In the first quarter, the Company expects comparable sales to be down in a range of 5.0% to 8.0% and adjusted loss per share within a range of ($0.03) to ($0.05). First quarter loss per share, reflects fixed cost deleveraging as this is seasonally the smallest sales quarter of the year.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACCO: