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Acco Brands Corp - ACCO STOCK NEWS

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ACCO Brands Corporation (NYSE: ACCO) stands as one of the world’s leading suppliers of branded office, school, and consumer products, with a history of innovation and industry leadership. Headquartered in Lake Zurich, Illinois, ACCO designs, manufactures, and markets a diverse range of products that cater to the needs of students, professionals, and organizations across more than 100 countries. The company operates through two primary segments: ACCO Brands Americas and ACCO Brands International, with the Americas segment driving the majority of its revenue.

Comprehensive Product Portfolio

ACCO Brands offers a wide array of products under its iconic and trusted brands, including Five Star®, Kensington®, Mead®, Swingline®, and AT-A-GLANCE®. These products span categories such as school notebooks, planners, computer accessories, storage and organization tools, whiteboards, and janitorial supplies. By addressing the needs of both traditional and modern consumers, ACCO has positioned itself as a versatile player in the office and school supplies industry.

Innovative Business Model and Revenue Streams

ACCO generates revenue primarily through direct product sales, leveraging a multi-channel distribution strategy that includes mass retailers, e-tailers, discount chains, and warehouse clubs. The company’s ability to adapt to evolving consumer demands is evident in its integration of technology into traditional products, such as the Five Star Study App, which bridges the gap between analog and digital learning tools. This focus on innovation ensures ACCO remains relevant in a competitive and digitizing marketplace.

Market Position and Competitive Strength

Operating in a highly competitive landscape, ACCO differentiates itself through its strong brand portfolio, global reach, and commitment to quality. Competitors such as 3M and Avery Dennison challenge ACCO, but its emphasis on customer-centric solutions and continuous product development solidifies its market position. For example, the company’s efforts to enhance the academic experience for students through digital-compatible products demonstrate its forward-thinking approach.

Commitment to Sustainability and Employee Culture

Beyond its product offerings, ACCO Brands is dedicated to building a sustainable and inclusive business. The company actively fosters a results-oriented culture for its employees, offering global career opportunities in a dynamic and fast-paced environment. ACCO’s commitment to sustainability is reflected in its efforts to minimize environmental impact while delivering value to shareholders and customers alike.

Future Outlook

As the demand for innovative and hybrid solutions grows, ACCO Brands is well-positioned to capitalize on emerging trends in education, work, and lifestyle products. By continually enhancing its product portfolio and integrating technology, the company aims to maintain its relevance and drive long-term growth in the office and consumer products industry.

In summary, ACCO Brands Corporation combines a legacy of trusted brands with a forward-looking approach to innovation, making it a significant player in the global office and school supplies market. Its ability to adapt to changing consumer needs while maintaining a strong commitment to quality and sustainability underscores its enduring value proposition.

Rhea-AI Summary
ACCO Brands Corporation (ACCO) reported net sales of $494 million, with gross margin expanding 450 basis points. Operating income of $55 million, flat to prior year; adjusted operating income of $66 million grew 14% year over year. EPS of $0.27; adjusted EPS of $0.38, above Company's outlook. Net operating cash outflow improved $59 million year to date driven by improved working capital management. Maintains full year 2023 adjusted EPS outlook of $1.08 to $1.12. Raises full year 2023 free cash flow outlook to at least $110 million. Lowered end of year consolidated leverage ratio outlook.
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Five Star® (FIVE) Enhances Study App with New Product Compatibility and Organization Features
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ACCO Brands Corporation (NYSE: ACCO) Declares Quarterly Cash Dividend of $0.075 per Share
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ACCO Brands Corporation (NYSE: ACCO) to Release Second Quarter 2023 Earnings on August 8, 2023
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Kensington has launched new docking stations, the SD5760T Thunderbolt™ 4 Dual 4K Docking Station and the SD4810P USB-C® 5Gbps Triple Video Driverless Dock, enhancing productivity for professionals. The SD5760T supports data transfer rates of up to 40Gbps, daisy chaining for SSDs and monitors, and offers multiple connectivity options. It provides up to 96W power delivery and supports dual 4K displays. The SD4810P, suitable for Windows laptops, delivers up to 5Gbps and supports three external monitors. Kensington also introduced a CH1200 USB-C® 10Gbps 4-Port Hub and a CA1020 USB-A to USB-C® Adapter, both facilitating seamless connectivity for various devices. All products are designed to meet the needs of remote and hybrid work environments, promising enhanced usability and productivity.

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ACCO Brands Corporation (NYSE: ACCO) has announced the release date for its first quarter 2023 earnings, set for May 4, 2023, after market close. The company will follow up with a conference call and webcast to discuss these results on May 5 at 8:30 a.m. EST. Investors can access the webcast through the Investor Relations section of their website, where it will also be available for replay.

ACCO Brands specializes in designing and marketing various consumer products under well-known brands such as AT-A-GLANCE®, Five Star®, and Kensington®. For more information, visit their website.

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FAQ

What is the current stock price of Acco Brands (ACCO)?

The current stock price of Acco Brands (ACCO) is $4.67 as of February 28, 2025.

What is the market cap of Acco Brands (ACCO)?

The market cap of Acco Brands (ACCO) is approximately 431.0M.

What does ACCO Brands Corporation do?

ACCO Brands designs, manufactures, and markets branded office, school, and consumer products, serving customers worldwide through trusted brands like Five Star®, Kensington®, and Swingline®.

How does ACCO Brands generate revenue?

The company generates revenue through direct product sales, utilizing a multi-channel distribution strategy that includes mass retailers, e-tailers, and warehouse clubs.

What are ACCO Brands' key product categories?

ACCO offers products like school notebooks, planners, computer accessories, storage and organization tools, whiteboards, and janitorial supplies.

How does ACCO Brands stay competitive in a digital age?

ACCO integrates technology into its products, such as the Five Star Study App, which combines traditional learning tools with digital capabilities to meet modern consumer demands.

What is ACCO Brands' market position?

ACCO Brands is a significant player in the global office and school supplies market, leveraging a strong portfolio of iconic brands and a commitment to innovation.

Who are ACCO Brands' main competitors?

ACCO competes with companies like 3M and Avery Dennison, differentiating itself through its trusted brands, global reach, and customer-centric innovations.

What is ACCO Brands' approach to sustainability?

ACCO Brands is committed to minimizing its environmental impact while delivering high-quality products and fostering a sustainable business model.

What career opportunities does ACCO Brands offer?

ACCO provides global career opportunities in a dynamic, results-oriented environment, emphasizing employee growth and development across various disciplines.
Acco Brands Corp

NYSE:ACCO

ACCO Rankings

ACCO Stock Data

430.97M
89.17M
3.36%
83.31%
2.65%
Business Equipment & Supplies
Blankbooks, Looseleaf Binders & Bookbindg & Relatd Work
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United States
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