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ACCO(ACCO) - 2023 Q4 - Earnings Call Transcript
2024-02-23 18:18
ACCO Brands Corporation (NYSE:ACCO) Q4 2023 Earnings Conference Call February 23, 2024 8:30 AM ET Company Participants Christopher McGinnis - Senior Director of Investor Relations Tom Tedford - President and Chief Executive Officer Deborah O'Connor - Executive Vice President and Chief Financial Officer Conference Call Participants Gregory Burns - Sidoti & Company Joseph Gomes - NOBLE Capital William Reuter - Bank of America Hale Holden - Barclays Operator Thank you for the tune in. I’d like to welcome you t ...
ACCO(ACCO) - 2023 Q4 - Earnings Call Presentation
2024-02-23 12:52
ACCO Brands | 4Q Earnings Conference Call | February 23, 2024 Forward-Looking Statements Statements contained herein, other than statements of historical fact, particularly those anticipating future financial performance, business prospects, growth, strategies, business operations and similar matters, results of operations, liquidity and financial condition, and those relating to cost reductions and anticipatedpre-tax savings and restructuring costs are “forward-looking statements” within the meaning of the ...
Acco Brands (ACCO) Beats Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-22 23:10
Acco Brands (ACCO) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this maker of office supplies would post earnings of $0.23 per share when it actually produced earnings of $0.24, delivering a surprise of 4.35%.Over the last four quarters, ...
ACCO Brands Reports Fourth Quarter and Full Year 2023 Results and Provides Outlook for 2024
Businesswire· 2024-02-22 21:00
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. "I am pleased to report that our fourth quarter financial performance, including our reported net sales and adjusted EPS and free cash flow, was better than expected. During the year, we successfully executed against our 2023 priorities and implemented our previously announced restructuring plans, which enabled us to significantly expand ...
ACCO(ACCO) - 2023 Q4 - Annual Report
2024-02-22 16:00
12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-08454 ACCO Brands Corporation (Exact Name of Registrant as Specified in Its Charter) ...
ACCO Brands Corporation Declares Quarterly Dividend
Businesswire· 2024-02-16 12:00
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today announced that its board of directors has declared a quarterly cash dividend of $0.075 per share. The dividend will be paid on March 27, 2024, to stockholders of record as of the close of business on March 15, 2024. “ This is the Company’s 25th quarterly cash dividend since it began paying dividends in 2018. The Company’s dividend has become an important part of our capital allocation strategy and we remain committed to supporti ...
Acco Brands (ACCO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-02-15 16:06
The market expects Acco Brands (ACCO) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...
ACCO Brands Corporation Announces Fourth Quarter and Full Year 2023 Earnings Webcast
Businesswire· 2024-02-13 12:00
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today announced that it will release its fourth quarter and full year 2023 earnings after the market close on February 22, 2024. The Company will host a conference call and webcast to discuss the results on February 23 at 8:30 a.m. EST. The webcast can be accessed through the Investor Relations section of www.accobrands.com and will be available for replay. About ACCO Brands Corporation ACCO Brands, the Home of Great Brands Built by ...
Will Acco (ACCO) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-02-02 18:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Acco Brands (ACCO) , which belongs to the Zacks Office Supplies industry, could be a great candidate to consider.This maker of office supplies has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 17.69%.For the most recent quarter, Acco was expected ...
ACCO Brands Corporation Announces Cost Reduction Program Targeting Annualized Pre-Tax Savings of at least $60 Million
Businesswire· 2024-01-30 11:55
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) announces a multi-year restructuring and cost savings program, with anticipated annualized pre-tax cost savings of at least $60 million. The program incorporates initiatives to simplify and delayer the Company’s operating structure and reduce costs through headcount reductions, supply chain optimization, global footprint rationalization, and better leveraging of our sourcing capabilities. As a result of these actions, the Company will ...