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. A conference call to discuss these results will be broadcast over the internet on Friday, April 19, 2024, at 12:00 p.m. Eastern Time. To listen to or participate in a question-and-answer session, dial 1-877-407-0784, international callers dial 1-201-689-8560, conference ID: 13745527. Access to the live ...

SHELTON, Conn., March 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Acme United Corporation (NYSE: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 is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods and industrial markets. Its leading brands ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: ___________ to ___________ Commission file number: 01-07698 ACME UNITED CORPORATION (Exact Name of Registrant as Specified in Its Charter) Connecticut 06-0236700 State o ...

Acme United Corporation (NYSE:ACU) Q4 2023 Results Conference Call March 1, 2024 12:00 PM ET Company Participants Walter Johnsen - Chairman and CEO Paul Driscoll - Chief Financial Officer Conference Call Participants Jim Marrone - Singular Research Tim Call - The Capital Management Corporation Richard Dearnley - Longport Partners Sam Namiri - Ridgewood Investments Jake Patterson - Talanta Investment Group Operator Good day, welcome to the Acme United Corporation Fourth Quarter 2023 Earnings. At this time, I ...

Core Points - Acme United Corporation reported a net sales decrease of 1% for the year ended December 31, 2023, totaling $191.5 million compared to $194.0 million in 2022 [1] - The company sold its Camillus and Cuda product lines for $19.8 million on November 1, 2023, resulting in an after-tax gain of approximately $9.6 million [1][2] - The company achieved a record free cash flow of $24 million in 2023, alongside a significant reduction in debt by $13 million [3][6] Financial Performance - Net income for the year ended December 31, 2023, was $17.8 million, or $4.86 per diluted share, including the sale of Camillus and Cuda [2] - Excluding the sale, net income was $8.2 million, or $2.23 per diluted share, compared to $3.0 million, or $0.82 per diluted share in 2022 [2][13] - For the fourth quarter of 2023, net income including the sale was $11.2 million, or $2.87 per diluted share, while excluding the sale, it was $1.6 million, or $0.40 per diluted share [2][12] Sales Performance - U.S. segment net sales decreased by 6% in Q4 2023 compared to the same period in 2022, with a 2% decline when excluding the sold product lines [3] - European net sales for Q4 2023 declined by 8% in U.S. dollars and 13% in local currency, attributed to a soft economy [4] - Canadian net sales increased by 11% in U.S. dollars and 12% in local currency for Q4 2023, driven by higher sales of first aid products [4] Operational Efficiency - Gross margin improved to 39.1% in Q4 2023 from 31.9% in Q4 2022, and for the year, it increased to 37.7% from 32.8% [5] - The company successfully reduced inventory by $5 million and implemented cost-saving initiatives that generated approximately $6.5 million in savings [3][5] Future Outlook - The company anticipates growth in 2024 from new first aid customers and additional placements of cutting tools in craft and mass markets [3] - Acme United plans to continue seeking accretive acquisitions to enhance its business [3]

ACME UNITED CORPORATION NEWS RELEASE CONTACT: Paul G. Driscoll Acme United Corporation 1 Waterview Drive Shelton, CT 06484 Phone: (203) 254-6060 FOR IMMEDIATE RELEASE March 1, 2024 ACME UNITED REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2023 EARNINGS SHELTON, CT – March 1, 2024 – 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 t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to Commission file number: 01-07698 ACME UNITED CORPORATION (Exact Name of Registrant as Specified in Its Charter) Connecticut 06-0236700 State or Other Jurisdi ...

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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to Commission file number: 01-07698 ACME UNITED CORPORATION (Exact Name of Registrant as Specified in Its Charter) Connecticut 06-0236700 State or Other Jurisdiction ...

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 t ...