Acco Brands

Q2 FY2026 EarningsQ2 FY26 results presented a mixed performance: revenue of $415.1M beat the $402.5M consensus, driven primarily by the EPOS acquisition and favorable foreign exchange, despite a 2.3% decline in comparable sales. Normalized EPS of $0.27 slightly exceeded the $0.267 mean estimate. While gross margin of 32.3% missed the 33.4% consensus due to inventory step-up costs, strong cost savings in the Americas segment helped mitigate global demand softness in workspace solutions. Management remains focused on its multi-year restructuring program, realizing $20M in savings this period.