Acco Brands raises 2026 sales outlook and EPS guidance after acquiring Trust
Acco Brands reported a 1% decline in third‑quarter sales and highlighted the recent acquisition of Trust, a computer and gaming peripherals brand. The company now expects 2026 sales to grow 4%‑6% and raised its adjusted EPS guidance to $0.98‑$1.02. Management said the Trust deal will add $5‑$8 million of cost synergies in the first 18 months and expand its Technology Peripherals platform, which will generate about $500 million of pro‑forma sales annually.
Why it matters
The raised sales and EPS outlook suggests higher earnings potential for ACCO shareholders, while the identified synergies could improve margins and cash flow. Analysts will likely adjust valuation models to reflect the higher guidance and cost‑saving expectations.
Key facts
- 1Q3 sales declined 1% year over year. finance.yahoo.com
- 2Acco Brands now targets 4%‑6% sales growth for 2026. finance.yahoo.com
- 3Adjusted EPS guidance for 2026 was raised to $0.98‑$1.02. finance.yahoo.com
- 4The Trust acquisition is expected to generate $5‑$8 million of cost synergies within the first 18 months. finance.yahoo.com
- 5Pro‑forma sales from the Technology Peripherals portfolio, now including Kensington, EPOS, PowerA and Trust, will approach $500 million annually, about 30% of future sales. finance.yahoo.com
- 6EPOS cost synergies are projected at $6 million annually in 2026, rising to about $15 million by the end of 2027. finance.yahoo.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.