STOCK TITAN
  1. Home
  2. News
  3. ACU

Acme United Corp. - ACU STOCK NEWS

Welcome to our dedicated news page for Acme United (Ticker: ACU), a resource for investors and traders seeking the latest updates and insights on Acme United.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Acme United's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Acme United's position in the market.

News
Acme United to Release First Quarter 2024 Financial Results on April 19, 2024
Rhea-AI Summary
Acme United (ACU) will release its First Quarter 2024 financial results on April 19, 2024. The conference call to discuss these results will be held at 12:00 p.m. Eastern Time. Investors can access the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.47%
Tags
earnings
-
News
Acme United Corporation to Present at The LD Micro Invitational XIV
Rhea-AI Summary
Acme United (ACU) will present at the 14th Annual LD Micro Invitational on April 9, 2024. Walter C. Johnsen, Chairman and CEO, will present at 3:00 PM ET. The virtual presentation can be watched by registering on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.56%
Tags
conferences
-
News
Acme United Corporation Board Approves Cash Dividend
Rhea-AI Summary
Acme United (ACU) declared a cash dividend of 15 cents per share for its common stock, payable on April 19, 2024. The company is a global supplier of safety solutions and cutting technology to various markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.48%
Tags
dividends
News
Acme United Reports Strong Fourth Quarter and Full Year 2023 Earnings
Rhea-AI Summary
Acme United Corporation (ACU) reported a decrease in net sales for 2023 compared to 2022, with a decline of 1% for the year and 5% for the fourth quarter. The Company sold its Camillus and Cuda product lines, generating $19.8 million in sales and a gain of $9.6 million. Net income increased significantly to $8.2 million for the year and $1.6 million for the quarter, excluding the impact of the sale. The Company focused on core businesses, reduced debt by $13 million, and achieved cost savings of $6.5 million. Gross margin improved to 39.1% for the quarter and 37.7% for the year. Cash flow reached a record $24 million, and the Company is optimistic about growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.03%
Tags
earnings
-
News
Acme United to Release Fourth Quarter 2023 Financial Results on March 1, 2024
Rhea-AI Summary
Acme United Corporation (ACU) will release its Q4 2023 financial results on March 1, 2024, followed by a conference call. Investors can access the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
earnings
-
News
Acme United Corporation Board Increases Cash Dividend 7 Percent To $0.15 Per Share
Rhea-AI Summary
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. This marks Acme United’s fourteenth dividend increase since 2004.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.63%
Tags
dividends
News
Acme United Corporation to Present at the Singular Research “Best of the Uncovered” Conference
Rhea-AI Summary
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’s presentation is scheduled to take place on Track 1 at 2:00 PM Pacific Time. For investors interested in viewing presentations streamed live on the Internet, Singular is offering the conference as a webinar.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
conferences
-
News
Acme United Corporation to Present at the Sidoti Micro Cap Virtual Conference
Rhea-AI Summary
ACU: Acme United Corporation to Present at Sidoti Micro Cap Conference on November 16, 2023. Chairman and CEO Walter Johnsen to deliver webcast presentation at 10:45 AM ET. Register for free at www.sidoti.com/events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
conferences
-
News
Acme United Corporation Sells Hunting And Fishing Product Lines
Rhea-AI Summary
Acme United Corporation has sold its Camillus and Cuda hunting and fishing product lines to GSM Holdings, Inc. for $19.8 million. Acme United will recognize an after-tax gain of approximately $10.0 million. The revenues of the divested product lines were approximately $12.0 million in 2022. The net proceeds of the sale will be used to pay down $15.0 million of bank debt.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
Tags
none
News
CORRECTION – Acme United Reports Record Third Quarter Earnings of $0.58 Per Diluted Share
Rhea-AI Summary
Acme United Corporation reports net sales of $50.4 million for Q3 2023, an increase of 1% compared to the same period in 2022. Net income for the quarter was $2.2 million, a significant improvement from $64,000 in Q3 2022. The company also announced the acquisition of Hawktree Solutions, Inc. and expects it to be accretive starting in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
earnings
Stock ACU logo
Acme United Corp.

NYSE:ACU

ACU Rankings

#3936 Ranked by Market Cap
#711 Ranked by Stock Gains
#1655 Ranked by Dividends

ACU Stock Data

159.95M
3.19M
12.62%
73.43%
0.97%
Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Precious) Manufacturing
Manufacturing
Link
US
Fairfield

About ACU

acme united corporation for the past 150 years, acme united corporation, has been a leading worldwide supplier of innovative cutting, measuring, first aid and sharpening products to the school, home, office, hardware, sporting goods and industrial markets with operations in the united states, canada, europe (located in germany) and asia (located in hong kong and china). westcott is a major brand for scissors and rulers in north america, and one of the strongest worldwide. following the success in scissors and rulers, westcott extended its product line with other office tools such as paper trimmers, pencil sharpeners, math kits and more. first aid only was founded in 1988 and pioneered consultative selling and support of first aid items to large corporate customers. it operates out of a modern 54,000 square-foot facility in vancouver, washington where well over 100 people are employed. all of first aid only’s first aid kits continue to be produced in the united states. physicianscare of