Acme United Price Target Increased Thanks to Record Second Quarter Sales and Earnings

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 […]

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Acme United Buys C-Thru Ruler Assets – Expected to be Accretive in 2012

After 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, […]

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