secwatch.observer — SEC 8-K summary
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Issuer:     ACCO BRANDS Corp (ACCO)
CIK:        0000712034
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0000950170-25-100909
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712034/000095017025100909/0000950170-25-100909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712034/000095017025100909/acco-20250729.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-100909

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