---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-058219"
form_type: "8-K"
ticker: "ACCO"
cik: "0000712034"
company_name: "ACCO BRANDS Corp"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:18:17.821655+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ACCO Brands Q3: sales down 7.7% to $448M; adj. EPS $0.24; gross margin +400bps; FY outlook trimmed

## Summary
- Net sales $448.0M (-7.7% YoY); comparable sales -9.9%; FX added 2.2%.
- Gross margin expanded 400 bps; adjusted operating income grew 8% to $46M.
- Reported EPS $0.15; adjusted EPS $0.24 (at high end of outlook).
- Updated FY outlook: sales down 6-7%; adj. EPS $1.03-$1.07; free cash flow at least $110M reaffirmed.
- Quarterly dividend of $0.075/share declared; leverage ratio 3.8x.

## SEC filing metadata
- accession: 0000950170-23-058219
- form_type: 8-K
- ticker: ACCO
- cik: 0000712034
- company_name: ACCO BRANDS Corp
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712034/000095017023058219/0000950170-23-058219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712034/000095017023058219/acco-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-058219
- JSON: https://secwatch.observer/filing/0000950170-23-058219.json
- Plain text: https://secwatch.observer/filing/0000950170-23-058219.txt

## Key facts
- Earnings Releases
  ACCO BRANDS Corp reported the third quarter and nine months ended September 30, 2023 results: revenue $448.0 million, net income $0.15 per share, EPS $0.15. Guidance reaffirmed.
  - Period: the third quarter and nine months ended September 30, 2023
  - Revenue: $448.0 million
  - Net income: $0.15 per share
  - EPS: $0.15
  - Guidance: reaffirmed
  - Result: reported results
  source text: --- EX-99.1 Exhibit 99.1 News Release ACCO BRANDS REPORTS THIRD QUARTER 2023 RESULTS; HIGHLIGHTED BY GROSS MARGIN IMPROVEMENT AND STRONG FREE CASH FLOW • Reported net sales of $448 million, with gross margin expanding 400 basis points • Operating income of $32 million; adjusted operating income grew 8% to $46 million • EPS of $0.15; adjusted EPS of $0.24, at the
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023058219/0000950170-23-058219-index.htm

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