Office Depot Continues to Struggle, Stock down ~26% This Year
Year-to-date, Office Depot stock had fallen ~26% as of July 13, to $2.62. In comparison, Best Buy (BBY) and Costco (COST) have risen 10.8% and 16.3%, respectively, and Genuine Parts (GPC) has fallen 1.9%. Office Depot’s retail division continues to face troubles.