More on Office Depot (ODP): North American Retail revenue down 8% Y/Y to $994M, with lower sales...

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

More on Office Depot (ODP): North American Retail revenue down 8% Y/Y to $994M, with lower sales and promotional activity flowing through. North American Business Solutions sales fell 1% to $796M, as large account business improved to partially offset a drop in public sector sales. Lowered expenses by $6M, helping to improve total gross profit margin by 40 bp. (PR)