ACCO Brands Reports 5.1% Net Sales Increase in Q2 2026, Driven by EPOS Acquisition

ACCO Brands Corporation reported its financial results for the second quarter of 2026, revealing a net sales increase of $20.3 million, or 5.1%, reaching $415.1 million compared to $394.8 million in the same period last year. The growth was attributed to the acquisition of EPOS, which contributed $22.4 million in sales, and favorable foreign exchange impacts of $6.9 million. However, comparable sales decreased by 2.3%, reflecting a decline in organic sales volume, particularly in the International segment, which was partially offset by growth in the Americas segment's learning and creative categories.

The company's operating income for the second quarter was $30.3 million, down from $33.0 million in the prior year, primarily due to a gain on the sale of property in the previous year and increased costs related to inventory step-up amortization and a Brazil indirect tax. For the first half of 2026, net income was reported at $33.5 million, significantly higher than the $16.0 million recorded in the same period of 2025, largely due to a $36.5 million bargain purchase gain from the EPOS acquisition.

In terms of operational metrics, ACCO Brands' total assets increased to $2.32 billion as of June 30, 2026, up from $2.25 billion at the end of 2025. The company’s cash and cash equivalents also rose to $106.4 million, compared to $64.4 million at the end of the previous year. The total debt increased to $933.8 million, reflecting ongoing investments and acquisitions. The company maintained a Consolidated Leverage Ratio of approximately 4.30 to 1.00, below the maximum covenant of 4.75 to 1.00.

Strategically, ACCO Brands completed the acquisition of EPOS on January 30, 2026, enhancing its portfolio in the technology peripherals market. The integration of EPOS is expected to yield cost synergies, and the company is actively pursuing restructuring initiatives aimed at achieving annualized pre-tax cost savings of approximately $100 million by the end of 2026. The company recorded $8.0 million in restructuring costs in the first half of 2026, primarily related to the integration of EPOS.

Looking ahead, ACCO Brands anticipates continued challenges from softer global demand and geopolitical instability, which may impact future performance. The company is focused on leveraging its recent acquisitions and optimizing its operations to navigate these market conditions effectively.