ACCO Brands Reports Fourth Quarter and Full Year 2023 Results and Provides Outlook for 2024
Acco Brands Corporation (ACCO)
Last acco brands corporation earnings: 2/11 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.accobrands.com
Company Research
Source: Business Wire
Company Exceeds Full Year 2023 OutlookFull YearReported net sales of $1.833 billion, with gross margin expanding 420 basis pointsOperating income of $45 million; adjusted operating income grew 17% to $205 millionLoss per share of $(0.23); adjusted EPS of $1.09, above the Company's outlookNet operating cash flow improved $51 million, generated adjusted free cash flow of $118 millionReduced total debt by $88 million with a consolidated net leverage ratio of 3.4x at year-end LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today reported financial results for the fourth quarter and fiscal year ended December 31, 2023."I am pleased to report that our fourth quarter financial performance, including our reported net sales and adjusted EPS and free cash flow, was better than expected. During the year, we successfully executed against our 2023 priorities and implemented our previously announced restructuring plans, which enabled us to significantly expand our gross
Show less
Read more
Impact Snapshot
Event Time:
ACCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACCO alerts
High impacting Acco Brands Corporation news events
Weekly update
A roundup of the hottest topics
ACCO
News
- ACCO Brands Co. (NYSE: ACCO) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- ACCO Brands: Has New Management Found The Fire Extinguishers? [Seeking Alpha]Seeking Alpha
- Dividend Investors: Don't Be Too Quick To Buy ACCO Brands Corporation (NYSE:ACCO) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- ACCO Brands Co. (NYSE: ACCO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- ACCO Brands Corporation (NYSE:ACCO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
ACCO
Earnings
- 5/2/24 - Beat
ACCO
Sec Filings
- 5/22/24 - Form 4
- 5/22/24 - Form 8-K
- 5/22/24 - Form 4
- ACCO's page on the SEC website