Office Depot Inc. (NYSE: ODP) shares gained 12% as of 11 AM EDT regardless of the “south” trading direction in overall retail sector. The office-supplies chain left unchanged its full-year 2012 outlook at a Goldman Sacks Global Retailing Conference:
- The Company expects to achieve full-year 2012 adjusted EBIT in the $125 to $135 million range, an increase of approximately $5 to $10 million from 2011
- The Company also expects full-year 2012 free cash flow to be in the $80 to $100 million range from an operational perspective, an increase of approximately $10 to $30 million from 2011
Security details:
| Avg Vol (3 month) | Avg Vol (10 day) | Shares Outstanding | Float | % Held by Insiders | % Held by Institutions |
| 3,945,860 | 3,309,850 | 285.16M | 277.10M | 4.68% | 70.30% |
Shares Short: 29.20M
Short Ratio: 7.20
Short % of Float: 14.40%
Market stats:
| Market Cap | Enterprise Value | Trailing P/E | Forward P/E |
| 518.99M | 710.98M | 6.36 | 22.75 |
Investor Relations Department
Office Depot Inc.
6600 N. Military Trail
Boca Raton, FL 33496
Tel: 561-438-4800
Office Depot provides office supplies and services through 1,680 worldwide retail stores, a dedicated sales force, top-rated catalogs, and global e-commerce operations. Office Depot has annual sales of approximately $11.5 billion, employs about 39,000 associates, and serves customers in 60 countries around the world.