Quarterly ResultApr 30, 2026, 04:46 PM
ACCO Q1 Net Sales +8.3% to $343.7M; Adj EPS $0.02; Reaffirms FY26 Outlook
AI Summary
ACCO Brands reported a solid first quarter for 2026, with net sales increasing 8.3% to $343.7 million and adjusted diluted EPS of $0.02, both exceeding the company's outlook. The results were positively impacted by the EPOS acquisition and favorable foreign exchange, despite declines in comparable sales for office product categories. The company reaffirmed its full-year 2026 outlook, expecting sales to be flat to up 3.0% and adjusted EPS between $0.84 and $0.89, while also progressing well with the EPOS integration and cost reduction program.
Key Highlights
- Net sales increased 8.3% to $343.7 million, exceeding the company's outlook.
- Diluted EPS was $0.20, reflecting a $37.6 million bargain purchase gain from the EPOS acquisition.
- Adjusted diluted EPS was $0.02, also above the company's outlook.
- ACCO Brands Americas segment net sales rose 2.6% to $178.5 million, with comparable sales down 2.3%.
- ACCO Brands International segment net sales grew 15.1% to $165.2 million, with comparable sales down 2.8%.
- Operating cash flow was $3.5 million and free cash flow was $1.4 million for the quarter.
- Reaffirmed full-year 2026 outlook: sales flat to up 3.0%, adjusted EPS $0.84-$0.89.
- Declared a regular quarterly cash dividend of $0.075 per share.