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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.
ACCO Brands Corporation (NYSE: ACCO) reported a 7.6% increase in net sales to $441.6 million for Q1 2022, with comparable sales up 11.2%. EPS improved to $(0.03) from $(0.21) year-over-year, while adjusted EPS rose 10% to $0.11.
The International segment saw strong growth, particularly in Brazil and Mexico. Although foreign exchange impacts reduced sales by 3.6%, overall performance exceeded expectations, bolstering the outlook for a record year ahead.
Kensington has launched the BlackBelt Rugged Case with Integrated Mobile Dock for Surface Pro 8, combining military-grade protection and enhanced connectivity. This innovative case features two 10Gbps USB 3.2 Gen2 ports, dedicated video ports supporting 4K outputs, and a built-in SD card reader. Designed in partnership with Microsoft, it offers full access to device functionalities while ensuring robust protection against drops and harsh chemicals. The product is backed by a two-year warranty, emphasizing Kensington's commitment to quality and user satisfaction.
ACCO Brands Corporation (NYSE: ACCO) plans to release its first quarter 2022 earnings after market close on April 26, 2022. A conference call and webcast are scheduled for April 27, 2022, at 8:30 a.m. EDT to discuss the results. Investors can access the webcast through the Investor Relations section of www.accobrands.com, where it will also be available for replay.
ACCO Brands Corporation (NYSE: ACCO) will participate in the Lytham Spring 2022 Investor Conference virtually from April 4-7, 2022. The company's presentation will be available at 11:00 a.m. EDT on April 4 via their Investor Relations page and on the Lytham Partners website. One-on-one meetings with investors are scheduled for April 5 and 6. ACCO Brands is a significant player in the branded consumer and business product sector, with a diverse portfolio available in over 100 countries.
ACCO Brands announced that its Quartet glass whiteboard products are now certified with UL GREENGUARD Gold Certification. This certification indicates compliance with stringent third-party chemical emissions standards, reducing indoor air pollution.
The certification is particularly relevant as it addresses safety in environments like schools and healthcare facilities. Mark Seeley, Senior Product Manager, emphasized the increased demand for cleaner environments post-pandemic.
ACCO Brands Corporation (NYSE: ACCO) will participate in the Sidoti Spring 2022 Virtual Conference on March 24 at 12:15 p.m. EDT. The presentation will be accessible via the Investor Relations section on www.accobrands.com. Additionally, the company will host virtual one-on-one sessions with investors on March 23 and March 24. Registration for the presentation and sessions is free and open to all interested parties. ACCO Brands is recognized for its diverse portfolio of educational and business products sold globally.
ACCO Brands Corporation (NYSE: ACCO) announced the appointment of Deborah A. O’Connor as Executive Vice President and Chief Financial Officer, effective April 4, 2022. O’Connor brings extensive financial experience from her previous roles at True Value Company and Office Max/Office Depot. She will succeed Neal Fenwick, who is retiring in August 2022 after a long tenure with the company. The transition aims to support ACCO's growth and transformation strategy towards a technology-centric approach.
ACCO Brands Corporation (NYSE: ACCO) will participate in BofA’s 2022 Consumer and Retail Technology Conference on March 8 at 1:00 p.m. EST. The event will feature a fireside chat format and will be webcasted, accessible via ACCO's Investor Relations page or the conference link. A replay will be available within 24 hours after the live event and will be accessible until June 7, 2022. ACCO Brands is a leading designer and manufacturer of branded products sold in over 100 countries.
ACCO Brands Corporation (NYSE: ACCO) has appointed Gina Boswell to its Board of Directors. Boswell brings extensive experience from her role as President, Customer Development for Unilever U.S.A. and previous leadership positions at major consumer products companies. Chairman and CEO Boris Elisman expressed confidence in her ability to contribute to the company's transformation towards a more consumer-focused and technology-driven approach. ACCO Brands is recognized for its wide array of branded academic, consumer, and business products sold globally.
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