Acme United

Acme United Corp. is engaged in the supply of cutting devices, measuring instruments, and safety products for school, home, office, hardware and industrial use. The firm offers its products under the brands Camillus, Clauss, Cuda, DMT Sharpeners, First Aid Only, Med-Nap, Pac-Kit, Physicianscare, Spill Magic, Westcott, Western, and First Aid Central. It operates through the following geographical segments: United States, Canada, and Europe. The company was founded in 1867 and is headquartered in Shelton, CT.

Earnings data Q2 2024

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ACME United has shown improvements in margins and profitability, leading to a change in the rating from hold to buy. The company's debt has decreased, and its interest coverage ratio is healthy, indicating no risk of insolvency. ACME United's recent acquisition and expansion efforts suggest potential for growth in the upcoming quarters.

Acme United: The Past Year Worked Out Well, An Upgrade Is Warranted

Acme United Corporation (ACU) Q1 2024 Earnings Call Transcript

SHELTON, Conn., April 19, 2024 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended March 31, 2024 were $45.0 million compared to $45.8 million for the quarter ended March 31, 2023, a decrease of 2%. Excluding the impact of the Camillus and Cuda hunting and fishing product lines sold on November 1, 2023, sales for the first quarter of 2024 increased 1% compared to the first quarter of 2023.

Acme United Reports 39% Increase in Earnings Per Share for First Quarter of 2024

SHELTON, Conn., April 12, 2024 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for First Quarter 2024 on Friday, April 19, 2024, at 9:00 a.m. Eastern Time.

Acme United to Release First Quarter 2024 Financial Results on April 19, 2024

Presentation on Tuesday, April 9 at 3:00 PM ET Shelton, Connecticut--(Newsfile Corp. - March 26, 2024) - Acme United Corporation (NYSE American: ACU) announced today that it will present at the 14th Annual LD Micro Invitational, to be held at the Sofitel New York on April 8-9, 2024. Walter C. Johnsen, Chairman and CEO, will present on Tuesday, April 9, at 3:00 PM ET.

Acme United Corporation to Present at The LD Micro Invitational XIV

SHELTON, Conn., March 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acme United Corporation (NYSE American: ACU) declared a cash dividend of 15 cents per share on its outstanding common stock. The dividend is payable on April 19, 2024, to stockholders of record on the close of business on March 28, 2024.

Acme United Corporation Board Approves Cash Dividend

Acme United Corporation (ACU) Q4 2023 Earnings Call Transcript

SHELTON, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the year ended December 31, 2023 were $191.5 million compared to $194.0 million for the year ended December 31, 2022, a decrease of 1%. Net sales for the three months ended December 31, 2023, were $41.9 million compared to $44.1 million in the same period of 2022, a decrease of 5%. Excluding the impact of the Camillus and Cuda product lines sold on November 1, 2023, sales for the fourth quarter of 2023 declined 1% compared to the 2022 period.

Acme United Reports Strong Fourth Quarter and Full Year 2023 Earnings

SHELTON, Conn., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for the fourth quarter of 2023 on Friday, March 1, 2024 at 9:00 AM Eastern Time.

Acme United to Release Fourth Quarter 2023 Financial Results on March 1, 2024

SHELTON, Conn., Dec. 13, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Acme United Corporation (NYSE American: ACU) declared a cash dividend of 15 cents per share on its outstanding common stock. The dividend is payable on January 26, 2024, to stockholders of record on the close of business on January 5, 2024.

Acme United Corporation Board Increases Cash Dividend 7 Percent To $0.15 Per Share

Acme United has experienced significant revenue growth since 2011 and CEO Walter Johnsen remains optimistic about future growth. The company projects revenue of $300 million by 2027, driven by innovation and successful acquisitions. However, an analysis of Acme's cash flow and working capital management raises concerns about the company's value creation and acquisition strategy.

Acme United's Growth Comes At A Price

Acme United operates as a supplier of first aid and medical products, as well as other goods such as sewing and paper crafting tools. The company has grown its top line in recent years but faced profitability challenges in 2022. Management is focused on improving operational performance through cost savings initiatives and debt reduction, and the stock is attractively priced relative to cash flows.

Acme United: A Small But Diverse Prospect Investors Should Not Overlook

SHELTON, Conn., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will present at the Singular Research “Best of the Uncovered” Conference in San Francisco, Calif. on Thursday, December 7, 2023. The conference is by invitation only to Singular clients and select portfolio managers.

Acme United Corporation to Present at the Singular Research “Best of the Uncovered” Conference

SHELTON, Conn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced Acme United's Chairman and Chief Executive Officer Walter Johnsen will present at the Sidoti Micro Cap Conference being held virtually on Wednesday, November 15 and Thursday, November 16, 2023

Acme United Corporation to Present at the Sidoti Micro Cap Virtual Conference

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as sell-side advisor to Acme United Corporation on the sale of Camillus and Cuda brands to GSM Outdoors. Based in Shelton, Connecticut, Acme United is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. The Company's leading brands include First Aid Only, First Aid Central, PhysiciansCare, Pac-Kit, S.

D.A. Davidson Acts as Sell-Side Advisor to Acme United Corporation on the Sale of its Camillus and Cuda Brands to GSM Outdoors

SHELTON, Conn., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that it has sold its Camillus and Cuda hunting and fishing product lines to GSM Holdings, Inc.

Acme United Corporation Sells Hunting And Fishing Product Lines

Acme United Corporation (NYSE:ACU ) Q3 2023 Earnings Conference Call October 23, 2023 12:00 PM ET Company Participants Walter Johnsen - Chairman and Chief Executive Officer Paul Driscoll - Chief Financial Officer Conference Call Participants Richard Dearnley - Longport Partners Chris Sakai - Singular Research Timothy Call - Capital Management Corporation Operator Good day, and welcome to the Acme United Corporation's Third Quarter 2023 Earnings Call. At this time, I would like to turn the call over to Walter Johnsen, Chairman and CEO.

Acme United Corporation (ACU) Q3 2023 Earnings Call Transcript

SHELTON, Conn., Oct. 23, 2023 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Acme United Corporation (NYSE American: ACU), please note the final two financial tables should have read "Third Quarter" rather than "Second Quarter" in their headings. The corrected release follows:

CORRECTION – Acme United Reports Record Third Quarter Earnings of $0.58 Per Diluted Share

SHELTON, Conn., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the three months ended September 30, 2023 were $50.4 million compared to $49.7 million in the same period of 2022, an increase of 1%. Net sales for the nine months ended September 30, 2023 were $149.6 million compared to $149.8 million in the same period in 2022.

Acme United Reports Record Third Quarter Earnings of $0.58 Per Diluted Share

SHELTON, Conn., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for the Third Quarter of 2023 on Monday, October 23, 2023, at 9:00 AM Eastern Time.

Acme United to Release Third Quarter 2023 Financial Results on October 23, 2023

SHELTON, Conn., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that it has acquired selected assets of Hawktree Solutions, Inc., a supplier of first aid and survival kits, medical supplies, and training. The Company was in receivership and the purchase price was approximately $1.0 million.

Acme United Corporation Acquires the Assets of Hawktree Solutions, Inc.

Presentation on Tuesday, October 3 at 09:30 AM PT Los Angeles, California--(Newsfile Corp. - September 21, 2023) - Acme United Corporation (NYSE American: ACU), announced today that it will present at the 16th Annual Main Event on Tuesday, October 3 at 09:30 AM PT at the Luxe Sunset Boulevard Hotel. Walter C. Johnsen, Chairman and CEO will give the presentation.

Acme United Corporation to Present at the LD Micro Main Event XVI

Acme United Corporation (NYSE:ACU ) Q2 2023 Earnings Conference Call July 20, 2023 12:00 PM ET Company Participants Walter Johnsen - Chairman & CEO Paul Driscoll - CFO Conference Call Participants Jim Marrone - Singular Research Bill Holobowski - Sidoti & Company Richard Dearnley - Longport Partners Norman Sarafian - RBC Wealth Management Chris Sakai - Singular Research Ralph Marash - First Manhattan Company Operator Good day, and welcome to the Acme United Corporation Second Quarter 2023 Earnings. At this time, all participants are in a listen-only mode.

Acme United Corporation (ACU) Q2 2023 Earnings Call Transcript

SHELTON, Conn., July 21, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended June 30, 2023 were $53.3 million compared to $56.8 million in the second quarter of 2022, a decrease of 6%. Net sales for the six months ended June 30, 2023 were $99.2 million, compared to $100.1 million in the same period in 2022, a decrease of 1%.

Acme United Reports 35% Increase in Earnings Per Share for Second Quarter of 2023

SHELTON, Conn., July 14, 2023 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for the second quarter of 2023 on Friday, July 21, 2023 at 9:00 AM Eastern Time.

News for Acme United Stock (ACU)