Wednesday, ACCO Brands Corp. (ABD) said its third-quarter reported net income was $1.3 million or $0.02 per share compared with a loss of $32.7 million or $0.60 per share in the prior year period.
Excluding charges, adjusted income from continuing operations for the quarter fell to $8.7 million or $0.15 per share from $12.6 million or $0.23 per share,in the year-ago period. On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.19 per share for the quarter.
Net sales for the quarter decreased 21%, to $322.5 million from $410.8 million in the earlier quarter.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.