Office products maker ACCO Brands' Q3 net sales miss estimates on softer global demand

ACCO Brands

30/10/2025 20:33

Overview

ACCO Brands Q3 net sales fell 8.8%, missing analyst expectations

Adjusted EPS for Q3 was $0.21, in line with company outlook

Company achieved over $50 mln in savings from cost reduction program

Outlook

Company expects full-year 2025 sales to decline 7.0% to 8.5%

ACCO Brands forecasts 2025 adjusted EPS between $0.83 and $0.90

Company anticipates 2025 adjusted free cash flow of $90 mln to $100 mln

Result Drivers

SOFT DEMAND - Co attributes sales decline to softer global demand across product categories

COST SAVINGS - Co's multi-year cost reduction program yielded over $50 mln in savings, aiding gross margin expansion

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Sales
Miss
$383.70 mln
$391.06 mln (3 Analysts)
Q3 EPS
$0.04
Q3 Net Income
$4 mln
Q3 Gross Profit
$126.60 mln
Q3 Operating Income
$26 mln
Q3 Pretax Profit
$14.70 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 56.6% above its October 29 closing price of $3.91

Press Release: ID:nBwb3vqLka

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(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.)