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Office Depot, Inc. (ODP) CEO Gerry Smith on Q1 2020 Results - Earnings Call Transcript

May 06, 2020 4:14 PM ETThe ODP Corporation (ODP)
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Office Depot, Inc. (NASDAQ:ODP) Q1 2020 Earnings Conference Call May 6, 2020 9:00 AM ET

Company Participants

Tim Perrott - Vice President of Investor Relations

Gerry Smith - Chief Executive Officer and Director

David Centrella - SVP of Financial Planning and Analysis and Interim Finance Leader

Conference Call Participants

Chris McGinnis - Sidoti & Company

Liz Suzuki - Bank of America

William Kafoure - Elevation

Chris Horvers - JP Morgan

Michael Lasser - UBS


Good morning and welcome to the Office Depot's First Quarter 2020 Earnings Conference Call. All lines will be on a listen-only mode for today's call, after which instructions will be given in order to ask a question. At the request of Office Depot, today's call is being recorded.

I would like to introduce Tim Perrott, Vice President of Investor Relations. Mr. Perrott, you may now begin.

Tim Perrott

Good morning and thank you for joining us for Office Depot's first quarter 2020 earnings conference call. This is Tim Perrott and I'm here with Gerry Smith, our CEO. I am also joined by David Centrella, our Senior Vice President of Financial Planning and Analysis and Interim Finance Leader who will provide additional details on our financial results.

During today's call, Gerry will provide an update on the business, focusing much of his commentary on our operations in the first quarter and the impacts to our business from the COVID-19 pandemic, as well as discuss the strength of our financial position and our strategy to address the challenges posed by this health crisis, including actions we are taking to ensure business continuity. David will then review the company's financial results for the quarter, including our divisional performance. And following David's comments, Gerry will have some closing remarks and then we'll open up the call for your questions.

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