UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): August 3, 2016
Commission file number 1-10948
OFFICE DEPOT, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 59-2663954 | |
| (State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) | |
| 6600 North Military Trail, Boca Raton, FL | 33496 | |
| (Address of principal executive offices) | (Zip Code) | |
(561) 438-4800
(Registrant’s telephone number, including area code)
Former name or former address, if changed since last report: N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
Office Depot, Inc. (the “Company”) issued an earnings release on August 3, 2016, announcing its financial results for the second quarter ended June 25, 2016. A copy of the earnings release is furnished as Exhibit 99.1 to this Current Report.
The information furnished in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
ITEM 7.01. REGULATION OF FD DISCLOSURE
On August 3, 2016, the Company announced that its Board of Directors (the “Board”) has declared an initial quarterly cash dividend on the Company’s common stock of $0.025 per share, payable on September 15, 2016, to shareholders of record at the close of business on August 25, 2016. The Company’s August 3, 2016 press release announcing the declaration of the dividend, a copy of which is attached hereto as Exhibit 99.2, is incorporated herein by reference.
Also on August 3, 2016, the Company announced that it intends to call its 9.75% Senior Secured Notes due 2019 (the “Notes”) for redemption on September 15, 2016. The Notes will be redeemed for cash at a price equal to 104.875% of the principal amount of the Notes plus accrued and unpaid interest up to, but excluding, the redemption date. The aggregate principal outstanding of the Notes is $250,000,000. The Company’s August 3, 2016 press release announcing the redemption of the Notes, a copy of which is attached hereto as Exhibit 99.3, is incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
| Exhibit 99.1 | Earnings release of Office Depot, Inc. dated August 3, 2016. | |
| Exhibit 99.2 | Press release of Office Depot, Inc., dated August 3, 2016. | |
| Exhibit 99.3 | Press release of Office Depot, Inc., dated August 3, 2016. | |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| OFFICE DEPOT, INC. | ||||
| Date: August 3, 2016 | /s/ ELISA D. GARCIA C. | |||
| Elisa D. Garcia C. | ||||
| Executive Vice President, | ||||
| Chief Legal Officer and Corporate Secretary | ||||
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EXHIBIT INDEX
| Exhibit 99.1 | Earnings release of Office Depot, Inc. dated August 3, 2016. | |
| Exhibit 99.2 | Press release of Office Depot, Inc., dated August 3, 2016. | |
| Exhibit 99.3 | Press release of Office Depot, Inc., dated August 3, 2016. | |
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