Acme United reports Q3 EPS 46c vs. 54c last year

Reports Q3 revenue $49.1M vs. $48.2M last year. CEO Walter Johnsen said, “We have continued to effectively manage through tariff-related uncertainties. Our first aid revenues increased 9% due to strong online and refill sales. Revenues from our Westcott cutting tools continued to be reduced, however, by the impact of the tariff environment on our customers, which has resulted in our customers’ cancellation of nearly all retail promotions. We are now experiencing increased promotional activity as buyers are again focused on growing sales. We are pleased that Acme United’s (ACU) business continued to be profitable, with operating income increasing 3%. In addition, we continue to reduce debt and, as a result of our strong balance sheet, the company is well-positioned for growth, both internally and through acquisitions, particularly in the first aid space.”