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) maintains this dedicated news hub as the definitive source for official company announcements and market-moving updates. Our curated collection provides stakeholders with direct access to earnings reports, leadership changes, product innovations, and strategic partnerships within the office products sector.
Investors will find timely disclosures including quarterly results, SEC filings, and dividend declarations. Industry analysts can track operational developments across ACCO's global markets, from supply chain initiatives to sustainability programs. All content is sourced directly from corporate communications to ensure regulatory compliance and accuracy.
This resource consolidates multiple news categories essential for informed decision-making:
Financial Updates: Annual reports, earnings calls, and capital allocation plans
Product Developments: New launches in school/office supplies and digital integrations
Corporate Actions: M&A activity, leadership appointments, and facility updates
Bookmark this page for streamlined monitoring of ACCO's business trajectory. Combine regular visits with our email alert system to stay ahead of market developments affecting your investment strategy.
Kensington has announced the launch of the Pro Fit® Ergo KB675 EQ TKL Rechargeable Keyboard, a new product designed to reduce wrist and hand strain. The keyboard is compatible with Windows and macOS, featuring an ergonomic tenkeyless (TKL) design and secure connectivity for up to three devices. It has won the 2024 Red Dot Design award for product design. The keyboard includes video conferencing keys, customizable options with Kensington Konnect software, and a long-lasting rechargeable battery. Additionally, it has a sustainability focus, with 65% of its outer casing and keycaps made from post-consumer recycled content.
Kensington has launched the Elevated Stand for Surface, designed exclusively for the Microsoft Surface Pro and Surface Go. This sleek, portable riser enhances ergonomics, security, and productivity. It elevates the screen to eye level, supports tilt options for optimal viewing angles, and includes security features. Kensington's range of Designed for Surface (DfS) products also includes docking stations and other accessories that expand the capabilities of Surface devices. The Elevated Stand aims to reduce desktop clutter with magnetic storage and cable management. These accessories are available in North America through Kensington's store and partner sites.
ACCO Brands reported net sales of $359 million with a gross margin expanding 120 basis points in the first quarter of 2024. The company is on track to achieve over $20 million in cost savings from their cost reduction program. Net operating cash flow improved by $51 million, generating free cash flow of $26 million. The consolidated net leverage ratio stood at 3.5x. However, the company reported a loss per share of $(0.07), but adjusted EPS was $0.03, in line with expectations.
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