ACCO Brands stock drops over 3%, despite earnings meeting expectations but guidance being weak

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Lake Zurich, Illinois - On Monday, ACCO Brands Corporation (NYSE:ACCO) reported fourth-quarter results in line with earnings expectations but missed revenue estimates, while issuing fiscal 2026 guidance significantly below analyst forecasts.

The company’s stock fell 3.58% in pre-market trading, reflecting investor concern over the weak outlook despite meeting quarterly earnings expectations.

For the fourth quarter, the company reported adjusted earnings per share of $0.38, in line with analyst consensus. However, revenue was $428.8 million, below the consensus estimate of $431.77 million and down 4.3% from $448.1 million in the same period last year.

Comparable sales declined 7.8%, indicating weak global demand for core products, though growth in gaming accessories partially offset this decline.

For fiscal 2026, ACCO Brands expects adjusted earnings per share between $0.84 and $0.89, with a midpoint of $0.87, well below the analyst consensus of $1.05.

The company also guided for a loss of $0.06 to $0.03 per share in the first quarter of fiscal 2026, compared to the consensus estimate of a profit of $0.02. Full-year revenue is expected to remain flat or grow by 3.0%.

President and CEO Tom Tedford stated, “In the fourth quarter, our sales and adjusted earnings per share met our expectations. We executed our multi-year cost reduction plan effectively, saving approximately $35 million in 2025, with total savings reaching $60 million.”

For the full fiscal year 2025, ACCO Brands reported net sales of $1.525 billion, down 8.5% year-over-year, with adjusted diluted earnings per share of $0.84.

The company completed its acquisition of high-end audio solutions provider EPOS on January 30, 2026.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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