ACCO Brands | 4Q Earnings Conference Call | February 23, 2024 Forward-Looking Statements Statements contained herein, other than statements of historical fact, particularly those anticipating future financial performance, business prospects, growth, strategies, business operations and similar matters, results of operations, liquidity and financial condition, and those relating to cost reductions and anticipatedpre-tax savings and restructuring costs are “forward-looking statements” within the meaning of the ...

Acco Brands (ACCO) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this maker of office supplies would post earnings of $0.23 per share when it actually produced earnings of $0.24, delivering a surprise of 4.35%.Over the last four quarters, ...

LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. "I am pleased to report that our fourth quarter financial performance, including our reported net sales and adjusted EPS and free cash flow, was better than expected. During the year, we successfully executed against our 2023 priorities and implemented our previously announced restructuring plans, which enabled us to significantly expand ...

12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-08454 ACCO Brands Corporation (Exact Name of Registrant as Specified in Its Charter) ...

LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today announced that its board of directors has declared a quarterly cash dividend of $0.075 per share. The dividend will be paid on March 27, 2024, to stockholders of record as of the close of business on March 15, 2024. “ This is the Company’s 25th quarterly cash dividend since it began paying dividends in 2018. The Company’s dividend has become an important part of our capital allocation strategy and we remain committed to supporti ...

The market expects Acco Brands (ACCO) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...

LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today announced that it will release its fourth quarter and full year 2023 earnings after the market close on February 22, 2024. The Company will host a conference call and webcast to discuss the results on February 23 at 8:30 a.m. EST. The webcast can be accessed through the Investor Relations section of www.accobrands.com and will be available for replay. About ACCO Brands Corporation ACCO Brands, the Home of Great Brands Built by ...

盈利表现 - Acco Brands (ACCO)属于Zacks Office Supplies行业，过去两个季度一直超过盈利预期[2] - 过去两个季度的平均盈利惊喜率为17.69%[2] - Acco上一个季度的盈利预期为0.29美元，实际盈利为0.38美元，惊喜率为31.03%[3] - Acco目前的盈利预期呈上升趋势，部分归功于盈利惊喜历史[4] 分析展望 - 公司的Zacks Earnings ESP为+4.08%，分析师对公司的盈利前景持乐观态度[8] - 公司的Zacks Rank为3 (Hold)，结合正面的Earnings ESP，预示着可能会再次超过盈利预期[8] - 公司的Earnings ESP为负值会降低该指标的预测能力，但不代表公司会错过盈利[9] - 重要性检查公司的Earnings ESP以增加成功的几率[11]

LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) announces a multi-year restructuring and cost savings program, with anticipated annualized pre-tax cost savings of at least $60 million. The program incorporates initiatives to simplify and delayer the Company’s operating structure and reduce costs through headcount reductions, supply chain optimization, global footprint rationalization, and better leveraging of our sourcing capabilities. As a result of these actions, the Company will ...

财务数据和关键指标变化 - 第三季度销售额同比下降8%,剔除汇率影响同比下降10% [30] - 毛利润为1.45亿美元,同比增长5%,毛利率同比提高400个基点 [31] - 经调整营业利润为4600万美元,同比增长8% [32] - 经调整每股收益为0.24美元,同比下降4% [33] 各条业务线数据和关键指标变化 - 北美地区销售额同比下降15%,主要受到疲弱的商业和消费需求影响 [33][34][35] - EMEA地区销售额同比下降3%,主要受到技术配件销售下滑影响 [37][38] - 国际地区销售额同比增长5%,主要受益于拉丁美洲地区的销售增长 [40] 各个市场数据和关键指标变化 - 北美地区经调整营业利润率提升160个基点至11.6% [36] - EMEA地区经调整营业利润率提升500个基点至10.7% [39] - 国际地区经调整营业利润为1800万美元,略有下降 [40] 公司战略和发展方向及行业竞争 - 公司正在审视各业务线的短期战略计划,并制定新产品推出计划以实现收入和利润目标 [24] - 公司正在评估进一步简化业务和降低成本的机会 [24] - 公司相信技术配件仍是公司长期盈利增长的重要来源 [16][17] - 公司正在加快游戏配件业务在EMEA和国际市场的拓展 [18] 管理层对经营环境和未来前景的评论 - 宏观经济环境持续给公司业务带来挑战,消费者和企业的非必需性支出有所收缩 [28][29][45] - 公司将继续严格管控成本,直到需求环境有所改善 [46] - 公司有信心通过领先品牌和地域多元化,在全球经济改善时实现可持续的有机收入增长 [25] - 公司有稳健的资产负债表,预计将持续产生强劲的现金流,将继续优先支付股息和偿还债务 [26] 问答环节重要的提问和回答 问题1 **Gregory Burns 提问** 在管理成本和新产品开发之间如何平衡? [52] **Thomas Tedford 回答** 公司不会牺牲已经恢复的毛利率来支持新产品开发,新产品需要为公司带来增量利润 [53] 问题2 **Kevin Steinke 提问** 对于疲弱的返校季表现,是消费者购买量下降还是降价购买? [60] **Thomas Tedford 回答** 整体市场下滑,但公司品牌表现良好,获得市场份额增长,只是零售商谨慎补货 [61] 问题3 **Joseph Gomes 提问** 第三季度销售低于预期的原因是什么? [68] **Deborah O'Connor 回答** 消费者对非必需品支出更加谨慎,加上个人电脑和办公需求下滑等因素,导致第四季度前景不及预期 [68][69]