ACME UNITED CORP

Acme United Corporation's Board of Directors declared a cash dividend of $0.16 per share on its outstanding common stock. The dividend is scheduled to be paid on July 23, 2026, to stockholders of record as of the close of business on July 2, 2026. Acme United is a global supplier of innovative safety solutions and cutting technology.

ACME UNITED Corporation acquired the assets of My Medic for $18.6 million on January 15, 2026, which contributed $3.4 million in revenue for the quarter. For the first quarter of 2026, consolidated net sales increased 14% to $52.3 million, with comparable sales up 6%. However, net income decreased to $0.985 million from $1.653 million in the prior year, primarily due to higher cost of sales, increased SG&A expenses from the acquisition, and higher tariff-related costs in the U.S. segment.

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.

Acme United Corporation reported a 14% increase in net sales to $52.3 million for Q1 2026, with comparable sales up 6% excluding the My Medic acquisition. However, net income decreased by 40% to $1.0 million, or $0.24 per diluted share, primarily due to higher cost of sales and operating expenses, including tariff-related costs and one-time quality assurance investments. The company is implementing cost-saving measures and proactively purchasing $10 million in additional inventory in anticipation of supply chain disruptions.

Acme United Corporation (ACU) announced it will release its first-quarter 2026 financial results on Thursday, April 23, 2026, at 6:30 AM Eastern Time. The company will host a conference call to discuss these results on the same day at 12:00 p.m. Eastern Time. Investors can access the live webcast through the company's website or participate via dial-in.