Acme United Corporation. ( (ACU) ) has released its Q1 earnings. Here is a breakdown of the information Acme United Corporation. presented to its investors.
Acme United Corporation is a global supplier of innovative safety solutions and cutting technology, serving various markets including school, home, office, hardware, sporting goods, and industrial sectors. The company is known for its leading brands such as First Aid Only®, Westcott®, and Clauss®.
In its latest earnings report for the first quarter of 2025, Acme United Corporation reported a 5% increase in earnings per share, reaching $0.41, and a net sales increase of 2% compared to the same period last year. The company achieved net sales of $46.0 million and a net income of $1.65 million.
Key highlights from the report include a 14% increase in first aid sales, although sales of Westcott cutting tools declined due to a non-repeating large initial shipment in the previous year. The U.S. segment saw a 3% sales increase, while European sales decreased by 7% in U.S. dollars. Canadian sales rose by 5%, driven by strong first aid product sales.
Acme United’s management remains optimistic about future growth, citing opportunities to increase market share and potential strategic acquisitions. The company plans to manage uncertainties in the tariff environment by reducing costs and increasing prices where necessary.
Looking ahead, Acme United Corporation is poised to leverage its diversified supply base and efficient cost structures to navigate the challenging economic landscape and continue its growth trajectory.