Aug. 1 at 2:17 PM
Noble Capital Markets Research Report: ACCO Brands (
$ACCO) – First Look into 2Q25 Results
2Q25 Results. ACCO reported 2Q net sales and adjusted EPS in-line with management’s outlook. Revenue of
$394.8 million was down 9.9% y-o-y. Comp sales were off 10.5% while favorable forex increased revenue by 0.6%. We had forecasted revenue of
$390 million. Gross margin of 32.9% was below our 34.6% estimate. Net income totaled
$29.2 million, or
$0.31/sh, with adjusted EPS of
$0.28 compared to
$0.37 in 2Q24. We were at
$0.21 and
$0.32, respectively.
Read more: https://www.channelchek.com/news-channel/acco-brands-acco-first-look-into-2q25-results
