Acco Brands Corp Stock Price, News & Analysis

ACCO Brands announced key leadership changes as part of its ongoing restructuring and cost savings program. Patrick Buchenroth, EVP and President of Americas, will depart on August 1, 2025. The Americas segment will be led by Jed Peters (SVP and President, North America) managing U.S. and Canada operations, and Rubens Passos (SVP) overseeing Latin American markets, effective July 1, 2025. Cezary Monko, EVP and President of International segment, will transition out by December 31, 2025, with AJ Spijkervet taking over as SVP and President, International from January 1, 2026. Spijkervet will manage operations in EMEA, Australia, New Zealand, Asia, and export markets. The changes aim to simplify operating structure, enhance customer proximity, and leverage global sourcing capabilities.

Kensington has launched a new line of privacy screen filters featuring Eyesafe RPF60 technology, combining data protection with advanced blue light filtration. The screens narrow the field of vision to ±30 degrees for privacy while filtering 60% of blue light in the 435-440 nanometer range. Developed with leading eye health professionals, these filters offer anti-reflective coating and maintain color accuracy without the yellow tint common in traditional blue light filters. The product targets computer workers, healthcare professionals, and financial advisers who require both privacy and eye comfort. The technology was specifically designed to address wavelengths identified by ANSI and ICNIRP as the most toxic in the blue spectrum, making it an innovative solution for modern workplace challenges.

PowerA, a leading gaming accessories manufacturer and official Nintendo partner, has announced its initial lineup of licensed accessories for the upcoming Nintendo Switch 2. The collection features innovative controllers equipped with Hall Effect sensors for improved precision and longevity, priced at $39.99. The lineup includes:

- Advantage Wired Controller with Hall Effect thumbsticks, mappable buttons, and GameChat features - Slim Case ($19.99) with built-in screen protector and storage for 10 game cards - Screen Protector 2-Pack ($12.99) with installation accessories

The products will be available in June 2025 through PowerA.com, Amazon, and major retailers. All accessories come with a two-year limited warranty, and PowerA is currently testing forward compatibility for existing Nintendo Switch accessories.

Kensington has launched new accessories for Microsoft Surface Pro 1st Edition 12", including the BlackBelt™ EQ Rugged Case, MagPro™ Elite Magnetic Privacy Screen, and Elevated Stand. The BlackBelt case features military-grade protection (MIL-STD-810H), uses 40% post-consumer recycled plastic, and includes a self-adjusting hand strap. The MagPro Elite privacy screen limits viewing angles to +/- 30 degrees and reduces blue light by 30%. The award-winning Elevated Stand, which won Microsoft's 2024 Designed for Surface Partner Award and 2025 Red Dot Award, enhances ergonomics and security. Kensington was named Partner of the Year in Microsoft's 2024 Designed for Surface Partner Awards. All products carry a two-year warranty and will be available soon in North America.

ACCO Brands (NYSE: ACCO) reported Q1 2025 results with net sales of $317.4 million, down 11.6% from prior year. The company posted a net loss of $13.2 million, or $(0.14) per share, with adjusted loss per share of $0.02. Key highlights include:

• Gross margins expanded 60 basis points with lower SG&A expenses
• Operating loss of $6.7 million vs $5.9 million income in 2024
• Net debt reduced by $35 million year over year
• Repurchased $15 million in stock and paid $6.8 million in dividends

The company's performance was impacted by softer global demand for office products and gaming accessories, partially offset by growth in computer accessories. Due to global trade uncertainties, ACCO is not providing full-year 2025 guidance but expects Q2 sales to decline 8-12% with adjusted EPS of $0.28-$0.32.

ACCO Brands (NYSE: ACCO) has announced a quarterly cash dividend declaration by its board of directors. The company will distribute a dividend of $0.075 per share to stockholders. The payment is scheduled for June 18, 2025, and shareholders must be on record by the close of business on May 23, 2025 to be eligible.

A recent study conducted by Vanson Bourne for Kensington reveals alarming statistics about device theft and its impact on businesses in the U.S. and Europe. 76% of IT decision-makers reported device theft incidents in the past two years, leading to significant consequences.

The survey of 1,000 IT decision-makers uncovered several impacts:

• 30% faced increased insurance costs
• 33% encountered legal/regulatory consequences
• 30% suffered financial losses from device replacement
• 32% experienced productivity disruption

Notably, 46% of participants reported data breaches due to unsecured devices. Organizations without security locks (60%) were more vulnerable to breaches compared to those using them (38%). The global average cost of a data breach reached $4.88 million USD in 2024, a 10% increase from 2023.

ACCO Brands (NYSE: ACCO) has scheduled its first quarter 2025 earnings release for May 1, 2025, after market close. The company will hold a conference call and webcast to discuss the results on May 2, 2025, at 8:30 a.m. EST. Investors can access the webcast through the Investor Relations section of the company's website at www.accobrands.com, where a replay will also be available.

Swingline®, celebrating its 100th anniversary, has launched three new stapler lines that combine heritage with modern functionality. The release includes the CUB™ Compact Metal Stapler, the Vintage Plier Handheld Stapler, and a color refresh of the iconic 747® Business Premium Desktop Stapler.

The CUB™ features a 20-sheet capacity, all-metal construction, and comes in various colors including Electric Blue and Rio Red. The Vintage Plier offers a 25-sheet capacity with ergonomic grip, while the refreshed 747® Business Stapler maintains its 30-sheet capacity with a Jam-Free Guarantee.

The new collection is available through major retailers including Amazon, Office Depot, Staples, and Target, with select colors exclusive to specific stores. All models come with a lifetime warranty and jam-free guarantee when used with Swingline® Premium Staples.