ACCO Brands Q2 net sales down 9.9% to $395M, adj EPS $0.28; credit covenant amended

ACCO BRANDS Corp

2025-Q2 EPS reported $0.17 revenue$712,200,000

Net sales $394.8M, down 9.9% YoY; adjusted EPS $0.28 vs $0.37.
Americas segment sales down 15%, International flat; operating income hit by tariffs.
Full-year adj EPS guidance $0.83-$0.90; Q3 adj EPS $0.21-$0.24.
Credit agreement amended: leverage covenant raised to 4.75x max; $35M term loan due Sep 30, 2025.
Dividend $0.075/share declared, payable Sep 10; YTD repurchased 3.2M shares for $15.1M.

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