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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, First Aid Only, PhysiciansCare and Pac-Kit.
Earlier this week, we spoke with Rick Constantine, the Vice President of Marketing for Camillus, to get his thoughts on the Shot Show. He said it was a phenomenal success as numerous people came up to talk with him saying it was great Camillus’ knives were back. It made him conclude: “Camillus is in the veins of America”. For more […]
Read moreLast week, we wrote that Camillus will be attending the Shot Show in Las Vegas, which will be held next week. Because this is a major trade shows for Camillus, we’ll make sure to bring you coverage of the event. The Camillus booth will be packed with its new knives made out of the finest and hardest materials around. For […]
Read moreAcme United Corporation (ACU) announced on Tuesday that it won a GOOD DESIGN award from the Chicago Athenaeum, Museum of Architecture and Design, for its iPoint Evolution pencil sharpener. GOOD DESIGN is one of the oldest and most important design competitions worldwide. Each year, the Museum receives hundreds of submissions from the biggest and most famous brands like Apple, Hewlett […]
Read moreOn Friday, Acme United Corporation (ACU) reported that it donated its 2.4 acres waterfront property along the Pequonnock River in Bridgeport to the City of Bridgeport, CT. Acme United owned the property, because the former Acme Shear Company’s factory* was built on this site. The property anchors the potential redevelopment of the East Side of Bridgeport, and could provide waterfront […]
Read moreIn FY 2009, Acme United’s (ACU – $9.45) sales will decline for the first time in many years due to a general drop in demand and due to inventory reductions with its customers. In our third quarter update report we not only explain why it’s safe to assume that revenues and earnings will increase again once the economy turns around, […]
Read moreOn Thursday, Acme United Corporation (ACU – $8.40) announced that net sales for the third quarter ended September 30, 2009 were $15.3 million compared to $19.2 million in the comparable period of 2008, a decrease of 20% (19% local currency). Contributing to the decline was an unexpected order of approximately $1.2 million from a major retailer in the third quarter […]
Read moreOn Wednesday, Acme United Corporation (ACU – $10.00) announced excellent news when its Board of Directors approved a new stock repurchase program of up to 200,000 common shares. This new program goes on top of 49,335 shares that may still be repurchased under its previous program, which was announced in December of 2008. To get this in perspective, 249,335 shares […]
Read moreAlthough Acme United’s sales and earnings were impacted by the economic downturn in the second quarter, it’s encouraging to note that while net sales in the U.S. segment decreased 17% compared to the same period in 2008, sales in Canada only declined approximately 1% in local currency (down 12% in U.S. dollars) and even increased 11% in Europe in local […]
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With the second quarter a few days behind us, it’s time to find out how some of the companies that we track performed. With us to discuss the second quarter and many more interesting items that happened since our previous interview is Mr. Walter Johnsen, Exec. Chairman and CEO of Acme United Corp. (ACU – $9.00). Click the start button […]
Read moreIn this update report (pdf) we discuss Acme United’s (ACU – $7.42) first quarter results. We explain why we feel this stock is undervalued at current levels and we give an outlook for the near term future. Underneath are a few highlights from the report: Even in these difficult market circumstances, the Company was able to gain 5 large mass […]
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