ACCO Reports Q3 2026 Results: Increased Full-Year Outlook Driven by Tariff Refunds and Trust Acquisition
ACCO reported third-quarter net sales of $380.3 million, a slight decrease of 0.9% on a reported basis, primarily due to softness in the technology peripherals sector and shifts in back-to-school shipment timing. Despite the revenue dip, adjusted EPS rose to $0.28 from $0.21 in the prior year, significantly bolstered by $21.3 million in net tariff refunds received during the quarter. The company is navigating a challenging consumer environment characterized by muted demand for gaming consoles and declining laptop sales. However, strategic moves such as the acquisition of Trust—expected to generate $100 million in annual revenue—and ongoing cost-saving initiatives are providing tailwinds. Consequently, ACCO has raised its full-year sales growth outlook to 4%–6% and adjusted EPS guidance to a range of $0.98 to $1.02.
Tickers: $ACCO
Topics: acquisition adjusted eps cost savings gross margin net sales tariff refunds