Company Snapshot: Acme United Corp (ACU)

Acme United Corporation (ACU – $24.60) is a worldwide supplier of cutting devices, measuring instruments and first-aid products for school, home, office, industrial and hardware use. 2016 was another record year for Acme United. Net sales for the year ended December 31, 2016 were $124.6 million, compared to $109.8 million in 2015, an increase of 13%. Net income for the […]

Acme United (ACU – $25.41), the worldwide supplier of cutting devices, measuring instruments and first-aid products for school, home, office, industrial and hardware use, achieved record sales and earnings in fiscal year 2016. More sales growth is expected in 2017 and beyond. The Westcott school and office products brand saw strong growth in its scissors and pencil sharpener business. Thanks […]

Rick Constantine, the VP Marketing and General Manager at Acme United Corp (ACU – $25.97) said that the past Shooting, Hunting and Outdoor Trade (SHOT) Show was the best to date for the Company’s Camillus, Western and DMT brands. He commented, “SHOT is always very productive for us, giving us time to meet with our existing clientele and a chance […]

Acme United Corporation (ACU – $24.59) acquired Spill Magic, Inc. for $7.2 million in cash. Spill Magic manufactures a wide variety of spill pickup products that help companies dramatically reduce slip and fall accidents with customers and employees. The Santa Ana, California based company manufactures cutting edge absorbents, with proprietary formulation, that can handle anything from liquid spills, hazardous material […]

Acme United (ACU – $24.59) has won the prestigious 2017 Teachers’ Choice Award for its Westcott heavy duty electric pencil sharpener. Learning magazine – the organizer of the Teachers’ Choice Award – selected the Westcott sharpener for exceptional quality and outstanding performance in an educational setting. For over 20 years, the Teachers’ Choice Awards have heralded the very best in […]

Acme United’s (ACU – $23.19) stock reached $24.09 on Tuesday, setting a new record high. The innovative supplier of cutting devices, measuring instruments, and first aid products, announced a 10 cent quarterly dividend this week. More importantly though, the Company has constantly grown its sales and earnings the past several years. This is being rewarded by shareholders that want a […]

Acme United’s (ACU – $21.40) sales in the third quarter, ended September 30, 2016, were $31.9 million, up 7% compared with the same period last year. Net income for Q3 2016 was $1.5 million, or $0.40 per share, a strong increase of 22% in net income and 21% in EPS. Especially Westcott, the school, home and office products brand, continued […]

For the second quarter in a row, Acme United (ACU – $20.60) has increased its sales and earnings guidance for 2016. Thanks to an outstanding performance of all its brands in the first nine months of the year, the Company now expects to generate revenues of $124 million and earnings per share of $1.63 in 2016. This is up from […]

New product development is truly in the DNA of Acme United (ACU – $19.61). The Company’s quest for innovation is reflected by its ongoing goal of generating at least 30% of its sales from products developed in the last 3 years. In order to achieve this goal, well thought-out products are brought to the market almost on a constant basis. […]

After already having achieved an outstanding first quarter, Acme United (ACU – $20.98) set a new all-time sales and earnings record in its second quarter, ended June 30, 2016. During that three months period, the Company posted a 21% increase in both sales and earnings compared with the second quarter of 2015. Record back-to-school sales, led by Westcott kid scissors […]