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]

SHELTON, Conn., July 15, 2025 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) announces the purchase of a manufacturing and distribution center in Mt. Pleasant, Tennessee for approximately $6 million. The property consists of 77,000 square feet of manufacturing and warehouse space on 12 acres and is designed to be expanded by up to an additional 60,000 square feet. The facility is fully air conditioned and is built and maintained to meet FDA-approved food-grade specifications. The facility ...

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]

Financial Data and Key Metrics Changes - Acme United Corporation reported net sales of $46 million for Q1 2025, a 2% increase from $45 million in Q1 2024 [6][17] - Net income for Q1 2025 was $1.65 million, or $0.41 per diluted share, compared to $1.63 million, or $0.39 per diluted share in the same period last year, reflecting a 1% increase in net income and a 5% increase in earnings per share [18][19] - Gross margin improved to 39.0% in Q1 2025 from 38.7% in Q1 2024 [18] Business Line Data and Key Metrics Changes - The first aid business experienced a significant growth of 14% in Q1 2025, driving overall growth [7] - Sales of Westcott cutting tools were impacted by a large initial order in Q1 2024, leading to a decrease in sales this quarter [8] - The European business saw a decline of 7% in Q1 2025 due to a large promotion in 2024 that did not repeat [8] Market Data and Key Metrics Changes - Net sales in the US segment increased by 3% in Q1 2025, primarily due to higher sales of first aid and medical products [17] - Net sales in Europe declined by 4% in local currency compared to Q1 2024, attributed to timing issues [17] - Canadian net sales increased by 6% in local currency, driven by higher sales of first aid products [17] Company Strategy and Development Direction - The company is focusing on expanding its first aid and medical product lines in Europe and strengthening its sales team in Germany [9] - Acme United is exploring acquisition opportunities, particularly in the cutting tool and first aid sectors, and is looking at both geographic and product line expansions [25][26] - The company is investing in automation and efficiency improvements, including the installation of robotic systems in its production facilities [11][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the current challenging macroeconomic environment characterized by high inflation and tariff uncertainties [4][16] - The company views tariff uncertainties as an opportunity to gain market share, leveraging its strong financial position [15] - Management indicated that while there are challenges, they are optimistic about future growth and potential acquisitions [16][19] Other Important Information - The company has generated over $2 million in annual productivity savings from capital projects in production operations [14] - Acme United's bank debt less cash was $27 million as of March 31, 2025, down from $32 million a year earlier [19] Q&A Session Summary Question: Inquiry about acquisitions - Management indicated they are looking at both geographic and product line acquisitions, particularly in cutting tools and first aid [25][26] Question: Clarification on tariffs - Management discussed the uncertainty surrounding tariffs, particularly on imports from China, and how it affects pricing and inventory management [33][34] Question: Guidance for the year ahead - Management refrained from providing specific guidance due to the current volatility in costs and tariffs but indicated they are monitoring the situation closely [48][49] Question: Impact of tariffs on sourcing - Management confirmed that approximately 40% of their products are sourced from China and discussed efforts to diversify sourcing to other countries [98] Question: Performance of the first aid business - Management noted that the 14% growth in the first aid business is partly due to easier comparisons from the previous year, but they expect continued organic growth [82][84]