earnings
confidence high
sentiment positive
materiality 0.75
ACCO Brands reports record FY sales $2.03B, adj. EPS $1.41; CFO Fenwick plans retirement
ACCO BRANDS Corp
2021-FY EPS reported
$1.05
revenue$2,025,300,000
- FY net sales $2.03B (+22.4%); adj. EPS $1.41 (+48.4%); free cash flow $138.4M.
- Q4 sales $570.3M (+24%); adj. EPS $0.54 (+38.5%); debt reduced $123.5M.
- 2022 guidance: sales growth 1-6%, adj. EPS $1.48-$1.58, FCF at least $165M.
- Quarterly dividend $0.075/sh declared, payable March 29, 2022.
- CFO Neal Fenwick to retire later in 2022; search for successor underway.