---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017927"
form_type: "8-K"
ticker: "ACCO"
cik: "0000712034"
company_name: "ACCO BRANDS Corp"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:32:06.710163+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ACCO Brands Q1 sales $403M above outlook; adj. EPS $0.09 beats; reaffirms FY23 guidance

## Summary
- Net sales $402.6M, down 8.8% YoY but above company outlook; gross margin improved 250 bps.
- Adjusted operating income $24.3M, up 8% YoY; reported operating income $10.1M, up 49%.
- Adjusted EPS $0.09 (above outlook) vs. $0.11 prior year; reported EPS ($0.04).
- Operating cash outflow improved $82M to $23.2M; free cash outflow $25.2M vs $107.6M.
- Reaffirmed FY23: adj. EPS $1.08-$1.12, FCF at least $100M; Q2 adj. EPS guidance $0.29-$0.32.

## SEC filing metadata
- accession: 0000950170-23-017927
- form_type: 8-K
- ticker: ACCO
- cik: 0000712034
- company_name: ACCO BRANDS Corp
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712034/000095017023017927/0000950170-23-017927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712034/000095017023017927/acco-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017927
- JSON: https://secwatch.observer/filing/0000950170-23-017927.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017927.txt

## Key facts
- Earnings Releases
  ACCO BRANDS Corp reported the period ended March 31, 2023 results: revenue $403 million. Guidance reaffirmed.
  - Period: the period ended March 31, 2023
  - Revenue: $403 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: --- EX-99 (EX-99.1) --- EX-99 Exhibit 99.1 News Release ACCO BRANDS REPORTS FIRST QUARTER 2023 RESULTS HIGHLIGHTED BY IMPROVED MARGINS AND CASH FLOW • Reported net sales of $403 million, above outlook • Gross margins improved 250 basis points year-over-year • Operating income of $10.1 million grew 49% year-over-year, adjusted operating income of $24.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023017927/0000950170-23-017927-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.