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LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today reported financial results for the first quarter ended March 31, 2024. "Our first quarter results demonstrate our commitment to improving profitability and cash flow generation as we work to overcome persistent consumer and business spending weakness. We generated higher free cash flow year over year, which allowed u...
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today announced that its board of directors has declared a quarterly cash dividend of $0.075 per share. The dividend will be paid on June 12, 2024, to stockholders of record as of the close of business on May 17, 2024. “This is the Company's 26th quarterly cash dividend since it began paying dividends in 2018. The Company'...
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO) today announced that it will release its first quarter 2024 earnings after the market close on May 2, 2024. The Company will host a conference call and webcast to discuss the results on May 3 at 8:30 a.m. EST. The webcast can be accessed through the Investor Relations section of www.accobrands.com and will be available for...
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ACCO Brands is a value investment opportunity with significant upside potential. The company has seen a decline in revenue and net profits, but management is implementing cost-cutting initiatives. Shares are cheap relative to cash flows and similar firms, making them an attractive investment option.
Acco delivered better-than-expected fourth-quarter results, but revenue is heading south. The maker of branded office and school supplies forecasted further sales declines in 2024.
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