Welcome to our dedicated page for Acco Brands news (Ticker: ACCO), a resource for investors and traders seeking the latest updates and insights on Acco Brands stock.
ACCO Brands Corporation (NYSE: ACCO) generates a steady flow of news across office products, technology accessories, and gaming accessories. The company describes itself as a leader in branded consumer products that enable productivity, confidence and enjoyment while working, when learning and while playing, and its announcements reflect activity across brands such as AT-A-GLANCE, Five Star, Kensington, Leitz, Mead, PowerA, Swingline, and Tilibra.
News for ACCO Brands often includes earnings releases that discuss net sales, segment performance for ACCO Brands Americas and ACCO Brands International, cost reduction initiatives, and capital allocation decisions such as dividends and share repurchases. These updates are typically accompanied by Form 8‑K filings that furnish financial results and, in some cases, disclose amendments to the company’s credit agreements.
Product and brand announcements are another key part of ACCO Brands news. Kensington press releases highlight new desktop and mobility accessories, such as Thunderbolt™ 5 docking stations and privacy screen filters designed to support IT, business, and home office professionals. PowerA announcements focus on gaming accessories, including officially licensed wireless controllers for game consoles. Corporate news may also cover acquisition agreements, such as ACCO Brands’ definitive agreement to acquire EPOS, a provider of premium enterprise headsets and audio solutions.
Investors and followers of ACCO Brands can use this news feed to review financial updates, monitor developments in technology and gaming accessories, and track strategic moves like acquisitions and cost reduction programs. Returning to this page allows readers to see how ACCO Brands communicates about its brands, categories, and financial performance over time.
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.
ACCO Brands Corporation (NYSE: ACCO) will release its second quarter 2022 earnings on August 8, 2022, after market close. A conference call and webcast to discuss these results will be held on August 9 at 8:30 a.m. EST. Investors can access the webcast on their Investor Relations website, where it will also be available for replay. ACCO Brands is known for its diverse portfolio of brands that enhance productivity and enjoyment in work, learning, and play.
Kensington, a brand under ACCO, has launched the Kensington Professional Video Conferencing solution, enhancing productivity for remote and hybrid work. This solution integrates high-resolution webcams, lighting, and software like Kensington Konnect™ for seamless video conferencing experiences. Highlighted products include the W1050 1080p Fixed Focus Webcam and the L1000 Bicolor Ring Light, designed for optimum video quality and user adaptability. Kensington aims to meet the growing demand for professional video solutions as remote work becomes standard.
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ACCO Brands Corporation (NYSE: ACCO) announced its participation in the virtual 2022 East Coast IDEAS Investor Conference, scheduled for June 16 at 8:00 a.m. EDT. The event will be accessible via the company's Investor Relations page and archived for 90 days post-event. ACCO Brands is a leading designer and manufacturer of branded academic and business products, recognized in over 100 countries.
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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.