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| Symbol (US): | ACU |
| Website: | www.acmeunited.com |
Acme United Corporation is an innovative supplier of cutting devices, measuring instruments, and safety products for school, home, office, hardware and industrial use. Its leading brands include Westcott, Clauss, Camillus, PhysiciansCare and Pac-Kit.
Acme United’s (ACU – $10.75) second quarter, ended June 30, 2012 was very strong. In fact, it were the Company’s highest quarterly sales and earnings numbers it ever achieved. Acme’s brands Westcott, Clauss, Camillus, Physicians Care and Pac-Kit all contributed to the Company’s success as each one had record quarterly sales. Net sales for the quarter reached $27.6 million, compared […]
Read moreAcme United’s (ACU – $10.59) second quarter, ended June 30, 2012 was very strong. Net sales for the quarter reached $27.6 million, compared with $24.0 million in the same period last year, or an increase of 15%. Net income for the second quarter of 2012 was $2.06 million, or $.66 per share, up 18% compared with $1.74 million, or $.56 […]
Read moreThe Board of Directors of Acme United Corporation (ACU – $10.09) declared a cash dividend of 7 cents per share. The dividend is payable on July 23, 2012 to stockholders of record on the close of business on July 2, 2012. Acme United has been paying quarterly dividends for many years and has gradually increased the amount by 1 cent […]
Read moreAfter the successful acquisition of Pac-Kit early last year, Acme United (ACU – $10.10) has again expanded its product portfolio by acquiring certain assets of The C-Thru Ruler Company, a supplier of drafting, measuring, lettering and stencil products. Acme paid approximately $1.47 million in an all cash transaction for the inventory, tooling, brands, and other intellectual property of C-Thru. However, […]
Read moreAcme United (ACU – $10.82) released excellent numbers for its first quarter, ending March 31, 2012. Sales reached $16.9 million, up 17% compared with sales of $14.4 million in the first quarter of 2011. Net income more than doubled from $120,000, or $0.04 per share, in the first quarter of 2011 to $260,000, or $0.08 per share, in the comparable […]
Read moreMr. Walter Johnsen, the Chairman and CEO of Acme United Corporation (ACU – $10.51), shares his feelings about the first quarter, which ended March 31st, in this exclusive Smallcaps.us interview. Mr. Johnsen also gives his view on the Company’s revenue guidance for 2012 and he talks about the new products that will enter stores in the coming months, and which […]
Read moreAcme United (ACU – $10.51) entered into a new loan agreement with HSBC Bank to replace the revolving loan it had with Wells Fargo Bank. The new five-year facility provides for borrowings up to $30 million (an increase of $10 million) at an interest rate of LIBOR plus 1.75% (a decrease of 25 basis points). At today’s interest rates that […]
Read moreAcme United (ACU – $10.20) released solid growth numbers for the fourth quarter and full year 2011. The Company managed to increase its net sales with 16%, from $63.1 million in fiscal year 2010 to $73.3 million in 2011. This growth was also reflected in the bottom line. Net income for the year ended December 31, 2011, was $2,811,000, or […]
Read moreAcme United (ACU – $10.06) released solid growth numbers for the fourth quarter and full year 2011. The Company managed to increase its net sales with 16%, from $63.1 million in fiscal year 2010 to $73.3 million in 2011. This growth was also reflected in the bottom line. Net income for the year ended December 31, 2011, was $2,811,000, or […]
Read moreLast month, Les Stroud supported the launch of his personalized Camillus knives by doing an autograph signing at the SHOT Show in Las Vegas. Knife World, one of the leading magazines for knife enthusiasts, took advantage of this opportunity to interview the star of the six-time Gemini-nominated hit TV series Survivorman. The result is a 5-page interview with Les Stroud […]
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