Acme United Reports 3% Increase in Net Income for Third Quarter of 2024
Acme United Corporation. (ACU)
NASDAQ:AMEX Investor Relations:
acmeunited.gcs-web.com/investor-overview
Company Research
Source: GlobeNewswire
SHELTON, Conn., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended September 30, 2024 were $48.2 million compared to $50.4 million in the third quarter of 2023, a decrease of 4%. Excluding the impact of the Camillus and Cuda hunting and fishing product lines sold on November 1, 2023, net sales for the third quarter of 2024 increased 4% compared to the third quarter of 2023. Net sales for the nine months ended September 30, 2024 were $148.5 million compared to $149.6 million in the same period in 2023, a decrease of 1%. Excluding Camillus and Cuda, net sales for the nine months increased 5% compared to the same period in 2023. Net income was $2.23 million, or $0.54 per diluted share, for the quarter ended September 30, 2024 compared to $2.15 million, or $0.58 per diluted share, for the same period in 2023, an increase of 3% in net income and a decrease of 7% in diluted earnings per share. Net income fo
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ACU
News
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- Acme United Co. (NYSE: ACU) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Acme United Corporation (ACU) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Acme United: Shares Should Recover [Seeking Alpha]Seeking Alpha
ACU
Earnings
- 10/18/24 - Miss
ACU
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- 10/18/24 - Form 8-K
- ACU's page on the SEC website