Solid Second Quarter Performance and Outlook for Acme United

During 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 […]

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Acme United Announces Acquisition and 2010 Results

Acme 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. […]

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Acme United Releases Q3 2010 Results

Acme 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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Strong Q4 Results And 2010 Outlook For Acme United

Acme United SpeedPak

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 […]

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