Quarterly ResultApr 23, 2026, 09:06 AM
Acme United Q1 2026 Sales Up 14% to $52.3M; EPS Down 41%
AI Summary
Acme United Corporation reported mixed financial results for the first quarter of 2026. Net sales increased by 14% to $52.3 million, with comparable sales up 6% excluding the My Medic acquisition. However, net income declined by 40% to $1.0 million, and diluted earnings per share fell 41% to $0.24, primarily due to higher cost of sales and increased operating expenses, including tariff-related costs.
Key Highlights
- Net sales increased 14% to $52.3 million in Q1 2026.
- Comparable sales, excluding acquisition, rose 6%.
- Net income decreased 40% to $1.0 million.
- Diluted EPS fell 41% to $0.24 per share.
- Higher cost of sales and operating expenses impacted profitability.
Price Impact
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