The ODP Corporation (ODP) Q3 2024 Earnings Call Transcript

The ODP Corporation (NASDAQ:ODP) Q3 2024 Earnings Call Transcript November 6, 2024 9:00 AM ET

Company Participants

Tim Perrott – Vice President, Investor Relations
Gerry Smith – Chief Executive Officer
Max Hood – SVP Chief Accounting Officer and Controller
Adam Haggard – SVP Planning and Analysis

Conference Call Participants

Michael Lasser – UBS
Greg Burns – Sidoti
Joe Gomes – Noble Capital

Operator

Good morning and welcome to The ODP Corporation’s Third Quarter 2024 Earnings Conference Call. All lines will be on a listen-only mode for today’s call. [Operator Instructions] At the request of the ODP Corporation, today’s call is being recorded. I would 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 third quarter 2024 earnings conference call. This is Tim Perrott, and I’m here with Gerry Smith, our CEO. Also joining us on call the today is Max Hood, our Chief Accounting Officer and Co Interim CEO and Adam Haggard, our Senior Vice President of FP&A and Co Interim CFO.

During today’s call, Gerry will provide an update on the business, focusing much of his commentary on our results and accomplishments for the third quarter of 2024, including the progress we are making on B2B pivot and initiatives to drive shareholder value. After Gerry’s commentary, Max will then review the company’s third quarter financial results, including highlights of our divisional performance. Followed by Adam who will highlight our balance sheet and outlook. Following comments, we will open up the line for questions.

Before we begin, I’d 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