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ACCO Brands Corporation reports recurring developments tied to its branded consumer, technology and business products for schools, homes and workplaces. Coverage includes earnings releases, segment trends in the Americas and International businesses, dividend declarations, cost-reduction actions, cash flow and leverage commentary, and updates on office product demand and technology accessory growth.
Company news also covers product activity across its brand portfolio, including Kensington computer and mobility accessories, VeriMark security keys, and other categories such as storage and organization, notebooks, shredding, laminating, binding and presentation products. Recent corporate updates include the completed EPOS acquisition and its role in ACCO Brands' technology peripherals portfolio.
Kensington has launched the H2000 USB-C Over-Ear Headset, designed for professionals engaged in frequent calls. This headset features a comfortable design, exceptional sound quality, and is compatible with major calling platforms like Microsoft Teams and Zoom. The H2000 aims to enhance productivity in hybrid work environments with its noise-canceling technology and all-day comfort. It's equipped with a six-foot USB-C cable and includes a USB-A adapter for versatility. The product is available through the Kensington Store and partner sites in North America.
ACCO has launched its new Trapper Keeper 2023 Monthly Planner, capitalizing on the nostalgia of its iconic school supply brand. Available in blue and glitter galaxy colors, the planner features essential organization tools such as monthly planning pages, storage pockets, and a Velcro closure. The planners are priced between $20 and $25 and can be purchased exclusively on Mead.com. This move aims to strengthen ACCO's position in the academic and consumer products market.
Kensington, a leader in desktop computing solutions, celebrates over 30 years of innovation in physical security products. Since creating the original MicroSaver Lock in 1992, it has sold over 30 million locks globally, ensuring compatibility with 99% of devices. The introduction of the Nano Security Slot caters to ultra-thin devices, becoming a new industry standard. Kensington's products are verified to exceed rigorous testing standards, providing robust security backed by a five-year warranty. The company continues to collaborate with major tech firms to enhance device theft protection.
TruSens™ has launched a new range of high-performance humidifiers, the N-200 and N-300, designed for personal and office use. These models feature advanced water filtering technology for cleaner mist and optimal humidity in spaces up to 485 square feet. Key highlights include the exclusive SensorPod™ for humidity monitoring, whisper-quiet operation, and a UV-C option in the N-300 model for bacteria control. With high-capacity tanks allowing up to 80 hours of continuous use and availability at MSRP of $239.00 (N-300) and $179.00 (N-200), TruSens continues to enhance environmental wellness products.
Kensington has expanded its Professional Video Conferencing Solution by introducing the Universal 3-in-1 Pro Audio Headset Switch (K83300WW) and the H1000 USB-C On-Ear Headset (K83450WW). These products are designed to enhance online presence and productivity for remote and in-office workers. The headset switch allows seamless audio transitions between up to three devices, while the H1000 headset features noise-canceling capabilities for superior communication. Both products are backed by a two-year warranty and are available through the Kensington Store.
ACCO Brands Corporation (NYSE: ACCO) has appointed Joe Burton to its Board of Directors. Currently the CEO of Telesign Corp., Burton brings extensive experience in technology and product development. His previous roles include CEO and President at Poly and engineering positions at Cisco and Polycom. ACCO Brands Chairman, Boris Elisman, expressed enthusiasm for Burton's appointment, highlighting the importance of technology in ACCO's product portfolio and his expertise in driving digital transformation and growth strategies.
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ACCO Brands Corporation (NYSE: ACCO) reported its Q2 results for the period ending June 30, 2022, revealing net sales of $521.0 million, a 0.6 percent increase year-over-year, with comparable sales rising 5.2 percent. EPS was $0.40, down from $0.50 in 2021. North America saw continued sales growth, but inflation and foreign exchange challenges impacted overall performance. The company projects a conservative outlook for the rest of the year but anticipates margin improvements driven by pricing strategies. A regular dividend of $0.075 per share was declared.
LucidSound launched the LS100X Wireless Gaming Headset, designed for Xbox Series X|S, on August 3, 2022. Priced at $99.99, it features 130 hours of battery life via Bluetooth and 72 hours in Game Mode. The headset supports both Xbox and PC connections with low-latency options and includes customizable audio settings. This product aims to enhance the gaming experience with spatial sound through Windows Sonic, dual mics, and three EQ modes for tailored audio. LucidSound is part of ACCO Brands, known for its premium gaming accessories.
The TruSens Performance Series Air Purifiers have been launched to enhance air quality in large commercial spaces. With dual-sided True HEPA and Activated Carbon filters, they eliminate 99.99% of airborne viruses, including Coronavirus. The Z-7000 (MSRP $2,399) is effective for areas up to 2,000 sq. ft. with a CADR of 519 cfm, while the Z-6000 (MSRP $2,039) covers up to 1,750 sq. ft. Both models feature advanced SensorPod technology that adjusts fan speed based on real-time air quality readings. The series boasts ENERGY STAR ratings and a two-year warranty.