The ODP Corporation (ODP) Q3 2024 Earnings Call Transcript Summary
The ODP Corporation (ODP) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the The ODP Corporation (ODP) Q3 2024 Earnings Call Transcript:
以下是歐迪辦公股份有限公司(ODP)2024年第三季度業績會交易簡報:
Financial Performance:
財務業績:
Q3 2024 revenue stood at $1.8 billion, a decrease of approximately 11% from the previous year, largely due to weaker performance in the Retail Division and lower volume in B2B sales.
GAAP operating income for Q3 2024 was $102 million, slightly down from $108 million in the previous year's quarter.
Adjusted EBITDA amounted to $62 million in Q3, a significant drop from $138 million in the year-ago quarter.
2024年第三季度營業收入爲18億美元,較去年同期大約下降11%,主要是由於零售部門表現較弱以及B20億銷售額下降。
2024年第三季度GAAP營業利潤爲10200萬美元,略低於前一年同期的10800萬美元。
第三季度調整後的EBITDA爲6200萬美元,較去年同期的13800萬美元大幅下降。
Business Progress:
業務進展:
ODP is making substantial progress in pivoting towards B2B services, securing key contracts and expanding into high-value industry sectors.
Announced a transformative B2B contract worth up to $1.5 billion over 10 years, showcasing a major win for the company.
Streamlined operations through the sale of the Varis Division, reducing capital commitments and retaining a minority stake for potential future benefits.
歐迪辦公正在積極轉向B20億服務,簽訂重要合同並擴展到高價值行業領域。
宣佈了一項具有影響力的B20億合同,價值高達15億美元,爲公司取得的一項重大勝利。
通過出售Varis Division來簡化業務,減少資本投入並保留少數股權以獲取未來潛在利益。
Opportunities:
機會:
With an intentional shift towards B2B, ODP is exploring growth in non-traditional industry segments like hospitality, leveraging its core supply and distribution capabilities.
Investments in technology, infrastructure, and new market opportunities such as partnerships with large e-commerce platforms and expanding into adjacent industry segments.
歐迪辦公有意向向B20億方向轉變,探索酒店等非傳統行業板塊的增長空間,並利用其核心供應和分銷能力。
投資於科技、基礎設施和新的市場機會,例如與大型電子商務平台合作並進軍相鄰的行業板塊。
Risks:
風險:
The B2B segment has faced challenges due to macroeconomic pressures, leading to reduced spending and intense competition during a tough back-to-school season.
Hurricanes notably impacted operations, causing disruptions and negatively affecting sales performance in affected regions.
B20億板塊面臨宏觀經濟壓力,導致在艱難的返校季節減少支出並面臨激烈競爭。
颶風明顯影響了業務,導致受災地區的運營中斷並對銷售業績產生負面影響。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。