<span item_type="fundamental" item_id="02e06bab2a3c382cfcd134d7599729c1" counter_id="ST/US/ACCO" env="prod"></span><span item_type="announcement" item_id="643637055549543297" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 343.7 M, beating the estimate of USD 319.93 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD 0.2, beating the estimate of USD -0.17.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -1.1 M.</p><p></p><h3>Consolidated Financial Performance</h3><h4>Net Sales</h4><p>For the three months ended March 31, 2026, net sales increased by $26.3 million, or 8.3%, to $343.7 million, compared to $317.4 million in the prior year’s first quarter. This increase included $19.1 million from favorable foreign exchange and $15.2 million from the EPOS acquisition. Comparable net sales decreased by 2.5%, driven by a - $12.6 million, or 4.0%, decrease in volume due to lower global demand for consumer and business products, partially offset by price increases. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Gross Profit</h4><p>Gross profit increased by $7.2 million, or 7.2%, to $106.8 million for the three months ended March 31, 2026, up from $99.6 million in the prior year. The gross profit margin was 31.1% in 2026, a slight decrease from 31.4% in 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Selling, General and Administrative Expenses (SG&amp;A)</h4><p>SG&amp;A increased by $6.4 million, or 6.9%, to $99.1 million for the three months ended March 31, 2026, compared to $92.7 million in the prior year. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Operating Loss</h4><p>The company reported an operating loss of - $10.4 million for the three months ended March 31, 2026, compared to an operating loss of - $6.7 million in the prior year. The operating loss margin was -3.0% in 2026, compared to -2.1% in 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Bargain Purchase Gain</h4><p>A preliminary bargain purchase gain of - $37.6 million was recorded for the three months ended March 31, 2026, related to the acquisition of EPOS. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Net Income (Loss)</h4><p>Net income for the three months ended March 31, 2026, was $19.4 million, a significant improvement from a net loss of - $13.2 million in the prior year. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Cash Flow from Operating Activities</h4><p>Cash provided by operating activities was $3.5 million for the three months ended March 31, 2026, a decrease from $5.5 million in the prior year. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Cash Flow from Investing Activities</h4><p>Cash used in investing activities was - $3.2 million for the three months ended March 31, 2026, compared to - $12.3 million in the prior year, including - $1.1 million for the EPOS acquisition, net of cash acquired, and capital expenditures. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Cash Flow from Financing Activities</h4><p>Cash provided by financing activities was $53.9 million for the three months ended March 31, 2026, down from $64.0 million in the prior year. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Total Debt</h4><p>As of March 31, 2026, total debt was $901.0 million, compared to $840.9 million as of December 31, 2025. Long-term debt, net, was $848.0 million as of March 31, 2026, up from $806.0 million as of December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Consolidated Leverage Ratio</h4><p>As of March 31, 2026, the Consolidated Leverage Ratio was approximately 4.14 to 1.00. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h3>ACCO Brands Americas Segment</h3><h4>Net Sales</h4><p>For the three months ended March 31, 2026, net sales increased by $4.6 million, or 2.6%, to $178.5 million. This included $5.1 million from favorable foreign exchange and $3.5 million from the EPOS acquisition. Comparable net sales decreased by 2.3%, driven by a - $7.6 million, or 4.4%, decrease in volume, partially offset by growth in Latin America and computer accessories. Price, net of customer programs, increased sales by $3.6 million, or 2.1%. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Segment Operating Income</h4><p>Operating income for the three months ended March 31, 2026, increased by $2.5 million to $3.4 million, compared to $0.9 million in the prior year. The segment operating income margin was 1.9% in 2026, up from 0.5% in 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Segment Assets</h4><p>As of March 31, 2026, segment assets were $393.8 million, decreasing from $445.9 million as of December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Property, Plant and Equipment, Net</h4><p>As of March 31, 2026, property, plant and equipment, net, was $72.9 million, slightly down from $73.5 million as of December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Capital Spend</h4><p>Capital spend for the three months ended March 31, 2026, was $1.5 million, significantly lower than $13.4 million for the year ended December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Depreciation Expense</h4><p>Depreciation expense for the three months ended March 31, 2026, was $3.0 million, down from $4.5 million in the prior year. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h3>ACCO Brands International Segment</h3><h4>Net Sales</h4><p>For the three months ended March 31, 2026, net sales increased by $21.7 million, or 15.1%, to $165.2 million. This included $14.0 million from favorable foreign exchange and $11.7 million from the EPOS acquisition. Comparable net sales decreased by 2.8%, driven by a - $5.0 million, or 3.5%, decrease in volume, partially offset by price increases of $1.0 million, or 0.7%. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Segment Operating Income</h4><p>Operating income for the three months ended March 31, 2026, decreased by - $2.7 million to $2.4 million, compared to $5.1 million in the prior year. The segment operating income margin was 1.5% in 2026, down from 3.6% in 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Segment Assets</h4><p>As of March 31, 2026, segment assets were $239.9 million, increasing from $202.9 million as of December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Property, Plant and Equipment, Net</h4><p>As of March 31, 2026, property, plant and equipment, net, was $65.6 million, slightly up from $65.3 million as of December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Capital Spend</h4><p>Capital spend for the three months ended March 31, 2026, was $1.8 million, significantly lower than $6.1 million for the year ended December 31, 2025. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h4>Depreciation Expense</h4><p>Depreciation expense for the three months ended March 31, 2026, was $2.4 million, up from $2.2 million in the prior year. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p><h3>Outlook and Strategy</h3><p>ACCO Brands Corporation anticipates continued impact from softer global demand, weak macroeconomic conditions, and geopolitical instability. The company is implementing a multi-year restructuring and cost savings program, targeting approximately $100.0 million in annualized pre-tax cost savings by the end of 2026, with $70.0 million realized since inception. Priorities for cash flow use include debt reduction, dividends, funding strategic acquisitions, and share repurchases, subject to market conditions and a 2026 restriction on dividend payments or share repurchases. <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/712034/000119312526201006/acco-20260331.htm"></span></p>

Acco Brands | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 343.7 M