ACCO Brands beats Q1 sales estimates, maintains FY revenue forecast

ACCO Brands

30/04/2026 21:47

Overview

Branded consumer products maker's Q1 net sales rose 8%, beating analyst expectations

Adjusted diluted EPS was $0.02, above company outlook

Sales growth driven by EPOS acquisition, FX gains, and Latin America, computer accessories strength

Outlook

ACCO Brands sees Q2 reported sales up 1% to 4%

Company expects Q2 adjusted EPS between $0.24 and $0.28

ACCO Brands reaffirms 2026 full-year sales to be in the range of flat to up 3.0% and  djusted EPS outlook of $0.84 to $0.89

Result Drivers

EPOS ACQUISITION - Co said sales growth was driven by the EPOS acquisition and its integration is progressing as planned

COST SAVINGS - Adjusted operating income rose due to cost savings, which offset lower organic volumes and unfavorable product mix

WEAK OFFICE DEMAND - Comparable sales declined in both Americas and International segments due to reduced demand for office product categories

Company press release: ID:nBwbvmcKSa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Sales
Beat
$343.70 mln
$319.93 mln (3 Analysts)
Q1 EPS
$0.20
Q1 Net Income
$19.40 mln
Q1 Gross Profit
$106.80 mln
Q1 Operating Income
-$10.40 mln
Q1 Pretax Profit
$14.90 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support supplies peer group is "buy."

Wall Street's median 12-month price target for ACCO Brands Corp is $9.00, about 177.8% above its April 29 closing price of $3.24

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)