Financial Performance - Net sales decreased by 99% from $4383 million to $3948 million in Q2 2025[37] - Comparable sales decreased by 105%[37] - Adjusted earnings per share decreased by 243% from $037 to $028[37] - Adjusted free cash flow was an outflow of $24 million year-to-date[60] Segment Performance - ACCO Brands Americas sales decreased by 150% from $2923 million to $2485 million[42] - ACCO Brands International sales increased slightly by 02% from $1460 million to $1463 million[42] - ACCO Brands Americas adjusted operating income decreased by 316% from $632 million to $432 million[42] - ACCO Brands International adjusted operating income increased by 60% from $117 million to $124 million[42] Cost Reduction and Debt - The company is executing a multi-year cost reduction program targeting at least $100 million in savings[32] - Over $40 million in savings have been realized since the program's inception[35] - Net debt decreased by $19 million year-over-year[16] Outlook - Q3 2025 net sales are projected to be between $387 million and $400 million, a decrease of 50% to 80%[63] - Full year 2025 net sales are projected to be between $1525 billion and $1550 billion, a decrease of 70% to 85%[67]