Acco Brands Corp Stock Price, News & Analysis

ACCO Brands Corporation (NYSE: ACCO) has declared a quarterly cash dividend of $0.065 per share, scheduled for payment on September 15, 2021, to stockholders of record by the close of business on August 27, 2021. This dividend reflects the company's commitment to returning value to shareholders. As a leading global organization in branded products for academic and business markets, ACCO continues to expand its presence in over 100 countries with a diverse portfolio of recognized brands.

ACCO Brands Corporation (NYSE: ACCO) reported a strong second quarter, with net sales of $517.8 million, up 41.1% year-over-year, driven by market recovery and the PowerA acquisition. EPS rose to $0.50 from $0.06 in 2020. All segments exhibited sales and profit increases, with significant contributions from PowerA and favorable foreign exchange impacts. Gross margin improved by 170 basis points due to cost savings and lower inventory reserves. For the third quarter, the company expects sales between $515 million and $545 million, with adjusted EPS ranging from $0.30 to $0.35.

LucidSound announces the launch of the LS15X Shock Blue Wireless Gaming Headset designed for Xbox Series X|S, available exclusively at GameStop for $99.99. This headset features advanced wireless technology for reliable connectivity, custom-tuned audio with dual mics, and a lightweight design for maximum comfort during long gaming sessions. It includes intuitive controls for easy in-game audio adjustments. LucidSound focuses on enhancing gamers' experiences with high-quality sound and comfort. The LS15X is tailored to meet the needs of serious gamers.

FIVE STAR has launched its Study App for the 2021 back-to-school season, enhancing students' study experience by transforming handwritten notes into digital flashcards. The app allows users to flag important concepts, scan notes, and study anytime, anywhere. Compatible with iPhone and Android devices, the app can be downloaded from the Apple App Store and Google Play. This new tool aims to complement traditional notetaking and boost academic success for students.

ACCO Brands Corporation (NYSE: ACCO) will release its second quarter 2021 earnings on July 28, 2021, after market close. A conference call and webcast will follow on July 29 at 8:30 a.m. EDT to discuss the results. The webcast will be available on the Investor Relations section of the company's website. ACCO Brands is a leading designer and manufacturer of branded academic, consumer, and business products, selling its items in over 100 countries worldwide.

PowerA announced the launch of its Spectra Infinity Enhanced Wired Controller for Xbox Series X|S on June 29, 2021, priced at $44.99. This controller features thousands of customizable color combinations with 20 colors, offering pro-style features such as mappable buttons, trigger locks, and dual rumble motors. Additional functionalities include a 3.5mm audio jack, a new volume dial, and a share button for easy communication and gameplay sharing. The product is backed by a two-year limited warranty and is available at major retailers globally.

ACCO Brands Corporation (NYSE: ACCO) will participate in Noble Capital Markets’ Virtual Road Show on June 29, 2021, at 1 p.m. EDT. The event features a presentation by Boris Elisman, Chairman and CEO, followed by a Q&A session led by Noble Senior Research Analyst Joe Gomes. Registration is free for investors and can be accessed via ACCO's website or Channelchek.com. The recorded presentation will also be available for later viewing on both platforms.

Derwent has launched its new Chromaflow colour pencils, designed with rich pigments for vibrant application. Available in sets of 12 ($24.99 MSRP) and 24 ($49.99 MSRP), they can be purchased at DerwentArt.com, Blick Art Materials, and Amazon. Built with a strong 3.5 mm core, these pencils promise durability and lesser breakage, enhancing the user experience. Each set is crafted with quality assurance, reflecting Derwent's long-standing craftsmanship since 1832. The product targets budding artists returning to school, emphasizing affordability without compromising quality.

ACCO Brands Corporation (NYSE: ACCO) announces its participation in the virtual 2021 East Coast IDEAS Investor Conference. The management's presentation is scheduled for June 16 at 8:00 a.m. EDT. Investors can access the webcast via the company's Investor Relations page or the conference website, and it will be archived for 90 days post-event. As a major player in designing and manufacturing consumer and business products, ACCO Brands boasts a portfolio of well-known brands sold in over 100 countries worldwide.