Acme United CEO Walter Johnsen Discusses Online Business Opportunities and Outlook for 2018
We’re delighted to have Mr. Walter Johnson, the Chairman and CEO of Acme United Corporation (ACU – $24.75), with us today to give us an update on his Company. Mr. Johnsen starts off by delivering plenty of valuable information about the Company’s online sales activities.
He discusses the challenges and opportunities of the transition from sales to brick and mortar stores to online. He talks about how Acme tackles the higher costs associated with online sales, and he gives an overview of the Company’s best-selling products at places such as Amazon.
The interview also takes a thorough look at the performance of Spill Magic since it was acquired earlier this year. In addition, investors find out why the purchase of the First Aid Only building will add about $250,000 to Acme’s bottom line annually.
The CEO further describes the recently launched First Aid Only app, and explains the benefits for its users.
The interview also digs deeper into what’s ahead in 2018. Mr. Johnsen, reveals information on new orders that have already been secured for next year. Moreover, he provides details on the outlook for the U.S., European and Canadian segments.
Access our interview by clicking the play button on the media player below,
or download our convenient transcript.
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|Price Target: $54.84
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