of 2.5% or more. At 5% savings, the number jumps to 60% of shoppers. The Amazon (AMZN) Effect continues to rev up as the numbers of shoppers who check product pricing on-the-fly with their mobile devices now stands at a whopping 44%. Pass the aspirin: SPLS, OMX, ODP, RSH, HGG, CONN, DKS, TGT, WMT, GPS.

    | Aug. 21, 2012, 1:56 PM | 26 Comments
  • Aug. 15, 2012, 10:22 AM

    The common refrain on the office supply sector used to be that Staples (SPLS) would be the last man standing as peers OfficeMax (OMX) and Office Depot (ODP) fell by the wayside. But after Staples sees profits fall dramatically and cut its sales guidance, Herb Greenberg wonders if anyone will survive the sector carnage. Unlike Best Buy, leveraged buyouts don't appear to be in the mix. SPLS -14.5%, ODP -3.4%, OMX -4.4%.

    | Aug. 15, 2012, 10:22 AM | 1 Comment
  • Aug. 15, 2012, 9:42 AM

    Staples (SPLS -15.5%) shares open at a nine-year low after missing Q2 estimates and lowering FY2013 guidance. Office product retail peers Office Depot (ODP -3.1%) and OfficeMax (OMX -5.6%) also are sharply lower.

    | Aug. 15, 2012, 9:42 AM | 1 Comment
  • Aug. 2, 2012, 10:48 AM

    Shares of OfficeMax (OMX 15.8%) soar after the company swings to a profit with its Q2 earnings report and beats the estimate of analysts. The office supply chain also increased its revenue guidance above consensus and reinstated its quarterly dividend.

    | Aug. 2, 2012, 10:48 AM
  • Aug. 2, 2012, 10:39 AM
    OfficeMax (OMX): Q2 EPS of $0.12 beats by $0.05. Revenue of $1.6B (-2.7% Y/Y) misses by $0.04B. (PR)
    | Aug. 2, 2012, 10:39 AM
  • Jul. 31, 2012, 11:35 AM

    A survey from Deloitte tips off that the back-to-school shopping season could be a pleasant surprise for retailers such as OfficeMax (OMX -0.7%), Office Depot (ODP +1.4%), and Staples (SPLS +0.1%). A majority of respondents indicate they plan to spend more this year on school supplies, mirroring the results from a NRF poll of a couple weeks ago. If consumers follow through with the extra buying, especially electronics, the back-to-school bounce could also be felt by RSH, WMT, COST, BBY, and TGT.

    | Jul. 31, 2012, 11:35 AM
  • Jul. 19, 2012, 7:23 AM

    The National Retail Federation estimates back-to-school spending will increase 14% this year, a mark that would represent the best pace since the survey began in 2003. Nearly 60% of parents will invest in some sort of electronics, up considerably from last year's level of electronics spending. On watch for a boost: WMT, TGT, BBY, ODP, OMX, SPLS, RSH.

    | Jul. 19, 2012, 7:23 AM | 1 Comment
  • Jul. 13, 2012, 12:56 PM

    Speculation mounts that Google (GOOG +0.8%) could start to open retail stores after seeing rivals Apple (300 open) and Microsoft (44 planned) push into the domain. For now, the company has only established Chrome Zones in Best Buy (BBY -0.9%) stores and other select locations, but a major investment to promote and protects its brand could be part of its future strategy. The move could also be a blow for office supply stores and electronics retailers depending on what kind of products are sold at the Google store and how distributions deals are worked out.

    | Jul. 13, 2012, 12:56 PM | 5 Comments
  • Jul. 12, 2012, 11:48 AM

    Sam's Club (WMT +0.4%) advertises the Google Nexus 7 on the home page of its website with promotions aimed directly at college students. The move follows the direction of a growing numbers of retailers - including BBY, RSH, ODP, OMX, and SPLS - keeping their primary focus on selling tech products directly to college students rather than the typical K-12 back-to-school crowd. Laptops and tablets could boost revenue totals, but NBG's Brian Sozzi warns college kids are likely to be online bargain buyers.

    | Jul. 12, 2012, 11:48 AM
  • Jul. 11, 2012, 10:19 AM
    Office Depot (ODP -5.6%) sinks lower after Bernstein Research downgrades shares to Market Perform from Outperform on revenue concerns. Peers Staples (SPLS -2.2%) and OfficeMax (OMX -2.1%) are also taking on water from a Bernstein ratings cut.
    | Jul. 11, 2012, 10:19 AM
  • Jun. 19, 2012, 8:02 AM
    Neuberger Berman calls on OfficeMax (OMX) to pay a dividend or repurchase shares as the company sits mired in a 3-month slump that has seen shares fall 24%. It's not the idle chatter of a sell-side analyst, the investment firm recently upped (13D) its stake in OMX up to 5%.
    | Jun. 19, 2012, 8:02 AM
  • May 18, 2012, 12:32 PM
    OfficeMax (OMX +1.9%) and Office Depot (ODP +1.4%) trade higher as Staples (SPLS -1.1%) slumps again. While all three office supply sellers race to downsize and increase e-commerce sales, it's a weak Europe and the threat of Amazon's new B2B site that weighs on SPLS a bit more heavy than on its peers.
    | May 18, 2012, 12:32 PM
  • May 16, 2012, 10:12 AM
    Shares of OfficeMax (OMX +2.9%) and Office Depot (ODP +1.1%) shrug off a sluggish report (I, II) from rival Staples to trade higher. The pair of companies have a lighter exposure to Europe, possibly helping tip investor sentiment back their way from SPLS.
    | May 16, 2012, 10:12 AM
  • May 8, 2012, 8:31 AM

    Shares of OfficeMax (OMX) shoot down 6.2% premarket after the company's Q1 beats estimates on cost-cutting moves, but highlights the bleak prospect for growth for the office supply chain.

    | May 8, 2012, 8:31 AM
  • May 8, 2012, 8:22 AM
    OfficeMax (OMX): Q1 EPS of $0.23 beats by $0.07. Revenue of $1.87B (+0.5% Y/Y) in-line. (PR)
    | May 8, 2012, 8:22 AM
Company Description
OfficeMax is a leader in both business-to-business and retail office products distribution. We provide office supplies and paper, print and document services, technology products and solutions and office furniture to large, medium and small businesses, government offices and consumers. OfficeMax... More
Sector: Services
Industry: Specialty Retail, Other
Country: United States