ACCO Brands Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 26, 2021 at 04:15 pm EDT
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ACCO Brands Corporation reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 526.7 million compared to USD 444.1 million a year ago. Net income was USD 20.2 million compared to USD 18.8 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to USD 0.2 a year ago.
For the nine months, sales was USD 1,455 million compared to USD 1,195.1 million a year ago. Net income was USD 48.4 million compared to USD 32.2 million a year ago. Basic earnings per share from continuing operations was USD 0.51 compared to USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.34 a year ago.
ACCO Brands Corporation is a global consumer, technology and business branded products company. The Companyâs segments include ACCO Brands North America, ACCO Brands EMEA and ACCO Brands International. Each business segment designs, markets, sources, manufactures, and sells recognized consumer, technology and business branded products used in schools, homes and at work. The Companyâs product categories include gaming and computer accessories; storage and organization; notebooks; shredding; laminating and binding machines; stapling; punching; planners; dry-erase boards; and do-it-yourself tools, among others. Its portfolio includes both globally and regionally recognized brands. The Companyâs primary brands include PowerA, Five Star, AT-A-GLANCE, Quartet, Kensington, Swingline, GBC, Mead, Hilroy, Leitz, Derwent, Spirax, NOBO, Esselte, Artline, Rexel and others. Its products are sold primarily in the United States, Europe, Australia, Canada, Brazil and Mexico.