Acco Brands Corp Stock Price, News & Analysis

Kensington has expanded its docking solutions with the introduction of the SD5780T Thunderbolt 4 Dual 4K Docking Station and other mini docks. These products enhance connectivity for users of Thunderbolt 4-enabled devices, supporting up to two 4K monitors and offering ultra-fast data transfer speeds of up to 40Gbps. The SD5780T provides 96W power delivery to charge connected devices and comes with a variety of ports for maximum productivity. The new docking stations are compatible with multiple operating systems and come with warranties of up to three years.

Kensington has launched the H2000 USB-C Over-Ear Headset, designed for professionals engaged in frequent calls. This headset features a comfortable design, exceptional sound quality, and is compatible with major calling platforms like Microsoft Teams and Zoom. The H2000 aims to enhance productivity in hybrid work environments with its noise-canceling technology and all-day comfort. It's equipped with a six-foot USB-C cable and includes a USB-A adapter for versatility. The product is available through the Kensington Store and partner sites in North America.

ACCO has launched its new Trapper Keeper 2023 Monthly Planner, capitalizing on the nostalgia of its iconic school supply brand. Available in blue and glitter galaxy colors, the planner features essential organization tools such as monthly planning pages, storage pockets, and a Velcro closure. The planners are priced between $20 and $25 and can be purchased exclusively on Mead.com. This move aims to strengthen ACCO's position in the academic and consumer products market.

Kensington, a leader in desktop computing solutions, celebrates over 30 years of innovation in physical security products. Since creating the original MicroSaver Lock in 1992, it has sold over 30 million locks globally, ensuring compatibility with 99% of devices. The introduction of the Nano Security Slot caters to ultra-thin devices, becoming a new industry standard. Kensington's products are verified to exceed rigorous testing standards, providing robust security backed by a five-year warranty. The company continues to collaborate with major tech firms to enhance device theft protection.

TruSens™ has launched a new range of high-performance humidifiers, the N-200 and N-300, designed for personal and office use. These models feature advanced water filtering technology for cleaner mist and optimal humidity in spaces up to 485 square feet. Key highlights include the exclusive SensorPod™ for humidity monitoring, whisper-quiet operation, and a UV-C option in the N-300 model for bacteria control. With high-capacity tanks allowing up to 80 hours of continuous use and availability at MSRP of $239.00 (N-300) and $179.00 (N-200), TruSens continues to enhance environmental wellness products.

Kensington has expanded its Professional Video Conferencing Solution by introducing the Universal 3-in-1 Pro Audio Headset Switch (K83300WW) and the H1000 USB-C On-Ear Headset (K83450WW). These products are designed to enhance online presence and productivity for remote and in-office workers. The headset switch allows seamless audio transitions between up to three devices, while the H1000 headset features noise-canceling capabilities for superior communication. Both products are backed by a two-year warranty and are available through the Kensington Store.

ACCO Brands Corporation (NYSE: ACCO) has appointed Joe Burton to its Board of Directors. Currently the CEO of Telesign Corp., Burton brings extensive experience in technology and product development. His previous roles include CEO and President at Poly and engineering positions at Cisco and Polycom. ACCO Brands Chairman, Boris Elisman, expressed enthusiasm for Burton's appointment, highlighting the importance of technology in ACCO's product portfolio and his expertise in driving digital transformation and growth strategies.

ACCO Brands Corporation (NYSE: ACCO) reported its Q2 results for the period ending June 30, 2022, revealing net sales of $521.0 million, a 0.6 percent increase year-over-year, with comparable sales rising 5.2 percent. EPS was $0.40, down from $0.50 in 2021. North America saw continued sales growth, but inflation and foreign exchange challenges impacted overall performance. The company projects a conservative outlook for the rest of the year but anticipates margin improvements driven by pricing strategies. A regular dividend of $0.075 per share was declared.