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 introduces its new TruSens air purifiers, responding to a surge in consumer demand for cleaner indoor air. The Medium (Z-2500) and Large (Z-3500) models feature DuPont HEPA filtration and enhanced SensorPod technology for real-time air quality monitoring. Both models support remote control via the TruSens App, compatible with iOS and Android. The purifiers promise efficient delivery of clean air and are designed for easy setup with prices set at $349 and $499, respectively.
ACCO Brands Corporation (NYSE: ACCO) will participate in BofA’s 2020 Leveraged Finance Virtual Conference on November 30 at 10:30 a.m. EST, presenting in a fireside chat format. The presentation will be available via webcast through the company's Investor Relations section. A replay of the event will be accessible within 24 hours and will remain available until March 2, 2021. ACCO Brands is a leading global designer and manufacturer of branded educational, consumer, and business products, recognized for its numerous well-known brands.
ACCO Brands announces the launch of Xyron's new line of Hot Glue Guns, designed for both small and high-volume crafting projects. The lineup includes four styles of glue guns and four types of glue sticks, offering high-temperature performance and safety features such as silicone insulated nozzles. The Xyron Hot Glue Pen, priced at $29.99, caters to intricate designs, while the Mini Hot Glue Gun is available at $7.99 for quick projects. This innovative product lineup reflects ACCO's commitment to enhancing creative solutions for artists and hobbyists.
ACCO Brands Corporation (NYSE: ACCO) has announced its agreement to acquire PowerA, a prominent provider of gaming accessories, for a total upfront payment of $340 million, with potential additional payments based on performance. This acquisition aims to enhance ACCO's consumer-focused strategy, which has previously seen significant growth. PowerA holds a strong position in the gaming market, showing over 20% sales growth in 2020, expected to reach approximately $200 million. The deal is anticipated to be accretive to earnings in its first year and aims to leverage ACCO's global reach.
ACCO Brands Corporation (NYSE: ACCO) is set to participate in the virtual Southwest IDEAS Investor Conference, with its presentation scheduled for November 18 at 8:00 a.m. EST. The webcast will be accessible via the Investor Relations section of www.accobrands.com and the conference website, www.IDEASconferences.com. The presentation will be archived for 90 days post-event, allowing investors to revisit the insights shared during the conference.
ACCO Brands Corporation (NYSE: ACCO) reported third quarter earnings for the period ending September 30, 2020, with a net income of $18.8 million, or $0.20 per share, down from $28.0 million, or $0.28 per share in 2019. Net sales decreased by 12% to $444 million due to COVID-19 impacts, while adjusted net income was $18.1 million, or $0.19 per share. The EMEA region showed improvement, partially offsetting declines in Latin America and North America. The company generated $89 million in cash from operations and repaid $124 million in debt during the quarter.
ACCO Brands Corporation (NYSE: ACCO) plans to release its third quarter 2020 earnings on October 27, 2020, after market close. A conference call and webcast to discuss the results is scheduled for October 28 at 8:30 a.m. EDT. Investors can access the webcast via the ACCO Brands Investor Relations website. ACCO Brands is a leading player in the design, marketing, and manufacturing of branded academic and business products, with a strong portfolio sold in over 100 countries.