Acme United CEO Walter C. Johnsen Reveals Growth Prospects For 2015 And Beyond
In today’s interview we welcome back Mr. Walter C. Johnsen, the Chairman and CEO of Acme United Corp (ACU – $17.31). The Company announced record sales and earnings for its second quarter, a couple of weeks ago, and it has plenty of growth opportunities in the coming quarters. So we had lots to talk about.
In the interview, Mr. Johnsen explains why the store closures at large office supply retail chains had an impact on sales, and he shares his opinion about Staples’ buyout offer for Office Depot and the potential consequences this might have for the Company.
The CEO provides us with plenty of critical information about the new products that are set to be launched and he talks about the exceptional success of the Cuda fishing tools brand.
The currency fluctuations of the Canadian dollar, euro, and Chinese Yuan versus the U.S. dollar, along with their influence on Acme United’s financials, also receive plenty of attention.
In addition, Mr. Johnsen reveals how he feels about the ongoing third quarter and he touches upon the significance of online sales for the Company.
Investors also find out about the importance of the celebrities that have been attracted to co-design and co-promote the Cuda and Camillus products. And we find out the latest about the significant cost savings that are being achieved with the integration of Acme’s first aid brands.
Access our interview by clicking the play button on the media player below, or download our convenient transcript.
Access our interview by clicking the play button on the media player below,
or download our convenient transcript.
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