Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 41

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 41
---
 an overall understanding of our past and future financial performance. Comparable sales should not be considered in isolation or as a substitute for, or superior to, GAAP net sales and should be read in connection with the Company's consolidated financial statements presented in accordance with GAAP and contained in Part II, Item 8 of this report.

The following tables provide a reconciliation of GAAP net sales as reported to non-GAAP comparable sales by segment:

    Comparable Sales - Year Ended December 31, 2024

    Non-GAAP

    (in millions)
    GAAP Net Sales
     
    Currency Translation
    Comparable Sales

    ACCO Brands Americas
    $999.9
     
    $(16.7)
    $1,016.6

    ACCO Brands International
    666.3
     
    (2.6)
    668.9

    Total
    $1,666.2
     
    $(19.3)
    $1,685.5

38

    Amount of Change - Year Ended December 31, 2024 compared to the Year Ended December 31, 2023

    $ Change - Net Sales

    Non-GAAP

    (in millions)
    GAAP Net Sales Change
     
    Currency Translation
    Comparable Sales

    ACCO Brands Americas
    $(135.8)
     
    $(16.7)
    $(119.1)

    ACCO Brands International
    (30.8)
     
    (2.6)
    (28.2)

    Total
    $(166.6)
     
    $(19.3)
    $(147.3)

    % Change - Net Sales

    Non-GAAP

    GAAP Net Sales Change
     
    Currency Translation
    Comparable Sales

    ACCO Brands Americas
    (12.0)%
     
    (1.5)%
    (10.5)%

    ACCO Brands International
    (4.4)%
     
    (0.4)%
    (4.0)%

    Total
    (9.1)%
     
    (1.1)%
    (8.0)%

39