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.
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Kensington has launched new docking stations, the SD5760T Thunderbolt™ 4 Dual 4K Docking Station and the SD4810P USB-C® 5Gbps Triple Video Driverless Dock, enhancing productivity for professionals. The SD5760T supports data transfer rates of up to 40Gbps, daisy chaining for SSDs and monitors, and offers multiple connectivity options. It provides up to 96W power delivery and supports dual 4K displays. The SD4810P, suitable for Windows laptops, delivers up to 5Gbps and supports three external monitors. Kensington also introduced a CH1200 USB-C® 10Gbps 4-Port Hub and a CA1020 USB-A to USB-C® Adapter, both facilitating seamless connectivity for various devices. All products are designed to meet the needs of remote and hybrid work environments, promising enhanced usability and productivity.
ACCO Brands Corporation (NYSE: ACCO) has announced the release date for its first quarter 2023 earnings, set for May 4, 2023, after market close. The company will follow up with a conference call and webcast to discuss these results on May 5 at 8:30 a.m. EST. Investors can access the webcast through the Investor Relations section of their website, where it will also be available for replay.
ACCO Brands specializes in designing and marketing various consumer products under well-known brands such as AT-A-GLANCE®, Five Star®, and Kensington®. For more information, visit their website.
Kensington has launched three new privacy screens designed for MacBook, iMac, and Studio Display to enhance data security in various environments. The new products—SA270 for Studio Display, SA240 for iMac 24”, and MagPro Elite for MacBook Air—expand Kensington's data protection portfolio. These screens limit the viewing angles, reducing visual hacking risks, while also filtering harmful blue light by up to 22%. Kensington was recognized as the leading privacy filter brand in the U.S. retail channel in Q3 2022, with the MagPro Elite for MacBook 13” being the top seller from Q1 to Q3 2022.
ACCO Brands Corporation (NYSE: ACCO) reported its fourth quarter and full year results for 2022, with net sales of $1.95 billion, a 4% decrease year-over-year. The company achieved 1% comparable sales growth and gained market share in multiple categories. Fourth quarter net sales fell 12.4% to $499.4 million, primarily due to lower demand for gaming accessories and macroeconomic challenges. The company experienced a net loss of $13.2 million for the full year, attributed to a $98.7 million goodwill impairment. Looking ahead, ACCO Brands expects margin expansion and profit growth in 2023, with an estimated adjusted EPS increase of 4% to 8%.