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ACCO(ACCO) - 2024 Q1 - Quarterly Results
ACCOACCO(ACCO)2024-05-02 20:15

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 ...