Company Snapshot: Acme United Corp (ACU)

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 […]

Cuda, the fishing tools brand of Acme United (ACU – $21.28), again made heads turn at the annual ICAST show in Orlando, Florida. The event was a phenomenal success. Thanks to the introduction of more than 30 new tools, plenty of existing and potential customers stopped by at the Cuda booth. In addition, the brand attracted the attention of the […]

After already having achieved an outstanding first quarter, Acme United (ACU – $21.69) set a new all-time sales and earnings record in its second quarter, ended June 30, 2016. Sales for the three months ended June 30, 2016, reached $41.0 million, up 21% compared with sales of $34.0 million in the second quarter of 2015. Net income in the second […]

A few days ago, we visited the European team of Acme United (ACU – $18.25) at the European Fishing Tackle Trade Exhibition (EFTTEX). We got a good impression of the Company’s Cuda and DMT tools, and how well they are being received in the European marketplace. The 35th edition of EFTTEX was held in the RAI Exhibition center in Amsterdam, […]

For today’s interview, we’re excited to sit down with Mr. Walter C. Johnsen, the Chairman and CEO of Acme United Corp (ACU – $17.29). 2015 was the seventh consecutive year of record performance for Acme United, and that trend has continued in the first quarter of 2016. So we’re very curious to find out how that growth was achieved and […]

2015 was the seventh consecutive year of record performance for Acme United Corp (ACU – $17.29), and that trend has continued in the first quarter of 2016. During the three months period, ended March 31, 2016, Acme posted an 11% increase in revenues and even a 30% rise in net income. Both sales and earnings set a new first quarter […]

Acme United (ACU – $17.50), the worldwide supplier of cutting devices, measuring instruments and first-aid products for school, home, office, industrial and hardware use, began the year very strong, posting an 11% increase in revenues and even a 30% rise in net income. Both revenues and earnings set a new first quarter record. Westcott scissors and iPoint pencil sharpener sales […]

For 2016 Acme United’s (ACU – $16.75) goals are to grow it revenues to approximately $120 million and its net income to $5.6 million. An increase of 9% and 17% respectively compared with 2015. Growth is expected to come from all brands, which are expanding their distribution and launching new products. Westcott, for example, will start to see the full […]

Last week, the European division of Acme United (ACU – 16.15) hosted booths at two major European trade shows. These were the initial events that Acme attended after its acquisition of Diamond Machining Technology (DMT) last month. The team learned that the diamond sharpening tools brand has plenty of growth opportunities, both in the number of market segments where the […]