Acme United Corporation. (ACU) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Acme United Corporation Third Quarter 2025 Financial Results Conference Call. At this time, I'd like to turn the call over to Walter Johnson, Chairman and CEO. Please go ahead, sir. Good morning. Welcome to the Third Quarter 2025 Earnings Conference Call for Acme United Corporation. I am Walter C. Johnson, Chairman and CEO. With me is Paul Driscoll, Our chief financial officer will first read a safe harbor statement. Paul? Forward-looking statements in this conference call, including without limitation, statements related to the company's plans, strategies, objectives, expectations, intentions, and adequacy of capital and other resources are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, among others, those arising as a result of a challenging global macroeconomic environment characterized by continued high inflation, high interest rates, and the imposition of new tariffs or changes in existing tariff rates. In addition, we have experienced supply chain disruptions, and we may experience these disruptions in the future. We are also subject to additional risks and uncertainties as described in our periodic filings with the Securities and Exchange Commission and in our current earnings release. Thank you, Paul. Acme United had net revenues of $49 million in the third quarter of 2025 compared to $48 million in 2024. Our net income was $1.9 million compared to $2.2 million last year. Earnings per share were 46 cents compared to 54 cents in 2024. Our sales in the third quarter increased 2 percent. Sales of first aid products, which represent about two-thirds of our corporate revenues, increased 9 perc...