Recent Updates — ACCO

ACCO Brands reported third-quarter net sales of $380.3 million and diluted earnings per share of $0.12, or adjusted $0.28, which included a $0.11 per-share benefit from net tariff refunds. The company closed its acquisition of Trust on October 1, expanding its technology peripheral portfolio. Management raised full-year 2026 sales growth expectations to 4-6 percent and adjusted EPS guidance to $0.98-$1.02, citing the new acquisition and tariff recoveries. Additionally, the board declared a regular quarterly cash dividend of $0.075 per share, payable December 9 to November 20 record holders. ACCO Brands is a global leader in branded technology peripherals, workspace solutions, education, and creative products.

ACCO Brands Corporation completed its previously announced acquisition of GXT Holding B.V., also known as Trust, on October 2, 2026. Trust is a pan-European provider of computer and gaming accessories that designs and markets PC peripherals, gaming products, smart home devices, and mobile peripherals sold through retailers and e-commerce platforms in Europe and Latin America. ACCO Brands operates in the office supplies, learning products, and technology accessories industry.

ACCO Brands Corporation announced on August 14, 2026, that it has entered into a definitive agreement to acquire GXT Holding B.V. (Trust), a pan-European provider of computer and gaming accessories, for approximately $57 million. The transaction is financed through borrowings under ACCO Brands’ revolving credit facility and is expected to close in the late third or early fourth quarter 2026, subject to customary conditions including regulatory approvals. Trust generates approximately $100 million in annual revenue and is expected to be modestly accretive to adjusted EPS within the first 12 months. ACCO Brands anticipates realizing cost synergies of $5 to $8 million within 18 months post-closing, accelerating its strategic pivot toward higher-growth technology peripherals categories which will approach $500 million in pro forma annual sales. ACCO Brands Corporation is a global leader in branded office and learning products and technology accessories.

ACCO Brands Corporation reported second-quarter results for the period ended June 30, 2026, with net sales increasing 5.1% to $415.1 million and diluted EPS of $0.15. The company raised its full-year 2026 sales growth outlook to 2.0%-5.0% and adjusted EPS guidance to $0.87-$0.91, while reiterating free cash flow expectations of $75 million to $85 million. On July 24, 2026, the board declared a regular quarterly cash dividend of $0.075 per share, payable on September 9, 2026 to stockholders of record as of August 21, 2026. ACCO Brands operates in the consumer products industry, manufacturing and distributing branded office supplies, technology accessories, and learning materials.