Acme United reports Q4 EPS 41c vs. 40c last year

Reports Q4 revenue $45.9M vs. $41.9M last year. Chairman and CEO Walter C. Johnsen said, “Acme United (ACU) delivered a strong year in 2024. Our net sales increased 6% from our core businesses and grew overall despite the sale of the Cuda and Camillus product lines for $19.8 million in November 2023. We successfully reduced costs and implemented productivity improvements that enabled us not only to offset the contribution from the business we sold, but also to generate 23% net income growth. Our acquisition of Elite First Aid in May 2024 has given us the products and knowledge to save lives with first responder kits and supplies. This acquisition has been fully integrated into our operations, and we are aggressively working to expand its distribution and sales in 2025.”