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Stock impact report

ACCO Brands Reports Third Quarter Results

Acco Brands Corporation (ACCO) 
Last acco brands corporation earnings: 2/11 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.accobrands.com
Company Research Source: Business Wire
Reported net sales of $421 million at the mid-point of outlookEarnings per share of $0.09; adjusted EPS of $0.23On track to achieve over $20 million in cost savings for the full year 2024 through a multi-year cost savings programNet operating cash flow improved by $25 millionReduced consolidated leverage ratio to 3.5x at quarter-endMaintaining 2024 outlook for sales, adjusted EPS and cash flowRefinanced the credit facilities, extending the maturity date to 2029 LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today reported financial results for its third quarter and nine months ended September 30, 2024."We are pleased to report third quarter results that were in line with our expectations, with overall sales trends improving in the third quarter compared to the first half of the year. We continue to make progress on our cost reduction and infrastructure initiatives, which allowed us to deliver another quarter of improved gross margin and cash flow. Our robu Show less Read more
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