MARKET COMPOSITE
ACCO - Acco Brands Corporation8:00:02 PM 3/28/2024
Price
$5.61
-0.01 (-0.18%)
ACCO Brands Corporation is an American manufacturer of office products. It was created by the merger of ACCO World from Fortune Brands with General Binding Corporation . In 1903, Fred J. Kline founded the Clipper Manufacturing Company in Long Island, New York. In 1910, the company became the American Clip Company, and first used the name "ACCO" as an initialism, which became the company's formal name in 1922. After many acquisitions, ACCO went public in 1983, and was acquired in 1987 by American Brands .
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue488.6MM+9%
Gross Profit170MM+17%
Cost Of Revenue318.6MM+5%
Operating Income-52.8MM-264%
Operating Expenses222.8MM+98%
Net Income-59.4MM-499%
G&A101.7MM+3%
Amortization10.7MM-1%
Interest Expense13.6MM-13%
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