Stock Data
$1.14 (1.84%)
Asset Type
Common Stock
Exchange
AMEX
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
HOUSEHOLD & PERSONAL PRODUCTS
Acme United Corporation, with roots dating back to 1867 and headquartered in Shelton, Connecticut, is a leading supplier of cutting, measuring, and safety products for the school, home, office, and industrial sectors. Its diverse product range includes scissors, knives, rulers, and first aid kits, marketed under well-known brands like Westcott, Clauss, Camillus, Cuda, and DMT. The company also specializes in fishing tools, tactical tools, and sharpening tools, catering to a wide audience through direct sales and independent representatives across the United States, Canada, Europe, and beyond. Acme United is committed to providing innovative and reliable products through retail, e-commerce, and wholesale channels.
Acme United crushed Q2 with earnings that tripled analyst expectations, as the My Medic acquisition turbo-charged margins and first aid sales jumped 10% organically. Record revenue of $63M and gross margin expansion to 42.6% signal the acquisition is already working, though tariff headwinds remain a near-term drag on profitability.
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