10-K · March 9, 2026
ACCO Brands positions itself as a global consumer, technology and business products company focused on brand-led innovation and expanding into higher-growth technology peripheral categories while executing multi-year…
Earnings analysis · 10-Q
ACCO earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
ACCO Brands reported a strong Q1 2026, achieving net sales of $343.7 million, an 8.3% increase year-over-year, surpassing estimates. The company recorded a diluted EPS of $0.20, beating prior expectations of a loss.…
Read full summary
ACCO Brands reported a strong Q1 2026, achieving net sales of $343.7 million, an 8.3% increase year-over-year, surpassing estimates. The company recorded a diluted EPS of $0.20, beating prior expectations of a loss. However, operating performance was affected by higher restructuring costs and a litigation settlement, resulting in an operating loss of $10.4 million.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.2
- Segment
- Americas: $178.5M; International: $165.2M
What stood out
-
Revenue Growth of 8.3%
Net sales increased by $26.3 million year-over-year to $343.7 million.
-
Positive EPS Surprise
Reported EPS of $0.20 compared to estimated loss of $0.05, exceeding expectations by 1.4%.
-
International Segment Leading Growth
International segment revenues rose by 15.1%, contributing an additional $21.7 million to total sales.
-
Bargain Purchase Gain from EPOS
Acquisition of EPOS added a preliminary bargain purchase gain of $37.6 million.
-
Cash Reserves of $118.9 Million
As of March 31, 2026, the company holds $118.9 million in cash, supporting liquidity.
-
Decrease in Comparable Sales
Comparable sales dropped by 2.5%, reflecting declining demand despite overall revenue growth.
What to watch
-
Increased Restructuring Costs
Restructuring costs rose to $6.7 million, impacting profitability amid operational losses.
-
Operating Loss Despite Revenue Growth
An operating loss of $10.4 million was reported, worsening from a loss of $6.7 million last year.
-
Challenges from Reduced Consumer Demand
Ongoing geopolitical instability and lower consumer spending are expected to continue affecting demand.
Management's outlook
Full year adjusted EPS expected between $0.84 and $0.89 with reported sales anticipated to range from flat to up 3.0%.
Earlier filings 4
10-Q · November 1, 2024
ACCO Brands reported Q3 net sales of $420.9M, down from $448.0M year‑ago, and diluted EPS of $0.09 (Q3 2023: $0.15). Management recorded a year‑to‑date impairment charge of $165.2M (goodwill impairment of $127.5M) and…
10-Q · August 2, 2024
ACCO Brands reported a challenging second quarter with net sales of $438.3 million, down 11.2% year-over-year, while EBITDA margin contracted significantly, leading to an operating loss of $111.2 million. This was…
10-K · February 23, 2024
ACCO Brands positions itself as a leading global consumer, technology and business branded products company with strong category positions (approximately 77% of 2023 net sales from brands ranked No. 1 or No. 2) and a…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.