ACCO BRANDS Corp 1Q 2026: Revenue $343.7M, EPS $0.2— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.ACCO BRANDS Corp reported Q1 2026 results with revenue of $343.7M, an 8.3% increase from $317.4M in the previous year. The company returned to profitability with a net income of $19.4M and diluted EPS of $0.20, compared to a loss of $(13.2) M and EPS of $(0.14) in Q1 2025. Growth was driven by the EPOS acquisition, which contributed $15.2M in sales, despite a 2.5% decline in comparable sales. Cost-reduction actions have saved approximately $70M, while the company expanded its product offerings in response to market demands.
ACCO BRANDS Corp reported first-quarter 2026 results with revenue rising to $343.7M and a return to profit, recording net income of $19.4M and diluted EPS of $0.2 versus a loss and negative EPS in the year-ago quarter.
Financial Highlights
- Revenue was $343.7M for Q1 2026, up from $317.4M in the year-ago quarter; YoY change 8.3%.
- Net income was $19.4M for Q1 2026, versus a loss of $(13.2) M in the year-ago quarter (turnaround YoY).
- Diluted earnings per share was $0.20 for Q1 2026, versus $(0.14) in the year-ago quarter (improved YoY).
Business Highlights
- Net sales rose 8.3% to $343.7M, driven by favorable foreign exchange and the January 30, 2026 closing of the EPOS acquisition, though comparable sales declined 2.5%.
- The EPOS purchase added a premium audio and headset portfolio and about $15.2M of sales; a preliminary bargain purchase gain was recorded, and Q1 restructuring primarily related to EPOS integration affected results.
- Growth in computer accessories and Latin America helped offset weaker consumer and office demand; the company expanded offerings in gaming, storage and peripherals.
- Ongoing global cost-reduction actions have realized roughly $70M; the company also implemented pricing, sourcing shifts, SKU rationalization and supplier negotiations to mitigate tariff and trade-policy impacts.
Original SEC Filing: ACCO BRANDS Corp [ ACCO ] - 10-Q - May. 01, 2026