ACCO BRANDS Corp

For the period ended Sep 30, 2024. Filed Nov 1, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 1, 2024

ACCO$5.35+1.5%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Loss)

	Three Months EndedSeptember 30,		Nine Months EndedSeptember 30,
(in millions, except per share data)	2024	2023	2024	2023
Net sales	$420.9	$448.0	$1,218.1	$1,344.2
Cost of products sold	284.0	303.2	818.2	915.9
Gross profit	136.9	144.8	399.9	428.3
Operating costs and expenses:
Selling, general and administrative expenses	92.2	98.8	274.4	291.8
Amortization of intangibles	11.7	10.8	33.2	32.7
Restructuring	6.7	3.0	6.1	6.3
Impairment of goodwill and intangible assets	—	—	165.2	—
Total operating costs and expenses	110.6	112.6	478.9	330.8
Operating income (loss)	26.3	32.2	(79.0)	97.5
Non-operating expense (income):
Interest expense	13.7	15.6	40.8	45.0
Interest income	(2.0)	(1.6)	(6.1)	(6.2)
Non-operating pension expense	0.4	0.2	5.6	0.5
Other expense (income), net	0.4	(3.6)	(0.4)	(2.1)
Income (loss) before income tax	13.8	21.6	(118.9)	60.3
Income tax expense	4.5	6.7	3.3	22.7
Net income (loss)	$9.3	$14.9	$(122.2)	$37.6
Per share:
Basic income (loss) per share	$0.10	$0.16	$(1.27)	$0.40
Diluted income (loss) per share	$0.09	$0.15	$(1.27)	$0.39
Weighted average number of shares outstanding:
Basic	96.0	95.4	96.2	95.2
Diluted	97.5	96.7	96.2	96.8

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.