ODP - The ODP Corporation (ODP) Q1 2025 Earnings Call Transcript
2025-05-07 13:11:34 ET
The ODP Corporation (ODP)
Q1 2025 Earnings Conference Call
May 7, 2025 9:00 am ET
Corporate Participants
Tim Perrott - Vice President of Investor Relations and Treasurer
Gerry Smith - Chief Executive Officer
Max Hood - Senior Vice President, Co-Chief Financial Officer
Adam Haggard - Senior Vice President, Co-Chief Financial Officer
Conference Call Participants
Greg Burns - Sidoti
Michael Lasser - UBS
Joe Gomes - Noble Capital
Presentation
Operator
Good morning, and welcome to the ODP Corporation's First Quarter 2025 Earnings Conference Call. All lines will be on a listen-only mode for today's call, after which instructions will be given to ask a question. At the request of the ODP Corporation, today's call is being recorded.
I would now like to introduce Tim Perrott, Vice President, Investor Relations and Treasurer. Mr. Perrott, you may now begin.
Tim Perrott
Good morning and thank you for joining us for the ODP Corporation's first quarter 2025 earnings conference call. This is Tim Perrott, and I'm here with Gerry Smith, our CEO. Also joining us on the call today are Max Hood and Adam Haggard, our co-CFOs.
During today's call, Gerry will provide an update on the business, focusing much of his commentary on our results and accomplishments for the first quarter of 2025, including the progress we're making on our B2B pivot and our expansion into higher growth industry segments. After Gerry's commentary, Max will then review the company's results for the quarter, including highlights of our divisional performance, followed by Adam, who will highlight our balance sheet and comment on our go-forward plans.
Following our comments, we will open up the line for questions.
Before we begin, I need to inform you that certain comments made on this call include forward-looking statements, which are subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the company's current expectations concerning future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially. A detailed discussion of these risks and uncertainties are contained in the company's filings with the U.S. Security and Exchange Commission.
During the call, we will use some non-GAAP financial measures as we describe business performance. The SEC filings, as well as the earnings press release, presentation slides that accompany today's comments, and reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures are all available on our website at investor.theodpcorp.com. Today's call and slide presentation is being simulcast on our website and will be archived there for at least one year....
The ODP Corporation (ODP) Q1 2025 Earnings Call Transcript