Welcome to our dedicated page for Acco Brands Corporation news (Ticker: ACCO), a resource for investors and traders seeking the latest updates and insights on Acco Brands Corporation stock.
Acco Brands Corporation (NYSE: ACCO) is one of the world's largest suppliers of branded office products. With a robust portfolio of industry-leading brands such as AT-A-GLANCE®, Five Star®, Kensington®, Mead®, Swingline®, and many others, Acco Brands generates nearly $1.8 billion in annual revenue and markets its products in over 100 countries. The company operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International, offering a wide range of products including school notebooks, janitorial supplies, whiteboards, storage and organization products, and computer accessories.
Recent achievements include the launch of innovative Kensington docking stations that support the latest USB-C laptops, a multi-year cost savings program projected to save $60 million annually, and the introduction of the PowerA Lumectra RGB technology for Nintendo Switch controllers. Acco Brands is committed to enhancing shareholder value through continuous innovation, strategic cost reductions, and a strong focus on new product development.
Acco Brands is also dedicated to building a winning culture for its employees, providing global career opportunities in a dynamic and results-oriented environment. The company's financial health is reinforced by a significant improvement in operating cash flow and a reduced debt leverage ratio, demonstrating its resilience in overcoming market challenges.
For more information, visit www.accobrands.com or follow the company on their social media platforms.
PowerA announced the launch of its Spectra Infinity Enhanced Wired Controller for Xbox Series X|S on June 29, 2021, priced at $44.99. This controller features thousands of customizable color combinations with 20 colors, offering pro-style features such as mappable buttons, trigger locks, and dual rumble motors. Additional functionalities include a 3.5mm audio jack, a new volume dial, and a share button for easy communication and gameplay sharing. The product is backed by a two-year limited warranty and is available at major retailers globally.
ACCO Brands Corporation (NYSE: ACCO) will participate in Noble Capital Markets’ Virtual Road Show on June 29, 2021, at 1 p.m. EDT. The event features a presentation by Boris Elisman, Chairman and CEO, followed by a Q&A session led by Noble Senior Research Analyst Joe Gomes. Registration is free for investors and can be accessed via ACCO's website or Channelchek.com. The recorded presentation will also be available for later viewing on both platforms.
Derwent has launched its new Chromaflow colour pencils, designed with rich pigments for vibrant application. Available in sets of 12 ($24.99 MSRP) and 24 ($49.99 MSRP), they can be purchased at DerwentArt.com, Blick Art Materials, and Amazon. Built with a strong 3.5 mm core, these pencils promise durability and lesser breakage, enhancing the user experience. Each set is crafted with quality assurance, reflecting Derwent's long-standing craftsmanship since 1832. The product targets budding artists returning to school, emphasizing affordability without compromising quality.
ACCO Brands Corporation (NYSE: ACCO) announces its participation in the virtual 2021 East Coast IDEAS Investor Conference. The management's presentation is scheduled for June 16 at 8:00 a.m. EDT. Investors can access the webcast via the company's Investor Relations page or the conference website, and it will be archived for 90 days post-event. As a major player in designing and manufacturing consumer and business products, ACCO Brands boasts a portfolio of well-known brands sold in over 100 countries worldwide.
PowerA has launched the FUSION Pro 2 Wired Controller for Xbox Series X|S, aimed at enhancing the interactive gaming experience. Priced at $89.99, this advanced controller features customizable components such as swappable thumbsticks and paddles, enabling users to tailor gameplay. Notable features include a Mappable Pro Pack, three-way trigger locks, and dual rumble motors for immersive play. Additionally, it offers a comfortable grip for extended use and comes with a protective case. All products are backed by a two-year limited warranty.
ACCO Brands Corporation (NYSE: ACCO) announced a quarterly cash dividend of $0.065 per share, to be paid on June 21, 2021. This dividend will benefit stockholders of record as of the close of business on May 27, 2021. ACCO Brands is recognized as one of the largest designers and manufacturers of branded academic, consumer, and business products, offering renowned brands like AT-A-GLANCE® and Swingline®. The company operates globally, with products sold in over 100 countries.
ACCO Brands Corporation (NYSE: ACCO) reported first quarter results for the period ending March 31, 2021. Net sales rose 7% to $411 million, aided by the PowerA acquisition, despite a 13.5% decline in comparable sales due to COVID-19 impacts. EPS reported was $(0.21), down from $0.08 last year. The company experienced an operating loss of $1.1 million, affected by increased costs and restructuring. However, EMEA showed strong growth, with sales increasing 23.1%. The outlook for Q2 anticipates sales between $460 million and $490 million, driven by PowerA.
ACCO Brands Corporation (NYSE: ACCO) announced with great sadness the unexpected passing of director James A. Buzzard on April 9, 2021. Mr. Buzzard had been a member of the Board since 2012 and served as the lead independent director since 2017. CEO Boris Elisman expressed condolences, highlighting Buzzard's outstanding contributions as a director, leader, and mentor. ACCO Brands is a leading designer and manufacturer of branded products, selling in over 100 countries, with a diverse portfolio of well-known brands.
ACCO Brands Corporation (NYSE: ACCO) will release its first quarter 2021 earnings on April 27, 2021, after market close. Investors can join a conference call and webcast on April 28 at 8:30 a.m. EDT to discuss the results. ACCO is a leading designer and manufacturer of branded academic, consumer, and business products, with renowned brands sold in over 100 countries. For more information, visit www.accobrands.com.
ACCO Brands Corporation (NYSE: ACCO) announced its participation in the Sidoti Spring 2021 Virtual Conference, with a presentation set for March 24 at 1:00 p.m. EDT. The event aims to provide insights into the company’s performance and strategic initiatives. Investors can access the presentation through the Investor Relations section of www.accobrands.com or via a direct link. The presentation will be available for 90 days post-event, ensuring broader access to company updates for stakeholders.
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