ACCO Brands Posts First Quarter EPS of $0.08 Versus $(0.01); Adjusted EPS of $0.07 Versus $0.08; North America Sales up 5 Percent
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO), today announced its first quarter earnings for the period ended March 31, 2020. 1Q EPS of $0.08 versus $(0.01) in prior year Adjusted 1Q EPS of $0.07 versus $0.08 in 2019 1Q net sales $384.1 million, down 3 percent North America sales grew 5 percent Declared dividend of $0.065 per share Amended bank covenant to provide increased financial flexibility Initiated broad incremental cost reduction actions "Thanks to the hard w
ACCO Brands Posts First Quarter EPS of $0.08 Versus $(0.01); Adjusted EPS of $0.07 Versus $0.08; North America Sales up 5 Percent
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO), today announced its first quarter earnings for the period ended March 31, 2020. 1Q EPS of $0.08 versus $(0.01) in prior year Adjusted 1Q EPS of $0.07 versus $0.08 in 2019 1Q net sales $384.1 million, down 3 percent North America sales grew 5 percent Declared dividend of $0.065 per share Amended bank covenant to provide increased financial flexibility Initiated broad incremental cost reduction actions "Thanks to the hard w