ACCO Brands Corp
NYSE:ACCO
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ACCO Brands Corp
NYSE:ACCO
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US |
ACCO Brands Corp
ACCO Brands Corp. engages in the manufacture and marketing of office, school, calendar products, and select computer and electronic accessories. The company is headquartered in Lake Zurich, Illinois and currently employs 6,000 full-time employees. The company went IPO on 2005-08-05. The firm's segments include Brands North America, ACCO Brands EMEA and ACCO Brands International. Each of its business segment designs, markets, sources, manufactures and sells consumer, technology and other end user products used in businesses, schools and homes. Its product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, calendars, stapling, punching, dry erase boards and do-it-yourself tools, among others. Its brands include PowerA, Five Star, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, AT-A-GLANCE, Barrilito, Derwent, Esselte, Foroni, Kensington, Marbig, Mead, NOBO, Rapid, Swingline, Rexel, Tilibra, TruSens and Leitz. Its portfolio includes both global and regional brands. Its products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.
ACCO Brands Corp. engages in the manufacture and marketing of office, school, calendar products, and select computer and electronic accessories. The company is headquartered in Lake Zurich, Illinois and currently employs 6,000 full-time employees. The company went IPO on 2005-08-05. The firm's segments include Brands North America, ACCO Brands EMEA and ACCO Brands International. Each of its business segment designs, markets, sources, manufactures and sells consumer, technology and other end user products used in businesses, schools and homes. Its product categories include gaming and computer accessories, storage and organization, notebooks, shredding, laminating and binding machines, calendars, stapling, punching, dry erase boards and do-it-yourself tools, among others. Its brands include PowerA, Five Star, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, AT-A-GLANCE, Barrilito, Derwent, Esselte, Foroni, Kensington, Marbig, Mead, NOBO, Rapid, Swingline, Rexel, Tilibra, TruSens and Leitz. Its portfolio includes both global and regional brands. Its products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.
Results: Q4 reported sales decreased 4% and comparable sales were down 8%; full year 2025 sales and adjusted EPS came in in line with prior outlook.
Margins: Q4 gross profit was $144.0 million with a 33.6% margin (down 110 bps); adjusted operating income was $60.0 million (14.0%, down 30 bps).
Cash & leverage: Adjusted free cash flow for 2025 was $70.0 million (includes $19.0 million of facility-sale proceeds); consolidated leverage finished at 4.1x.
EPOS deal: EPOS did ~$90.0 million of revenue in 2025; ACCO expects $15.0 million of annual cost synergies, ~ $80.0 million of revenue contribution in 2026 and slight first‑year EBITDA accretion.
Outlook: 2026 guidance: reported sales flat to up 3%; adjusted EPS $0.84–$0.89; free cash flow $75.0–$85.0 million; consolidated leverage targeted 3.7–3.9x.
Near-term: Q1 2026 guidance calls for reported sales flat to up 3% and an adjusted loss per share of $0.06 to $0.03 (loss).
Cost program: Delivered $35.0 million of savings in 2025 (>$60.0 million cumulative) and on track for $100.0 million of savings by end of 2026.
