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ACCO Brands: the school-supplies cash cow trying to outrun office-product decay

ACCOResearch reportPosted by Goglides ResearchMay 13, 2026
NYSEACCOCoverage BootstrapConsumer Products

Thesis summary

ACCO still owns familiar school, office, and technology-accessory brands, but the 2025 file is a cash-flow test: comparable sales fell, tariffs disrupted purchasing, leverage stayed high, and Q1 2026 growth leaned on EPOS and foreign exchange.

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ACCO still owns familiar school, office, and technology-accessory brands, but the 2025 file is a cash-flow test: comparable sales fell, tariffs disrupted purchasing, leverage stayed high, and Q1 2026 growth leaned on EPOS and foreign exchange.

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