ACCO Brands Q3: sales $527M (+19%), EPS $0.21; dividend raised 15.4% to $0.075

ACCO BRANDS Corp

2021-Q3 EPS reported $0.50 revenue$1,455,000,000

Q3 net sales $526.7M, up 18.6% YoY; comparable sales up 4.3%.
EPS $0.21 (adj. $0.33) vs $0.20 ($0.25); gross margin +120 bps.
Generated $99M operating cash flow; reduced debt $117M.
Quarterly dividend raised 15.4% to $0.075/share, payable Dec 15 to record Nov 24.
FY outlook: sales $2.0-2.04B, adj. EPS $1.30-1.40, tax rate 31% (up from 29%).

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