ACCO Stock Jumps 26% on Third-Quarter Results Boosted by Tariff Refunds
The maker of Kensington and Five Star products raised its full-year outlook after closing its Trust acquisition on Oct. 1.

Key points
- ACCO shares rose 26.1% Friday to $5.50 after the company reported third-quarter results and raised its 2026 outlook
- Net tariff refunds added $15.1 million to operating income, or $0.11 per diluted share
- Adjusted diluted EPS was $0.28; full-year adjusted EPS guidance is $0.98 to $1.02
- Trust acquisition closed Oct. 1; comparable sales fell 6.2%
ACCO Brands (NYSE: ACCO) shares rose 26.1% on Friday, Oct. 30, 2026, closing at $5.50 against a previous close of $4.36. The S&P 500 ETF (SPY) fell 1.77% over the same session, and ACCO traded on about 7.9 times its usual volume.
The move followed the company's third-quarter report. In an 8-K filed the day before, ACCO attached a press release reporting net sales of $380.3 million, down 0.9% from a year earlier, and diluted earnings per share of $0.12. Adjusted diluted EPS was $0.28, and both figures include $0.11 per share in net tariff refunds.
Tariff refunds lift profit
The company said net tariff refunds added $15.1 million to operating income in the quarter, lifting the consolidated adjusted operating margin by 400 basis points. Adjusted operating income rose to $47.8 million from $39.2 million a year earlier. Management said underlying operations were in line with its outlook.
Outlook raised
ACCO raised its full-year 2026 outlook to reflect the tariff refunds and the acquisition of Trust, a European maker of computer and gaming accessories. The company now expects reported sales to rise 4.0% to 6.0% and full-year adjusted EPS of $0.98 to $1.02, including $0.12 from the tariff refund. It also expects free cash flow of about $100 million and a year-end leverage ratio of about 3.5x.
Comparable sales fell
Comparable sales declined 6.2% in the quarter, and the company attributed the weakness in technology peripherals to industry-wide challenges. The company's filings do not link the share move to any analyst action, and the press release does not address trading in its shares.
The 10-Q filed Oct. 30 contains the full quarterly financial statements.
Sources
Written with AI from SEC filings and market data, and checked against those sources before publishing. Our editorial standards.
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