Acme United Corporation (ACU) Q2 2026 Earnings Call Transcript
Acme United Corporation. (ACU) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.48 per share.
Acme United Corporation remains a solid 'Buy' as shares have outperformed the S&P 500, rising 15.5% since November. ACU's Q1 2026 revenue rose to $52.3 million, driven by the My Medic acquisition and robust organic growth, especially in Europe and Canada. Despite top-line growth, ACU's net income fell from $1.7 million to $1 million, pressured by tariffs and inventory build-up amid geopolitical uncertainty.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 1 | $40 | $47.77 | $7.77 | 19.42% |
Ana-Maria Ignat Covestor Ltd | 23 | $947.14 | $1,081 | $133.86 | 14.13% |
Kevin Kroskey True Wealth Design LLC | 3 | $144 | $141 | -$3 | -2.08% |
| VIM Vinva Investment Management Ltd. Vinva Investment Management Ltd. | 4,283 | $192,349.53 | $201,729.3 | $9,379.77 | 4.88% |
Christopher C. Powers Farther Finance Advisors, LLC | 4 | $191 | $188 | -$3 | -1.57% |
| Household Products Industry | Consumer Staples Sector | Walter C. Johnsen CEO | AMEX Exchange | 004816104 CUSIP |
| US Country | 649 Employees | 2 Jul 2026 Last Dividend | 26 Jul 1983 Last Split | 7 Sep 1984 IPO Date |
Acme United Corporation, with a foundation laid in 1867, has evolved from its initial identity as Acme Shear Company to a prominent supplier serving a diverse market including school, home, office, hardware, sporting goods, and industrial sectors across the United States, Canada, Europe, and internationally. The company boasts a headquarters in Shelton, Connecticut, and has widened its reach and product line comprehensively over the years. Its name change in 1971 marked a significant transition, underlining its expansion and diversification into various consumer and industrial products beyond its original offerings.
Acme United Corporation's diverse range of products is specifically designed to cater to different sectors, ensuring quality, innovation, and practicality. These offerings include: