ACCO Brands makes and sells branded consumer, office, and technology products for use in schools, homes, and workplaces. The core business is office and school supplies — notebooks, binders, planners, staplers, laminators, and shredders — sold under brands including Five Star, Mead, Swingline, GBC, AT-A-GLANCE, and Leitz. Roughly 75% of sales come from brands holding the No. 1 or No. 2 position in their respective categories. Technology accessories represent about 20% of sales and include Kensington computer accessories (docking stations, hubs, ergonomic peripherals targeting enterprise users) and PowerA gaming accessories (controllers and cases sold under license from Nintendo and Sony). ACCO sells through mass retailers, e-commerce, office superstores, wholesale clubs, and a direct enterprise sales force. The Americas segment accounts for roughly 59% of sales, with the U.S. back-to-school season concentrated in Q2 and Q3 as the single most important selling period. The International segment (roughly 41% of sales) covers Europe, Australia, and Asia. ACCO manufactures about 40% of its products in-house and sources the remaining 60% primarily from Asia. The legacy office supply categories face structural volume declines from hybrid work trends, so management is pivoting toward technology accessories, ergonomics, and hybrid work solutions. ACCO targets a 33–34% gross margin and deploys free cash flow primarily toward debt reduction, followed by dividends, share repurchases, and M&A.