CSIMarket
 

The Odp Corporation  (ODP)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail

The Odp's

Competitiveness


 

ODP Sales vs. its Competitors Q3 2023



Comparing the current results to its competitors, The Odp reported Revenue decrease in the 3 quarter 2023 year on year by -7.5 %, slower than the combined decrease of the ODP's competitors by -65.17 %, recorded in the same quarter.

List of ODP Competitors

With a net margin of 3.48 % The Odp achieved higher profitability than its competitors.

More on ODP Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


The Odp CorporationNet Income in the 3 quarter 2023 grew year on year by 4.48%, while most of its competitors have experienced a contraction in net income by -72.74 %.

<<  ODP Stock Performance Comparisons


The Odp's Comment on Competitors and Industry Peers


We operate in a highly competitive environment in all three Divisions. We compete with office supply stores, wholesale clubs, discount stores, mass merchandisers, Internet-based companies, food and drug stores, computer and electronics superstores and direct marketing companies. These companies, in varying degrees, compete with us in substantially all of our current markets. Increased competition in the office products markets, together with increased advertising, has heightened price awareness among end-users. Such heightened price awareness has led to margin pressure on office products and impacted our results. In addition to price, competition is also based on customer service, the quality and breadth of product selection and convenient locations. Other office supply retail companies market similarly to us in terms of store format, pricing strategy, product selection and product availability in the markets where we operate, primarily those in the United States. Some of our competitors are larger than us and have greater financial resources, which affords them greater purchasing power, increased financial flexibility and more capital resources for expansion and improvement, which may enable them to compete more effectively. We anticipate that in the future we will continue to face competition from these companies.

We believe our customer service and the efficiency and convenience for our customers from our combined contract and retail distribution channels helps our North American Business Solutions Division to compete with other business-to-business office products distributors. Our ability to network our distribution centers into an integrated system enables us to serve large national accounts that rely on us to deliver consistent products, prices and services to multiple locations, and to meet the needs of medium and small businesses at a competitive cost.

We believe our North American Retail Division segment competes based on the quality of our customer service, our store formats, the breadth and depth of our merchandise offering and our pricing.

Internationally, we compete on a similar basis to North America. Our International Division sells through contract and catalog channels and operates retail stores in 18 countries. Additionally, our International Division provides office products and services in another 37 countries through joint ventures, licensing and franchise agreements, cross-border transactions, alliances and other arrangements.





  

Overall company Market Share Q3 2023

despite revenue deterioration, The Odp increased its market share in this segment.

company increased its market share in this segment to approximately 63.09 %.


<<  More on ODP Market Share.
 
*Market share is calculated based on total revenue.





Who are The Odp Corporation's Competitors?




Genuine Parts Co
Share Performance



+13.15%
This Quarter



Genuine Parts Co
Profile

Genuine Parts Co is a distributor of automotive and industrial replacement parts, operating through multiple divisions for various markets. Their business model revolves around sourcing and procuring quality parts from suppliers and efficiently distributing them through an extensive network of stores to meet the demands of both retail customers and professional repair shops.

More about Genuine Parts Co's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 22,938.048 mill. $ 1,256.142 mill.


Leggett and Platt Inc
Share Performance



-5.01%
Over The Past 5 Days



Leggett and Platt Inc
Profile

Leggett and Platt Inc operates as a diversified manufacturer that designs and produces a range of engineered components and products for various industries such as bedding, furniture, automotive, and aerospace, among others. Their business model focuses on providing innovative solutions and strategic partnerships, leveraging their expertise in engineering and manufacturing to deliver high-quality products to meet customer needs and drive long-term growth.

More about Leggett and Platt Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,518.488 mill. $ 4,724.800 mill. $ -136.800 mill.



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com