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 showcases new desktop and mobile accessories at CES 2022, focusing on products for Microsoft Surface devices and Apple's ecosystem. Key products include the BlackBelt Rugged Case for Surface Pro 8 offering military-grade protection, and a Surface Laptop Riser for ergonomic setups. Kensington also highlights Thunderbolt 4 docking solutions that expand laptop functionality. Their MagPro Elite Magnetic Privacy Screen for Surface Pro 8 addresses visual security concerns. These innovations reinforce Kensington's dedication to enhancing productivity and device security.
Kensington has launched the StudioDock™ iPad Docking Station, enhancing functionality for 2021 12.9-inch iPad Pro and other USB-C iPads. This docking station features fast charging capabilities, 4K HDMI output, an integrated SD card reader, and multiple expansion ports. StudioDock is recognized as a CES 2021 Innovations Award Honoree and offers a simple plug-and-play setup. Alongside, the StudioCaddy offers a solution for storing and charging the entire Apple ecosystem. Both products are available now through the Kensington Store.
ACCO Brands Corporation (NYSE: ACCO) participated in Noble Capital Markets' C-Suite Interview Series on November 16. CEO Boris Elisman provided insights on supply chain challenges, improvements in gross margins amid inflation, updates on the PowerA acquisition, and strategic cash use. The interview is available on Channelchek. ACCO Brands is a leading global designer and manufacturer of branded products, including well-known names like GBC, Mead, and Swingline, sold in over 100 countries.
ACCO Brands Corporation (NYSE: ACCO) will participate in BofA’s 2021 Leveraged Finance Virtual Conference. The presentation, formatted as a fireside chat, is scheduled for December 1 at 3:45 p.m. EST. The event will be available via webcast through the Investor Relations section of www.accobrands.com. A replay will be accessible within 24 hours after the live event, expiring on March 2, 2022. ACCO Brands is a leading global designer and manufacturer of branded consumer, academic, and business products, selling in over 100 countries.
Kensington introduces the UVStand™ Monitor Stand featuring a UVC sanitization compartment that eliminates up to 99.9% of bacteria and viruses from devices like keyboards and mobile phones. This innovation, a CES 2021 Innovations Award Honoree, combines ergonomic design with effective sanitization. The spacious compartment supports devices up to 40 lbs and operates safely with an easy button touch. In addition, Kensington launched the Pro Fit USB Washable Keyboard and Pro Fit Washable Wired Mouse, designed for easy cleaning and hygiene. All products are now available with warranties.
ACCO Brands Corporation (NYSE: ACCO) reported a strong third quarter for 2021, with net sales reaching $527 million, up 19% year-over-year. Comparable sales increased by 4%, with EPS at $0.21, slightly ahead of last year's $0.20. Gross margin improved by 120 basis points, and the company generated $99 million in operating cash flow while reducing debt by $117 million. A quarterly dividend of $0.075 per share was announced, a 15.4% increase. The outlook for 2021 expects sales between $2.0 billion and $2.04 billion, with adjusted EPS projected at $1.30 to $1.40.
ACCO Brands Corporation (NYSE: ACCO) will release its third quarter 2021 earnings on October 26, 2021, after market close. A conference call will follow on October 27 at 8:30 a.m. EDT to discuss the results. Interested parties can access the webcast via the Investor Relations section of www.accobrands.com. ACCO Brands is a leading global designer and manufacturer of branded academic and consumer products, recognized for brands like Artline®, Kensington®, and Swingline®.
Kensington has launched the SD5700T Thunderbolt™ 4 Dual 4K Docking Station, designed for Intel Evo platform-verified laptops. This innovative docking station enhances productivity by allowing users to connect multiple devices through a single Thunderbolt cable, delivering up to 90W Power Delivery. Key features include connection for up to three additional Thunderbolt devices, support for single 8K or dual 4K video output, and eleven ports for connectivity. Kensington emphasizes its commitment to enhancing user experience through advanced technology and partnerships with Intel.
Kensington, a leader in desktop computing solutions, has launched new accessories designed for Microsoft Surface devices, including Surface Pro 8 and Surface Go 3. These products, developed in collaboration with Microsoft, focus on enhancing security and productivity. Key offerings include Kensington Keyed and Combo Cable Locks for device security, MagPro™ Elite Magnetic Privacy Screen to protect sensitive information, and the SD5750T Thunderbolt 4 Dock to boost connectivity and performance. Kensington emphasizes its commitment to innovative solutions for mobile productivity.
ACCO Brands Corporation (NYSE: ACCO) will present at the Sidoti Fall 2021 Virtual Conference on September 23 at 12:15 p.m. EDT. The presentation will be accessible via the Investor Relations section of www.accobrands.com or through here. ACCO will also hold one-on-one virtual meetings with investors on September 22 and 23. Registration is free and open to all interested parties.