Acco Brands Reports Q2 Sales Growth Amid Mixed Market Conditions
Acco Brands (NYSE:ACCO) reported a 5% increase in second-quarter sales, driven by strong performance in its Americas segment and the recently acquired EPOS business. The growth was partially offset by weaker demand in international markets and technology peripherals. The company raised its full-year outlook to reflect expected mid-single-digit back-to-school product sales increases and adjusted earnings per share of $0.87–$91, supported by cost reductions. Despite the positive results, Acco warned that inflationary pressures may lead to margin declines in the second half of 2026. The EPOS integration is progressing as planned, with anticipated synergies of around $15 million and sales contributions of approximately $80 million for the year. However, ongoing softness in enterprise demand, PC accessories, and gaming markets remains a concern. The Americas segment saw strong back-to-school placements and growth in Mexico, while international sales were impacted by weaker European, Middle Eastern, African, and Australian demand as well as supply chain disruptions during a systems upgrade at its largest distribution center.
Tickers: $ACCO