ACCO
ACCO Brands Corporation3.7700
-0.0200-0.53%
Dec 16, 4:00:03 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
339.81MP/E (TTM)
8.98Basic EPS (TTM)
0.42Dividend Yield
0.08%Recent Filings
10-Q
8-K
Q3 sales down 8.8%, margins up
ACCO Brands reported Q3 net sales of $383.7 million, down 8.8% from prior year amid soft global demand, yet expanded gross margin by 50 basis points through cost discipline. Adjusted EPS hit $0.21, matching outlook, with multi-year program delivering over $50 million in savings. Sales trends improve Q4. Leverage sits at 4.1x.
10-Q
Q2 FY2025 results
ACCO Brands swung to profitability in Q2 FY2025 ended June 30, 2025, posting $394.8M net sales—down 9.9% y/y from $438.3M—yet delivering $33.0M operating income versus a $111.2M loss, thanks to no repeat of last year's $165.2M impairment and a $6.9M gain on asset sales. Gross margin slipped to 32.9% from 34.8% amid volume drops and tariff hits, while y/y diluted EPS improved to $0.31 from -$1.29, reconciling cleanly with 93.1M shares. The $10.1M Buro Acquisition in February bolstered International seating, adding $4.2M goodwill and $5.8M intangibles over 9-20 years. Cash climbed to $133.3M with $206.8M revolver availability, total debt at $987.3M (leverage 4.29x), and free cash flow not disclosed in the 10-Q. Restructuring drove $11.7M YTD costs for $100M savings target. Tariffs remain a drag on demand.
8-K
ACCO Brands Q2 2025 net sales declined 9.9% to $394.8 million amid tariff impacts and weak demand, with adjusted operating income at $47.1 million. Net income was $0.31 per share versus a prior-year loss. Full-year sales outlook: down 7.0%-8.5%; adjusted EPS $0.83-$0.90.
ACCO Brands Corporation reported Q2 2025 results with net sales of $394.8 million, down 9.9% from $438.3 million in Q2 2024, due to tariff disruptions and softer demand, partially offset by favorable foreign exchange. Net income was $29.2 million ($0.31 per share), compared to a $125.2 million loss in 2024, driven by prior-year impairments. Adjusted operating income was $47.1 million, down from $64.6 million, reflecting lower sales but cost savings. For the six months, net sales fell 10.7% to $712.2 million, with net income of $16.0 million ($0.17 per share) versus a $131.5 million loss. The company expects full-year 2025 sales down 7.0%-8.5% and adjusted EPS of $0.83-$0.90, with Q3 sales down 5.0%-8.0% and adjusted EPS of $0.21-$0.24. A quarterly dividend of $0.075 per share was declared.
8-K
New General Counsel appointed
ACCO Brands Corporation announced the appointment of Kathryn D. Ingraham as Senior Vice President, General Counsel, and Corporate Secretary, effective August 4, 2025, succeeding Pamela R. Schneider, who is retiring after serving in the role. Schneider's resignation was accepted by the board on June 27, 2025. She will stay on until September 30, 2025, to ensure a seamless handover. This leadership transition maintains continuity in legal oversight.
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