Zane Brock's questions to ODP Corp (ODP) leadership • Q4 2024
Question
Zane Brock, on for Michael Lasser, asked about ODP's growth and market share expectations for the core B2B office supplies market in the coming year. He also questioned whether B2B growth benefits would fully offset the expected deterioration in the B2C segment, the minimum required CapEx for the B2C business, and the company's exposure to the Federal Government.
Answer
CEO Gerry Smith responded that the traditional office supply sector is experiencing macro declines and is highly fragmented, making market share difficult to gauge. He expressed confidence that growth in new segments like hospitality and 3PL is expected to offset the optimization of the retail business over time. Smith also clarified that the company's exposure to the Federal Government is not significant and does not have a huge impact on the business.