{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-052132","form_type":"8-K","ticker":"ACCO","cik":"0000712034","company_name":"ACCO BRANDS Corp","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.737213+00:00","generated_at":"2026-06-03T01:06:50.250292+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ACCO Brands Q1 net sales down 11% to $359M; adjusted EPS $0.03; FY adj EPS guide $1.02-$1.07","bullets":["Net sales $358.9M, down 10.9% YoY; comparable sales down 11.3%. Gross margin expanded 120 bps.","Operating income $5.9M vs $10.1M; adjusted operating income $16.2M vs $24.3M, reflecting lower volumes.","Net loss $(0.07)/share vs $(0.04); adjusted EPS $0.03 in line with outlook. Free cash flow $25.9M vs -$25.2M.","Full-year outlook: sales down 5-7%, adj EPS $1.02-$1.07; free cash flow at least $120M, leverage target 3.0-3.2x.","On track for over $20M in FY 2024 cost savings from multi-year $60M program; Q2 adj EPS guided $0.30-$0.33."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-052132","json":"https://secwatch.observer/filing/0000950170-24-052132.json","markdown":"https://secwatch.observer/filing/0000950170-24-052132.md","text":"https://secwatch.observer/filing/0000950170-24-052132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/712034/000095017024052132/0000950170-24-052132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/712034/000095017024052132/acco-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:06:50.250292+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"269ccbc976dc3305c767505cc39f87ac0d2d0e16","claim":"ACCO BRANDS Corp reported first quarter ended March 31, 2024 results: EPS ($0.07).","evidence_excerpt":"Net sales were $358.9 million a 10.9 percent decline from $402.6 million in 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/712034/000095017024052132/0000950170-24-052132-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"EPS","value":"($0.07)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"269ccbc976dc3305c767505cc39f87ac0d2d0e16","claim":"ACCO BRANDS Corp reported first quarter ended March 31, 2024 results: EPS ($0.07).","evidence_excerpt":"Net loss was $6.3 million, or $(0.07) per share, compared with a net loss of $3.7 million, or $(0.04) per share, in 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/712034/000095017024052132/0000950170-24-052132-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"EPS","value":"($0.07)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b776fc4fffefd6828485507d1c7227e92471d329","claim":"ACCO BRANDS Corp reported full year 2024 results: EPS $1.02 to $1.07. Guidance lowered.","evidence_excerpt":"Full year adjusted EPS is expected to be within a range of $1.02 to $1.07.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/712034/000095017024052132/0000950170-24-052132-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2024"},{"label":"EPS","value":"$1.02 to $1.07"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}