Welcome to our dedicated page for Acme United news (Ticker: ACU), a resource for investors and traders seeking the latest updates and insights on Acme United stock.
Acme United Corporation (NYSE American: ACU) is regularly featured in corporate news for its activities as a worldwide supplier of safety solutions and cutting technology to the school, home, office, hardware, sporting goods and industrial markets. Company press releases cover topics such as quarterly financial results, dividend declarations, facility investments, and brand initiatives.
Investors following ACU news will see detailed quarterly earnings announcements that discuss net sales, gross margin, operating income and net income, along with performance in the United States, Canada and Europe segments. These releases often highlight trends in first aid and medical products, school and office products, and cutting tools, as well as commentary on tariffs, supply chains, and other factors affecting the business.
Acme United’s news flow also includes Board decisions on cash dividends, with disclosures of dividend amounts per share and related record and payment dates. The company has reported multiple dividend increases, reflecting Board actions over time. In addition, news items describe acquisitions and capital investments, such as the purchase of a manufacturing and distribution facility in Mt. Pleasant, Tennessee for the Spill Magic business.
Brand and marketing developments appear in ACU news as well. For example, the company has announced initiatives linked to its Westcott brand, which it describes as the #1 scissor brand in the USA, including the launch of National Scissors Day. Updates related to first aid brands such as First Aid Only, First Aid Central, PhysiciansCare, Pac-Kit, Med-Nap, Safety Made and Elite/Elite First Aid, as well as Spill Magic, Clauss and DMT, may also be covered.
By monitoring the ACU news page, readers can review official press releases that provide context on Acme United’s financial performance, capital allocation decisions, operational developments, and brand activities as disclosed by the company.
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.
Acme United (NYSE American: ACU) has announced its participation in the 16th Annual Southwest IDEAS Investor Conference at The Statler in Dallas, TX on November 20-21, 2024. Walter C. Johnsen, Chairman and CEO, will deliver a presentation on Thursday, November 21st at 2:00 PM CT (3:00 PM ET) and conduct one-on-one meetings. The presentation will be available virtually through a webcast, and accompanying slides will be accessible on the company's Investor Relations webpage.
Acme United (NYSE American: ACU) has announced its participation in the LD Micro Main Event XVII 2024, scheduled for October 29-30, 2024, at the Luxe Sunset Boulevard Hotel. Walter C. Johnsen, Chairman and CEO, will deliver a presentation on Tuesday, October 29, 2024, at 10:30 AM PT. The presentation will be available virtually through a webcast, and accompanying slides will be accessible on the company's Investor Relations webpage at www.acmeunited.com.
Acme United (NYSE American: ACU) has announced its participation in the LD Micro Main Event XVII 2024, scheduled for October 29-30, 2024, at the Luxe Sunset Boulevard Hotel. Walter C. Johnsen, Chairman and CEO, will deliver a presentation on Tuesday, October 29, 2024, at 10:30 AM PT.
Interested parties can register to watch the virtual presentation through a provided link. Additionally, the company will post a slide presentation referenced during the webcast on the Investor Relations page of their official website, www.acmeunited.com.
This event provides an opportunity for Acme United to showcase its business to potential investors and industry professionals, potentially impacting its stock performance and market visibility.