The ODP Corporation (NASDAQ:ODP) saw its stock price surge 8.32% in pre-market trading on Wednesday following the release of its second-quarter 2025 financial results. The office supply retailer significantly outperformed analyst expectations, despite facing challenging market conditions.
ODP reported an adjusted earnings per share (EPS) of $0.51 for the quarter, beating the analyst consensus estimate of $0.36 by an impressive 40.5%. This strong performance came despite a slight decrease from the $0.56 per share reported in the same period last year. The company's quarterly sales reached $1.59 billion, meeting analyst expectations but representing a 7.63% decrease compared to the $1.72 billion recorded in the previous year.
Other key financial metrics underscored ODP's resilience in a tough retail environment. The company posted an adjusted operating income of $25 million and an adjusted EBITDA of $47 million. While these figures indicate a year-over-year decline, they demonstrate ODP's ability to maintain profitability amid market pressures. Looking ahead, ODP management expressed optimism for the second half of 2025, expecting continued improvement in performance driven by top-line trend improvements and ongoing operational efficiencies.