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ACU Acme United News Story

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Acme United Q3 sales rise, helped by strong first aid sales

Overview

Acme United Q3 sales rose 2% yr/yr but missed analyst expectations

Net income for Q3 fell 14% due to higher tax rate

Company's first aid revenues increased 9% amid strong online and refill sales

Outlook

Acme United is experiencing increased promotional activity

Company continues to manage through tariff-related uncertainties

Result Drivers

FIRST AID SALES - Strong online and refill sales boosted first aid revenues by 9%

TARIFF IMPACT - Tariff environment led to reduced sales of Westcott cutting tools and cancellation of retail promotions

OPERATING INCOME - Operating income increased 3% despite challenges, supported by effective management

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesMiss$49.06 mln$50.70 mln (2 Analysts)
Q3 Net Income$1.9 mln
Q3 Basic EPS$0.50
Q3 Gross Profit$19.19 mln
Q3 Operating Income$3 mln
Q3 Pretax Profit$2.43 mln
Analyst Coverage The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy." Wall Street's median 12-month price target for Acme United Corp is $50.50, about 23.9% above its October 20 closing price of $38.45 The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago Press Release: ID:nGNXb4NXGl For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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