annummum BRANDS ACCO Brands | 2Q Earnings Conference Call | August 2, 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 anticipated pre-tax savings and restructuring costs are "forward-looking statements" within the ...

Core Viewpoint - Acco Brands reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.31 per share, but down from $0.38 per share a year ago, indicating a mixed performance in earnings despite a positive surprise [1] Financial Performance - Quarterly earnings of $0.37 per share represent an earnings surprise of 19.35% [1] - Revenues for the quarter ended June 2024 were $438.3 million, missing the Zacks Consensus Estimate by 3.19% and down from $493.6 million year-over-year [1] - Over the last four quarters, the company has surpassed consensus EPS estimates four times but has topped revenue estimates only once [1] Stock Performance and Outlook - Acco shares have declined approximately 16% since the beginning of the year, contrasting with the S&P 500's gain of 15.8% [2] - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $431.63 million, and for the current fiscal year, it is $1.04 on revenues of $1.72 billion [4] Industry Context - The Office Supplies industry, to which Acco belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, indicating a challenging environment [5] - The performance of Acco's stock may be influenced by the overall outlook of the industry, as top-ranked industries tend to outperform the bottom half significantly [5]

Exhibit 99.1 1 News Release ACCO BRANDS REPORTS SECOND QUARTER RESULTS • Consolidated leverage ratio of 3.7x at quarter-end; Net debt position decreased $130 million • Loss per share of ($1.29) includes impairment charges; adjusted EPS of $0.37, above the Company's outlook LAKE ZURICH, ILLINOIS, August 1, 2024 - ACCO Brands Corporation (NYSE: ACCO) today reported financial results for its second quarter and first six-months ended June 30, 2024. "Our prudent approach to cost management, as well as strategic ...

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Acco Brands (ACCO) closed the last trading session at $5.04, gaining 1.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $10.83 indicates an 114.9% upside potential. The mean estimate comprises three short-term price targets with a standard deviation of $2.93. While the lowest estimate of $7.50 indicates a 48.8% increase from the current price level, the most optimistic analyst ex ...

stevecoleimages/E+ via Getty Images ACCO Brands (NYSE:ACCO) is a manufacturer of consumer products largely focused on office and school environments, as well as certain electronic products which serve those markets and extend beyond into gaming. ACCO’s primary historical feature from an investment standpoint is as a perpetual value stock – regardless of cash flows and earnings, the company’s shares have always been cheap from an objective standpoint. We’ve previously argued that a key factor for this pe ...

Start Time: 08:30 January 1, 0000 9:12 AM ET ACCO Brands Corporation (NYSE:ACCO) Q1 2024 Earnings Conference Call May 03, 2024, 08:30 AM ET Company Participants Tom Tedford - President and CEO Deborah O'Connor - EVP and CFO Christopher McGinnis - Senior Director of IR Conference Call Participants Gregory Burns - Sidoti Joseph Gomes - NOBLE Capital Kevin Steinke - Barrington Research Hale Holden - Barclays William Reuter - Bank of America Operator Hello, and welcome to the ACCO Brands First Quarter 2024 Earn ...

nummannum BRANDS ACCO Brands | 1Q Earnings Conference Call | May 3, 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 anticipated pre-tax savings and restructuring costs are "forward-looking statements" within the me ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 ☐ 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) Delaware 36-2704017 (State or Other Jurisdiction of (I. ...

Exhibit 99.1 News Release ACCO BRANDS REPORTS FIRST QUARTER RESULTS • Reported net sales of $359 million, with gross margin expanding 120 basis points • On track to deliver over $20 million in cost savings from our multi-year cost savings program • Net operating cash flow improved $51 million, generated free cash flow of $26 million • Consolidated net leverage ratio of 3.5x at quarter-end • Loss per share of $(0.07); adjusted EPS of $0.03, in line with the Company's outlook LAKE ZURICH, ILLINOIS, May 2, 202 ...