Acme United Reports Strong Fourth Quarter and Full Year 2023 Earnings
Acme United Corporation. (ACU)
NASDAQ:AMEX Investor Relations:
acmeunited.gcs-web.com/investor-overview
Company Research
Source: GlobeNewswire
SHELTON, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the year ended December 31, 2023 were $191.5 million compared to $194.0 million for the year ended December 31, 2022, a decrease of 1%. Net sales for the three months ended December 31, 2023, were $41.9 million compared to $44.1 million in the same period of 2022, a decrease of 5%. Excluding the impact of the Camillus and Cuda product lines sold on November 1, 2023, sales for the fourth quarter of 2023 declined 1% compared to the 2022 period. On November 1, 2023, the Company sold its Camillus and Cuda hunting and fishing product lines to GSM Holdings, Inc. The sales price was $19.8 million, of which $1.5 million is subject to customary escrow requirements. The Company recognized an after-tax gain on the sale of approximately $9.6 million during the fourth quarter of 2023. The revenues from the divested product lines were approximately $12.0 mill
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ACU
News
- Acme United Corporation (AMEX:ACU) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Acme United: The Past Year Worked Out Well, An Upgrade Is Warranted [Seeking Alpha]Seeking Alpha
- Acme United Reports 39% Increase in Earnings Per Share for First Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- Acme United Reports 39% Increase in Earnings Per Share for First Quarter of 2024GlobeNewswire
- Acme United to Release First Quarter 2024 Financial Results on April 19, 2024GlobeNewswire
ACU
Earnings
- 4/19/24 - Beat
ACU
Analyst Actions
- 2/15/24 - TheStreet
ACU
Sec Filings
- 4/24/24 - Form 8-K
- 4/23/24 - Form 144
- 4/19/24 - Form 8-K
- ACU's page on the SEC website