Acme United (ACU) Misses Q2 EPS by 2c

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Acme United Reports Second Quarter Sales and Earnings

July 22, 2015 9:00 AM EDT

New Camillus® Knives, First Aid Only® and Westcott® Initiatives Planned for 2H 2015

FAIRFIELD, Conn.--(BUSINESS WIRE)-- Acme United Corporation (NYSE MKT: ACU) today announced that net sales for the second quarter ended June 30, 2015 were $34.0 million, compared to $33.4 million in the comparable period of 2014, an increase of 2%, or 4% in constant currency. Net sales for the six months ended June 30, 2015 were $56.8 million, compared to $52.5 million in the same period in 2014, an increase of 8%, or 10% in constant currency.

Net income for the quarter ended June 30, 2015 was $2.7 million, or $0.74 per diluted share,... More