Acme United Corporation reports developments tied to its safety products and cutting technology business for school, home, office, hardware, sporting goods and industrial markets. The company sells first aid and medical products, scissors, shears, knives, rulers, sharpening tools and spill-control products through retail, e-commerce, industrial and wholesale channels across U.S., Canada and Europe segments.
Recurring ACU news includes quarterly financial results, segment sales trends, cost and tariff commentary, common-stock dividends, acquisitions and brand updates. Company updates also cover products and brands such as First Aid Only, PhysiciansCare, Spill Magic, Westcott, Clauss, DMT, Med-Nap, Elite First Aid and My Medic, including My Medic's tactical, trauma and emergency response products sold primarily through direct-to-consumer channels.
Acme United (NYSE American: ACU) has scheduled its second quarter 2025 financial results announcement for July 23, 2025 at 6:30 AM ET. The company will host a conference call to discuss the results at 12:00 PM ET on the same day.
Investors can access the call by dialing 1-877-407-0784 (US) or 1-201-689-8560 (international) using conference ID 13754188. A live webcast will be available on the company's investor relations website, with a replay accessible in the Audio Archives section.
Acme United Corporation (NYSE American: ACU) has acquired a manufacturing and distribution facility in Mt. Pleasant, Tennessee for $6 million. The facility features 77,000 square feet of manufacturing and warehouse space on 12 acres, with potential expansion capacity of up to 60,000 additional square feet.
The FDA-approved, food-grade facility will primarily serve Spill Magic, a subsidiary acquired in 2017 that has outgrown its current leased space. Spill Magic specializes in bodily fluid and spill clean-up solutions, providing absorbent powder and complete spill response systems to various sectors including retail, food service, and industrial markets.
The company plans to implement capital improvements focused on automation to transform the site into one of its most advanced and efficient operations.
Acme United (NYSE American: ACU) reported Q1 2025 financial results with net sales of $46.0 million, up 2% from $45.0 million in Q1 2024. Net income reached $1.65 million ($0.41 per diluted share), showing a 1% increase in net income and 5% growth in EPS compared to $1.64 million ($0.39 per share) last year.
First aid sales increased 14%, while Westcott cutting tools declined due to non-recurring large craft items shipment from Q1 2024. U.S. segment sales grew 3%, European sales decreased 7%, and Canadian sales rose 5%. Gross margin improved to 39.0% from 38.7%. The company reduced bank debt less cash to $27.2 million from $31.5 million year-over-year, while generating $12.0 million in free cash flow.
Acme United (NYSE American: ACU) has scheduled the release of its first quarter 2025 financial results on Thursday, April 17, 2025, at 9:00 AM Eastern Time. The company will host a conference call to discuss the results at 12:00 p.m. Eastern Time on the same day.
Investors can participate in the Q&A session by dialing 1-877-407-0784 (domestic) or 1-201-689-8560 (international) with conference ID 13752605. A live webcast will be available in the Investor Relations section of www.acmeunited.com, with a replay accessible under Investor Relations, Audio Archives.
Acme United (NYSE American: ACU) has announced its participation in the upcoming LD Micro Invitational XV event, scheduled for April 9-10, 2025, at the Westin Grand Central. Walter C. Johnsen, Chairman and CEO, will deliver a presentation on Thursday, April 10 at 11:30 AM ET.
The company will make available a slide presentation on their investor relations website at www.acmeunited.com to complement the webcast. Interested parties can register online to watch the virtual presentation.
Acme United (NYSE American: ACU) has announced its Board of Directors has declared a cash dividend of 15 cents per share on its outstanding common stock. The dividend will be payable on April 16, 2025, to stockholders of record as of the close of business on March 26, 2025.
The company is a leading worldwide supplier of innovative safety solutions and cutting technology, serving the school, home, office, hardware, sporting goods, and industrial markets. Their portfolio includes prominent brands such as First Aid Only, First Aid Central, PhysiciansCare, Spill Magic, Westcott, Clauss, DMT, Med-Nap, Safety Made, and Elite.
Acme United (NYSE American: ACU) reported strong financial results for Q4 2024, with net sales reaching $45.9 million, up 10% from Q4 2023. Full-year 2024 net sales were $194.5 million, a 2% increase from 2023. Excluding the impact of the Camillus and Cuda product lines sale, 2024 net sales grew 6%.
Q4 2024 net income was $1.70 million ($0.41 per diluted share), up 9% from adjusted Q4 2023. Full-year 2024 net income reached $10.02 million ($2.45 per diluted share), representing a 23% increase from adjusted 2023 figures.
The company's U.S. segment saw a 12% increase in Q4 sales and 2% for the full year. The acquisition of Elite First Aid in May 2024 has been fully integrated. Gross margin for 2024 improved to 39.3% from 37.7% in 2023, driven by productivity improvements. Bank debt less cash stood at $21.5 million as of December 31, 2024.
Acme United (NYSE American: ACU) has announced it will release its fourth quarter 2024 financial results on Friday, February 28, 2025, at 9:00 AM Eastern Time. The company will host a conference call to discuss these results on the same day at 12:00 p.m. Eastern Time.
Investors can participate in the question-and-answer session by dialing 1-877-407-0784 (domestic) or 1-201-689-8560 (international) with conference ID 13751131. A live webcast will be available in the Investor Relations section of Acme United's website, with a replay accessible under Investor Relations, Audio Archives.
Acme United (NYSE American: ACU) has announced that its Board of Directors has declared a cash dividend of $0.15 per share on its outstanding common stock. The dividend will be paid on January 27, 2025, to stockholders of record as of the close of business on January 6, 2025. Acme United is a global supplier of safety solutions and cutting technology, serving various markets including school, home, office, hardware, sporting goods, and industrial sectors through its portfolio of brands including First Aid Only, Westcott, Clauss, and DMT.