Office Depot Inc Investor Relations Overview and SEC Action

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Office Depot Inc's investor relations are managed by a dedicated team that provides information to investors, analysts, and other stakeholders. They offer a comprehensive overview of the company's financial performance, business strategy, and growth prospects.

The company's investor relations website is a valuable resource for investors, featuring quarterly earnings releases, annual reports, and other financial information. This information is essential for making informed investment decisions.

Office Depot Inc is committed to transparency and compliance with all relevant regulations, including those set by the Securities and Exchange Commission (SEC). This commitment is evident in the company's consistent filing of timely and accurate reports with the SEC.

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Office Depot News

Office Depot's investor relations team is led by experienced professionals like Tim Perrott, the Vice President of Investor Relations.

On February 26, 2020, Office Depot held its Fourth Quarter and Full Year 2019 Earnings Conference Call, which was recorded at the company's request.

The call started at 9:00 a.m. ET, providing an opportunity for investors and analysts to ask questions and gain insights into the company's financial performance.

Office Depot's earnings call for the period ending December 28, 2019, was a significant event that offered a glimpse into the company's financial health.

SEC Enforcement Action Under Regulation FD

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Office Depot Inc. has faced SEC enforcement actions under Regulation FD, which requires companies to disclose material information to all investors at the same time. This regulation aims to prevent selective disclosure of information to certain investors.

The SEC investigated Office Depot Inc. for allegedly violating Regulation FD by disclosing material nonpublic information to a select group of investors. The company ultimately settled the charges and paid a $1 million penalty.

Regulation FD requires companies to disclose material information through a public channel, such as a press release or a filing with the SEC. This ensures that all investors have access to the same information at the same time.

Office Depot Inc. has also been required to implement a compliance program to ensure future compliance with Regulation FD.

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Investor Relations

Office Depot has named Timothy J. Perrott as its new Vice President of Investor Relations, bringing over two decades of experience to the role.

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Perrott will oversee the development and execution of Office Depot's investor relations strategy, and lead the dialogue with the investment and analyst community about the company's business strategies and financial performance. He will report directly to Joe Lower, EVP and Chief Financial Officer.

Perrott joins Office Depot from CommandScape, a building services technology company, where he served as CFO and Head of Investor Relations.

Perrott Joins

Timothy J. Perrott has joined Office Depot as Vice President of Investor Relations. He will oversee the development and execution of the company's investor relations strategy.

Perrott brings over two decades of investor relations experience to the role. He has a proven track record of building strong relationships with the investment community.

Perrott joins Office Depot from CommandScape, where he served as CFO and Head of Investor Relations. He has also held positions at ADT Security Services, Nextel International, and Gilat Satellite & Orbital Sciences.

Perrott holds a Master of Business Administration from the College of William and Mary and a Bachelor of Electrical Engineering from Auburn University.

Office Depot Reschedules Q3 2012 Earnings and Call

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Office Depot rescheduled its third quarter 2012 earnings announcement due to expected severe weather conditions.

The announcement was originally set for October 30, 2012, but was pushed back to November 6, 2012. This change was made to accommodate the expected weather conditions associated with Hurricane Sandy.

To discuss the results, a conference call was scheduled for November 6, 2012 at 9:00 a.m. Eastern Time. This is a change from the original time of 9:00 a.m. EDT.

The conference call will be available via webcast on Office Depot's Investor Relations website.

Prepared Remarks:

As an investor, you want to make informed decisions about your investments, and that's where investor relations comes in. Investor relations is a critical function that helps companies communicate with their investors and stakeholders.

A well-functioning investor relations team can provide timely and accurate information to investors, which can help to build trust and credibility. This can include quarterly earnings reports, annual reports, and other financial information.

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Investors often look to investor relations teams to provide insights into a company's future prospects and growth potential. By doing so, investor relations teams can help to manage investor expectations and reduce volatility in the market.

Companies can also use investor relations to share their vision and strategy with investors, which can help to align their interests and build a loyal following. This can include updates on new products, services, and initiatives.

Investors want to know that a company is transparent and accountable, and investor relations can help to provide that assurance. By being open and honest about their financial performance and other business activities, companies can build trust with their investors.

Anne Wiegand

Writer

Anne Wiegand is a seasoned writer with a passion for sharing insightful commentary on the world of finance. With a keen eye for detail and a knack for breaking down complex topics, Anne has established herself as a trusted voice in the industry. Her articles on "Gold Chart" and "Mining Stocks" have been well-received by readers and industry professionals alike, offering a unique perspective on market trends and investment opportunities.

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