ACCO Brands Corporation (ACCO) Tops Q2 EPS by 12c

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Go back to ACCO Brands Corporation (ACCO) Tops Q2 EPS by 12c

ACCO Brands Posts Second Quarter EPS of $0.06 Versus $0.35 Last Year; Adjusted EPS of $0.12 Versus $0.36 In 2019

July 28, 2020 4:15 PM EDT

LAKE ZURICH, Ill.--(BUSINESS WIRE)-- ACCO Brands Corporation (NYSE: ACCO), today announced its second quarter earnings for the period ended June 30, 2020.

2Q EPS of $0.06 versus $0.35 in prior year Adjusted 2Q EPS of $0.12 versus $0.36 in 2019 2Q net sales $367 million, down 29 percent Solid back-to-school sell-in in North America Initiated restructuring with $7 million charge

"Our second quarter sales were at the upper end of our guidance. We saw sequential monthly improvement after April's bottom, which continued into July. Our profitability and... More