Company Snapshot: Acme United Corp (ACU)

The 2024 NSC Safety Congress & Expo, hosted by the National Safety Council, took place at the Orange County Convention Center in Orlando, Florida. Known as the world’s largest annual gathering of safety professionals, this year’s NSC Safety Congress & Expo once again experienced an uptick in attendance with more than 12,600 safety, health and environmental professionals and distributors. That […]

Acme United Corporation (US: ACU – $41.51) broke its third quarter earnings record that it had established last year. The Company’s net income for the third quarter of 2024 was $2.23 million, or $0.54 per diluted share, compared to a net income of $2.15 million or $0.58 per diluted share for the same period of 2023. An increase of 3% […]

Acme United Corporation (US: ACU – $40.25) broke its third quarter earnings record that it had established last year. The Company’s net income for the third quarter of 2024 was $2.23 million, or $0.54 per diluted share, compared to a net income of $2.15 million or $0.58 per diluted share for the same period of 2023. An increase of 3% […]

Overall, Acme United’s (US: ACU – $40.51) second quarter showed robust growth and progress, underpinned by effective cost management and market expansion efforts. Net income reached $4.5 million, or $1.09 per share, a new all-time second quarter record! In the comparable period last year, the worldwide supplier of innovative safety solutions and cutting technology, had earnings of $3.4 million, or […]

Acme United Corporation (US: ACU – $43.59) had an outstanding second quarter in 2024, with net income reaching $4.5 million, or $1.09 per share. A new all-time second quarter record! In the comparable period last year, the worldwide supplier of innovative safety solutions and cutting technology, had earnings of $3.4 million, or $0.96 per diluted share. Net sales for the […]

In a strategic move to further strengthen its position in the safety and first aid market, Acme United Corporation (US: ACU – $35.49) acquired Elite First Aid Inc. The North Carolina-based company is a provider of tactical, trauma, and emergency response products. With revenues of approximately $4.2 million in 2023, Elite First Aid has established itself as a trusted name […]

Acme United Corporation (US: ACU – $40.72) reached net sales of $45.0 million for the quarter ended March 31, 2024, compared with $45.8 million in the same quarter last year. This represents a 2% decrease, reflecting the sale of the Camillus and Cuda hunting and fishing product lines in November 2023 for $19.6 million. Despite sales being more or less […]

Acme United (US: ACU – $41.10), reached net sales of $45.0 million for the quarter ended March 31, 2024, compared with $45.8 million in the same quarter last year. This represents a 2% decrease, reflecting the sale of the Camillus and Cuda hunting and fishing product lines in November 2023 for $19.6 million. Camillus and Cuda combined, achieved annual sales […]

All in all, 2023 was an excellent year for Acme United Corp. (US: ACU – $43.29). The Company decreased its net debt from $55 million at year end 2022 to $19 million one year later. Its gross margins increased as Acme successfully implemented new productivity plans. The reduction in SG&A expenses resulted in annual savings of approximately $6.5 million. And […]

Acme United Corp. (US: ACU – $39.72) reached sales of $191.5 million in 2023 compared to $194.0 million for the prior year, a decrease of 1%. This small decrease was especially due to the fact that Acme sold its Camillus and Cuda hunting and fishing product lines to GSM Holdings on November 1, 2023. Total revenues from the divested product […]