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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.
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.
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.