Portland, Ore. Office Depot affirmed that it expects operating profit for its international division will rise in 2010 over last year's results.
The company also said in a regulatory filing that overseas operating profit should be higher in the first half of this year than in the same period in 2009.
In April, Office Depot reported first-quarter results that missed Wall Street expectations and forecast an operating loss in the second quarter. The company has been undergoing a restructuring as it deals with weak sales in the United States, brought on by the recession.
Quarterly international sales rose 2% to $894 million, though fell 5% in local currency.
The office-products sector as a whole has been pressured as both consumers and small businesses cut back on non-necessities but there have been signs that that is easing.