Acme United (ACU) Tops Q2 EPS by 13c
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Acme United Reports Second Quarter Sales Increase of 21% and 23% Increase in Earnings Per Share
July 22, 2016 9:00 AM EDTRaises Guidance for 2016, Reflecting Strong Performance and Prospects
FAIRFIELD, Conn.--(BUSINESS WIRE)-- Acme United Corporation (NYSE MKT: ACU) today announced that net sales for the second quarter ended June 30, 2016 were $41.0 million, compared to $34.0 million in the comparable period of 2015, an increase of 21%. Net sales for the six months ended June 30, 2016 were $66.3 million, compared to $56.8 million in the same period in 2015, an increase of 17%.
Net income for the quarter ended June 30, 2016 was $3.3 million, or $0.91 per diluted share, compared to $2.7 million, or $0.74 per diluted share, for the 2015... More
