Q1 2026 ACCO Brands Corp Earnings Call Transcript

May 1, 2026 / 12:30 PM GMT

Release Date Price: $3.95 (+23.05%)

Transcript 10-Q8-K

Key Points

Positve

ACCO Brands Corp (ACCO) reported first-quarter sales and adjusted EPS above their outlook, indicating strong execution on operational and strategic initiatives.
Consolidated sales grew by 8%, driven by favorable comparable sales and better-than-expected performance from the EPOS acquisition.
The company reiterated its full-year guidance, reflecting confidence in its growth strategies and market positioning.
ACCO Brands Corp (ACCO) completed the acquisition of EPOS, which is expected to contribute approximately $80 million in sales for 2026 and enhance their technology peripherals segment.
The company is on track to achieve a $100 million cost reduction target by the end of the year, demonstrating effective cost management and optimization efforts.

Negative

Sales of office products were down across segments, although the rate of decline improved.
The global gaming market faced headwinds in the first quarter due to industry challenges and softer consumer spending, impacting ACCO Brands Corp (ACCO)'s PowerA brand.
The company anticipates rising costs due to the ongoing conflict in the Middle East, which may offset some projected savings.
Inventory levels increased by $67 million since the start of the year, partly due to seasonal inventory build and higher tariff costs.
Despite a strong first quarter, ACCO Brands Corp (ACCO) maintained a cautious outlook for the rest of the year due to macroeconomic uncertainties and potential cost increases.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ACCO.N - ACCO Brands Corp
Q1 2026 ACCO Brands Corp Earnings Call
May 01, 2026 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Hello, everyone.

Thank you for joining us, and welcome to ACCO Brands' first-quarter 2026 earnings call. After today's prepared remarks, we will host a question-and-answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Christopher McGinnis, Director of Investor Relations. Please go ahead.

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Unidentified_2 [2]
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Thank you. Good morning, and welcome to the Acco Brands conference call to review our first quarter 2026 results.

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