ACCO Brands Corporation (ACCO) Misses Q2 EPS by 5c

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Go back to ACCO Brands Corporation (ACCO) Misses Q2 EPS by 5c

ACCO Brands Posts Solid Quarterly Results in Challenging Operating Environment

August 8, 2022 4:15 PM EDT

LAKE ZURICH, Ill.--(BUSINESS WIRE)-- ACCO Brands Corporation (NYSE: ACCO) today announced its second quarter results for the period ended June 30, 2022.

Net sales were $521.0 million, up 0.6 percent; comparable sales were up 5.2 percent EPS was $0.40 versus $0.50 in 2021; adjusted EPS was $0.37 versus $0.43 in 2021 Continued sales momentum in North America driven by strong back-to-school sell-in Continued recovery in International segment, led by growth in Brazil and Mexico Updated guidance reflecting a more conservative view of the macroeconomic environment

"We posted impressive comparable sales... More