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Acme United Reports 12% Increase in Earnings per Share for the Fourth Quarter of 2025
Globenewswire· 2026-02-26 11:30
Core Insights - Acme United Corporation reported a 3% increase in net sales for Q4 2025, reaching $47.5 million compared to $45.9 million in Q4 2024, and a 1% increase for the full year, totaling $196.5 million compared to $194.5 million in 2024 [1] Financial Performance - Net income for Q4 2025 was $1.9 million, or $0.46 per diluted share, reflecting a 10% increase in net income and a 12% increase in diluted earnings per share compared to Q4 2024 [2] - For the full year 2025, net income was $10.2 million, or $2.49 per diluted share, which is a 2% increase in both net income and diluted earnings per share compared to 2024 [2] Business Operations - The company faced challenges in 2025 due to customer uncertainty and increased costs from tariffs, which were imposed in April and fluctuated throughout the year. Retail sales were particularly affected as customers postponed and canceled promotions [3] - In January 2026, Acme United acquired My Medic for $18.7 million, which generated approximately $19 million in revenue in 2025. The integration of My Medic is expected to enhance revenue through expanded product offerings and distribution [3] Segment Performance - U.S. segment net sales remained constant in Q4 2025 compared to Q4 2024, but declined by 1% for the full year due to lower sales of school and office products, despite strong sales in first aid and medical products [4] - European net sales increased by 31% in U.S. dollars and 22% in local currency for Q4 2025, with a full-year increase of 8% in U.S. dollars and 4% in local currency compared to 2024 [5] - Canadian net sales rose by 14% in both U.S. dollars and local currency for Q4 2025, with the same percentage increase for the full year, driven by strong sales of first-aid products [6] Profitability Metrics - Gross margin for Q4 2025 was 38.2%, slightly down from 38.7% in Q4 2024, while the full-year gross margin was 39.4%, up from 39.3% in 2024 [7] Financial Position - As of December 31, 2025, the company's bank debt less cash was $18.1 million, down from $21.5 million in 2024. The company generated approximately $13.6 million in free cash flow and distributed about $2.3 million in dividends during the year [8]
Acme United to Release Fourth Quarter 2025 Financial Results on February 26, 2026
Globenewswire· 2026-02-19 14:00
SHELTON, Conn., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) will release its financial results for Fourth Quarter 2025 on Thursday, February 26, 2026, at 6:30 AM Eastern Time. A conference call to discuss these results will be broadcast over the internet on Thursday, February 26, 2026, 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: 13758729. Access to t ...
Acme United Reports 2% Increase In Net Sales For The Third Quarter Of 2025
Globenewswire· 2025-10-21 10:30
Core Insights - Acme United Corporation reported a 2% increase in net sales for Q3 2025, reaching $49.1 million compared to $48.2 million in Q3 2024 [1] - Net income for Q3 2025 decreased by 14% to $1.9 million, or $0.46 per diluted share, primarily due to a lower effective tax rate compared to the previous year [2] - The company maintained profitability with a 3% increase in operating income, while also reducing debt significantly [5] Sales Performance - Net sales for the U.S. segment increased by 1% in Q3 2025, driven by strong sales in first aid and medical products, although school and office product sales declined due to tariff uncertainties [5] - European net sales rose by 13% in U.S. dollars for Q3 2025, attributed to higher sales of school and office products through e-commerce channels [6] - Canadian net sales increased by 5% in U.S. dollars for Q3 2025, with a notable 14% increase for the nine-month period, largely due to strong first-aid product sales [7] Financial Metrics - Gross margin improved to 39.1% in Q3 2025 from 38.5% in Q3 2024, and for the nine-month period, it increased to 39.8% from 39.0% [8] - The company's bank debt decreased to $23.1 million as of September 30, 2025, down from $26.7 million a year earlier, while generating approximately $11.1 million in free cash flow [9] Management Commentary - The Chairman and CEO highlighted effective management through tariff-related uncertainties and noted a 9% increase in first aid revenues due to strong online and refill sales [4] - The company is well-positioned for growth, particularly in the first aid sector, and is focused on reducing debt while exploring acquisition opportunities [5]
Acme United to Release Third Quarter 2025 Financial Results on October 21, 2025
Globenewswire· 2025-10-14 12:21
Core Viewpoint - Acme United Corporation is set to release its financial results for Q3 2025 on October 21, 2025, at 6:30 AM Eastern Time, followed by a conference call at 12:00 PM Eastern Time to discuss the results [1]. Company Information - Acme United Corporation is a leading global supplier of innovative safety solutions and cutting technology across various markets, including school, home, office, hardware, sporting goods, and industrial sectors [3]. - The company’s prominent brands include First Aid Only®, First Aid Central®, PhysiciansCare®, Spill Magic®, Westcott®, Clauss®, DMT®, Med-Nap, Safety Made, and Elite [3]. Conference Call Details - The conference call discussing the financial results will be accessible via the internet, with a dial-in option for participants [1][2]. - The replay of the conference call will be available in the Audio Archives section under Investor Relations on the company's website [2].
Acme United Reports Record Net Income for Second Quarter of 2025
Globenewswire· 2025-07-23 10:30
Core Insights - Acme United Corporation reported a net sales decrease of 3% for Q2 2025 compared to Q2 2024, totaling $54.0 million [1] - The company achieved a net income of $4.8 million for Q2 2025, reflecting a 7% increase from $4.5 million in Q2 2024 [2] - The CEO highlighted the company's successful navigation through tariff uncertainties and the completion of the most profitable quarter in its history [3] Financial Performance - Net sales for the six months ended June 30, 2025, were $100.0 million, a slight decrease from $100.4 million in the same period in 2024 [1] - Gross margin improved to 41.0% in Q2 2025 from 40.8% in Q2 2024, and for the six-month period, it was 40.1% compared to 39.9% in 2024 [6] - The company generated approximately $12.0 million in free cash flow and distributed about $2.2 million in dividends during the twelve months ended June 30, 2025 [7] Segment Performance - U.S. segment net sales decreased by 5% in Q2 2025, primarily due to cancellations of back-to-school orders linked to high tariffs [3] - European net sales for Q2 2025 decreased by 3% in U.S. dollars and 6% in local currency, attributed to shipment delays [4] - Canadian net sales increased significantly by 28% in Q2 2025, driven by strong sales of first-aid products [5] Strategic Initiatives - The company has diversified its supply base through acquisitions in the U.S. and Canada and is actively shifting production to optimize costs and service [3] - Acme United's sourcing team maintains a presence in multiple countries, including China, India, and Vietnam, to enhance supply chain resilience [3]
Acme United to Release Second Quarter 2025 Financial Results on July 23, 2025
Globenewswire· 2025-07-16 14:20
Core Points - Acme United Corporation will release its financial results for Q2 2025 on July 23, 2025, at 6:30 AM Eastern Time [1] - A conference call to discuss these results will take place on the same day at 12:00 PM Eastern Time, with dial-in options provided [1] - The company is a leading supplier of safety solutions and cutting technology across various markets, including school, home, office, and industrial sectors [3] Financial Information - The financial results announcement is scheduled for July 23, 2025, at 6:30 AM Eastern Time [1] - The conference call for discussing the results will be held at 12:00 PM Eastern Time on the same day [1] Company Overview - Acme United Corporation specializes in innovative safety solutions and cutting technology [3] - The company’s notable brands include First Aid Only®, Westcott®, and Spill Magic® among others [3] - More information about the company can be found on its website [3]
Acme United Corporation Board Increases Cash Dividend 7 Percent to $0.16 Per Share
Globenewswire· 2025-06-18 14:29
Group 1 - Acme United Corporation declared a cash dividend of 16 cents per share, payable on July 24, 2025, to stockholders of record on July 3, 2025 [1] - This marks the fifteenth dividend increase since 2004, indicating the company's optimistic outlook for the future and commitment to returning value to shareholders [2] - Acme United is a leading supplier of safety solutions and cutting technology across various markets, with notable brands including First Aid Only®, Westcott®, and Clauss® [2] Group 2 - The company emphasizes its innovative approach in providing safety solutions and cutting technology to diverse sectors such as education, home, and industrial markets [2] - The forward-looking statements made by the company are based on current beliefs and assumptions, highlighting the potential for future growth and development [3][4] - Investors are advised that forward-looking statements involve risks and uncertainties that could affect the company's business and financial results [5]