ACCO Brands Corporation manufactures, markets, and distributes office, school, and calendar products primarily in the United States, Northern Europe, Brazil, Canada, Australia, and Mexico. The company also provides computer and electronic accessories. It operates through three segments: ACCO Brands North America, ACCO Brands International, and Computer Products Group. The company offers office products, such as stapling, binding and laminating equipment, and related consumable supplies, as well as shredders and whiteboards; and school products, including notebooks, folders, decorative calendars, and stationery products. It also provides private label products within the office and school products sector, as well as business machine maintenance and repair services. The company offers its office products, school supplies, and calendar products under the AT-A-GLANCE, Day-Timer, Five Star, GBC, Hilroy, Marbig, Mead, NOBO, Quartet, Rexel, Swingline, Tilibra, Wilson Jones, and other brand names. In addition, it designs, sources, distributes, markets, and sells accessories for laptop and desktop computers, and tablets comprising security products; input devices, such as presenters, mice, and trackballs; ergonomic aids, including foot and wrist rests; docking stations; and other personal computers and tablet accessories under the Kensington, Microsaver, and ClickSafe brand names. The company sells its products to consumers and commercial end-users primarily through resellers, including traditional office supply resellers, wholesalers, mass merchandisers, and retailers, as well as directly to consumers through on-line and direct mail. ACCO Brands Corporation is headquartered in Lake Zurich, Illinois.
Acco beats 3Q profit forecasts LAKE ZURICH, Ill. (AP) _ Acco Brands Corp. (ACCO) on Monday reported third-quarter net income of $22.7 million. On a per-share basis, the Lake Zurich, Illinois-based company said it had profit of 21 cents. Earnings, adjusted for non-recurring costs, came to 29 cents per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. The maker of office supplies posted revenue of $431.3 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $432.1 million. Acco expects full-year earnings in the range of 84 cents to 86 cents per share. Acco shares have climbed 28 percent since the beginning of the year. The stock has increased 11 percent in the last 12 months.
