ACCO Brands Q2 2021 net sales up 41% YoY to $518M; EPS $0.50 vs $0.06

ACCO BRANDS Corp

2021-Q2 EPS reported $0.29 revenue$928,300,000

GAAP EPS $0.50, adjusted EPS $0.43, vs $0.06 and $0.18 in prior year.
All three segments (N.America, EMEA, International) posted sales and profit increases.
Gross margin improved 170 bps; operating income $49.9M vs $18.5M.
Full-year outlook: sales $2.0B-$2.07B, adj. EPS $1.35-$1.45, FCF at least $135M.
PowerA acquisition contributed $50.7M to Q2 sales; company changed non-GAAP to exclude acquisition amortization.

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