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Acme 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 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 moreAcme United (ACU – $9.42) performed strongly during the third quarter ended September 30, 2011. The Company recorded sales of $19 million, compared to $16.1 million in the third quarter of 2010, an increase of 18%. For the third quarter of 2011, net income was $682,000, or $.22 per diluted share, compared with $612,000 or $.19 per diluted share, for […]
Read moreDuring the second quarter, ended June 30, 2011, Acme United (ACU – $10.10), the supplier of cutting devices, measuring instruments and safety products, generated sales of $24.0 million, an increase of 17% compared with the same period last year. Back to school sales were strong, Pac-Kit, which was recently acquired, is already contributing nicely and new product sales are doing […]
Read moreAcme United Corp. (ACU – $9.75) surprised us with not one, but two major announcements this week. First it said that it acquired Pac-Kit Safety Equipment Company, a manufacturer of first aid kits, which is complementary with the Company’s existing PhysiciansCare brand. Next, Acme reported fiscal year 2010 results and explained the corporate goals and strategies for the current year. […]
Read moreAcme United (NYSE Amex: ACU – $9.80) released positive third quarter 2010 results. Revenues reached $16.1 million, a 5% increase compared with $15.3 million revenues in the comparable period last year. The Company enjoyed strong back to school sales, especially to mass market retailers like Wal-Mart and Target where double digit sales growth was recorded. iPoint pencil sharpener sales again […]
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Acme United Corporation (ACU – $11.50) announced strong sales and earnings growth for its first quarter ending march 31, 2010. Sales were $13.1 million, compared to $11.3 million in the first quarter of 2009, an increase of 16%. Net income was $214,000 or $.07 per diluted share for the quarter ended March 31, 2010 compared to $42,000 or $.01 per […]
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Acme United Corporation (ACU) on Friday announced strong fourth quarter sales and earnings growth driven by the Company’s operational execution and innovative product mix. Mr. Johnsen, the Company’s Chairman and CEO, didn’t provide guidance for 2010, but he did indicate that revenues were up 17% year over year for January 2010 and that he expected strong growth for the full […]
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 Friday, Acme United Corporation (ACU – $7.20) announced sales and earnings for the first quarter ended March 31, 2009. As expected, those numbers were soft due to a reduction in orders from many of the Company’s customers as a result of the contracting global economy. However, the Company did manage to remain profitable thanks to a series of cost […]
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