$The ODP (ODP.US)$Revenue has generally declined in the past...
$The ODP(ODP.US$Revenue has generally declined in the past 5 years, with the exception of 2018. In 5 years, it fell from 11 billion to 8.49 billion, and operating profit also fell from 333 million to 242 million. Net profit was affected by restructuring, mergers, acquisitions and write-offs, and continued to lose significantly in 2020 and 2021, and the loss was only reversed in 2022.
Revenue continued to decline by 3.2% in 2023Q1. Operating profit increased by 25.3% due to lower costs and operating expenses, and net profit increased by 30.9%.
Currently, the price-earnings ratio is 14.3, and the price-earnings ratio has dropped slightly to 12.1. You can observe a few more quarters before making a judgment.
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