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Acme United Corporation. (ACU)
:ACU
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.53Last Year’s EPS
0.39Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: 0.90%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Positive
The earnings call for Acme United Corporation presented a positive sentiment with several notable achievements including record net sales, successful debt reduction, and growth in key business segments. However, there were some challenges, such as a slight decline in European sales and increased SG&A expenses due to inflation. Despite these lowlights, the company's strong performance and strategic initiatives indicate a positive outlook.Company Guidance
During the fourth quarter of 2024 earnings call, Acme United reported a robust performance with record net sales of $194.4 million and a record EBITDA of $20 million for the year. The company experienced a net income increase of 23% to $10 million compared to 2023, while earnings per share rose by 10% to $2.45. Despite the sale of its Cuda and Camillus hunting and fishing business, resulting in a $9 million revenue reduction, Acme achieved a 6% increase in net revenues adjusted for the sale. The First Aid business generated approximately $120 million in revenue, with first aid kit refills accounting for $30 million. The Westcott cutting and DMT sharpening business reported approximately $75 million in net revenues, marking a 10% growth. Productivity initiatives led to over $2 million in annual savings, while SG&A expenses were $62 million for the year, comprising 32% of sales. The gross margin improved to 39.3% from 37.7% in 2023, driven by productivity improvements. The company anticipated challenges with tariffs in 2025 but expressed confidence due to its diversified sourcing strategy and pricing power.Record Net Sales and Growth
Acme United reported record net sales of $194.4 million and record EBITDA of $20 million for the fiscal year 2024. Net income increased by 23% to $10 million compared to 2023.
Successful Sale and Debt Reduction
The company sold its Cuda and Camillus hunting and fishing business for $19.8 million, using the $15 million after-tax proceeds to reduce debt and position for growth, representing a return of over 100x investment.
First Aid Business Growth
The First Aid business had strong performance with revenues of approximately $120 million. The introduction of SmartCompliance first aid cabinets with RFID technology supported growth.
Westcott and DMT Business Expansion
Westcott cutting and DMT sharpening businesses saw net revenues of approximately $75 million, an increase of 10% compared to 2023, aided by market share gains and new product introductions.
Productivity Initiatives Success
Productivity initiatives resulted in over $2 million in annual savings, with improvements in warehouse operations and cost reductions in several areas.
Warehouse Expansion
New warehouse racking increased capacity by 30% in the Rocky Mount, North Carolina distribution center, positioning for additional growth.
Strong Performance in Canada and Europe
Business operations in Canada and Europe performed well with strategic investments and facility expansions.
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ACU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ACU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $37.61 | $38.94 | +3.54% |
| Oct 18, 2024 | $43.44 | $40.88 | -5.89% |
| Jul 19, 2024 | $36.62 | $38.04 | +3.88% |
| Apr 19, 2024 | $42.33 | $37.97 | -10.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Acme United Corporation. (ACU) report earnings?
Acme United Corporation. (ACU) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is Acme United Corporation. (ACU) earnings time?
Acme United Corporation. (ACU) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACU EPS forecast?
ACU EPS forecast for the fiscal quarter 2025 (Q1) is 0.53.
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