More on Office Depot's Q2

|About: Office Depot Inc. (ODP)|By:, SA News Editor

Office Depot (NYSE:ODP) reports consolidated same-store sales fell 3% Y/Y in Q2.

Gross margin rate improved 40 bps to 23.0% during the period.

The company ended the period with a total of 1,870 retail stores in its North American Retail Division, of which 1,067 were Office Depot stores and 803 were OfficeMax outlets.

ODP +2.7% premarket.