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 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 (NYSE: ACCO) has announced it will release its fourth quarter and full year 2024 earnings after market close on February 20, 2025. The company will hold a conference call and webcast to discuss the results on February 21 at 8:30 a.m. EST. Investors can access the webcast through the Investor Relations section of the company's website at www.accobrands.com, where it will also be available for replay.
Kensington has launched a new Security Mount specifically designed for the latest Mac mini with M4 and M4 Pro chips. The mount serves as both a mounting bracket and security device, featuring a sturdy steel frame that can be mounted on, under, or alongside any solid surface. The product includes a resettable Kensington NanoSaver® combination lock for security.
The mount is custom-fitted to accommodate the new Mac mini's compact 5x5 inch design while maintaining easy access to all ports and the power button. Key features include flexible mounting options, custom fit design that doesn't block functionality, and a five-year warranty. The Security Mount is now available globally through Apple.com.
Swingline, the iconic office tools brand, marks its 100th anniversary in 2025, celebrating a century of innovation in workspace essentials. Founded in 1925 as the Parrot Speed Fastener Company, Swingline pioneered the first strip stapler in 1931, featuring innovative top-loading 'swing-opening' design that inspired its current name.
To commemorate this milestone, Swingline announces the launch of 37 new and refreshed products across seven product lines, demonstrating its commitment to meeting modern workplace needs. The brand continues to serve diverse environments, including hybrid offices, schools, healthcare facilities, and households.
The company's Rio Red 747® Business Stapler remains a bestseller and gained additional cultural significance after being featured in the 1999 film 'Office Space'. Swingline's focus continues to be on combining vintage-inspired designs with modern engineering and contemporary colors, maintaining its core principles of quality, durability, and innovation.
Swingline has launched a new lineup of Optima Electric Staplers, featuring five innovative models designed for enhanced efficiency and precision. The series includes the Optima 20, Optima 20 Compact, Optima 30 (coming soon), Optima 50, and Optima 60. Key features include QuickLoad technology, low-staple indicators, and advanced solenoid technology enabling up to 3x faster stapling compared to traditional models.
The staplers offer various capacities, with the Optima 60 capable of handling up to 60 sheets simultaneously. All models come with a 7-year warranty and 100% performance guarantee, available for purchase through major retailers including Amazon, Staples, and Office Depot.
Swingline announces a new collaboration with watercolor artist Leah Bisch to launch a line of designer metal staplers. The collection features two designs - Wildflowers and Tan Tiles - available on Amazon and Swingline.com, with upcoming availability on Staples.com. The staplers combine aesthetic appeal with functionality, featuring premium metal construction, gold-colored magazine, and 20-sheet stapling capacity. Each unit holds 210 staples and includes a low-staple indicator. The products come with a 1-year warranty and 100% performance guarantee.
ACCO Brands reported Q3 2024 results with net sales of $420.9 million, down 6.0% from $448.0 million in 2023. Earnings per share were $0.09, with adjusted EPS of $0.23. The company is on track to achieve over $20 million in cost savings for 2024 through its multi-year program. Net operating cash flow improved by $25 million, and the consolidated leverage ratio reduced to 3.5x. The company maintained its 2024 outlook, expecting reported sales to decline 8-9% with adjusted EPS of $1.04-$1.09. ACCO successfully refinanced its credit facilities, extending maturity to 2029.
ACCO Brands (NYSE: ACCO) has declared a quarterly cash dividend of $0.075 per share, payable on December 11, 2024, to stockholders of record as of November 15, 2024. This marks the company's 28th quarterly dividend since initiating payments in 2018. CEO Tom Tedford highlighted that the dividend, yielding approximately 6% annually at current stock prices, remains a important component of their capital allocation strategy, supported by the company's robust free cash flow.
ACCO Brands (NYSE: ACCO) has announced its upcoming third quarter 2024 earnings release and webcast schedule. The company will release its Q3 2024 earnings after the market close on October 31, 2024. Following this, ACCO Brands will host a conference call and webcast on November 1 at 8:30 a.m. EDT to discuss the results. Investors and interested parties can access the webcast through the Investor Relations section of the company's website at www.accobrands.com. The webcast will also be available for replay, allowing those unable to attend the live event to review the information at their convenience.
ACCO Brands (NYSE: ACCO), a global leader in consumer, technology, and business branded products, has released its 2023 Environmental, Social and Governance (ESG) Report. The report highlights the company's commitment to ethical business practices and responsible operations under the pillars of People, Plant, and Products.
President and CEO Tom Tedford emphasized ACCO Brands' dedication to transparency and progress in ESG initiatives. The report serves as a primary communication tool for updates on commitments to employees, the environment, and local communities. With 46 brands sold in over 100 countries, ACCO Brands continues to focus on enabling achievement, creation, collaboration, and organization through its products and strategies.
PowerA, a division of ACCO Brands, has introduced two new FUSION® controllers for Xbox Series X|S: the FUSION Pro Wireless Controller with Lumectra™ and the FUSION Pro 4 Wired Controller. The wireless model, priced at $149.99, features Ghost RGB LED lighting, Hall Effect thumbsticks and triggers, and low-latency wireless connectivity. The wired version, at $69.99, offers Hall Effect modules and Dual Rumble Motors. Both controllers include Quick-Twist adjustable height thumbsticks, four mappable buttons, and 3-Way Trigger Locks. They are compatible with the PowerA Gamer HQ App for customization and come with a two-year warranty.