AcmeAMEX: ACU

Acme United Reports 12% Increase in Earnings per Share for the Fourth Quarter of 2025

· Issued by Acme via GlobeNewswire

SHELTON, Conn., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended December 31, 2025 were $47.5 million compared to $45.9 million in the fourth quarter of 2024, an increase of 3%. Net sales for the year ended December 31, 2025 were $196.5 million compared to $194.5 million in 2024, an increase of 1%.

Net income was $1.9 million, or $0.46 per diluted share, for the quarter ended December 31, 2025 compared to $1.7 million, or $0.41 per diluted share, for the same period in 2024, an increase of 10% in net income and 12% in diluted earnings per share.

Net income for the year ended December 31, 2025, was $10.2 million, or $2.49 per diluted share, compared to $10.0 million, or $2.45 per diluted share, for 2024, an increase of 2% in both net income and diluted earnings per share.

Chairman and CEO Walter C. Johnsen said, “Our team successfully navigated customer uncertainty and increased costs due to tariffs during 2025. The tariffs were suddenly imposed in April and changed abruptly many times throughout the year. Sales to our retail customers were particularly impacted as they postponed and cancelled promotions. We are now seeing improvement in retail activity.”

Mr. Johnsen continued, “In January 2026, we acquired My Medic, which sells tactical, trauma and emergency response products directly to consumers. Revenues in 2025 were approximately $19 million and the purchase price was $18.7 million. We are actively working to integrate My Medic and build its revenues by expanding its product offering and distribution in the U.S. and Canada.”

Mr. Johnsen added, “We have a strong balance sheet and we continue to reap the benefits of our investments in increased distribution capacity, productivity improvements and cost reduction initiatives. As a result, we believe that we continue to be well-positioned for growth, including through acquisitions,” and look forward to a strong year.

For the three months ended December 31, 2025, net sales in the U.S. segment were constant compared to the same period in 2024. For the year ended December 31, 2025, net sales in the U.S. segment declined 1% compared to 2024. Sales of first aid and medical products were strong. However, sales of school and office products were lower mainly due to the cancellation of customer orders as a result of tariff uncertainty.

European net sales for the three months ended December 31, 2025 increased 31% in U.S. dollars and 22% in local currency compared to the fourth quarter of 2024. On October 1, 2025, the Company’s German subsidiary acquired a line of cutting and sharpening tools that contributed approximately $0.5 million in fourth quarter sales. Net sales for the year ended December 31, 2025 increased 8% in U.S. dollars and 4% in local currency compared to 2024.

Net sales in Canada for the three months ended December 31, 2025 increased 14% in both U.S. dollars and local currency compared to the same period in 2024. Net sales for the year ended December 31, 2025 increased 14% in U.S. dollars and 16% in local currency compared to 2024. The increases in sales for both periods were due to strong sales of first-aid products.

Gross margin was 38.2% in the three months ended December 31, 2025 versus 38.7% in the same period last year. Gross margin was 39.4% for the year ended December 31, 2025 compared to 39.3% for the same period in 2024.

The Company’s bank debt less cash as of December 31, 2025 was $18.1 million compared to $21.5 million as of December 31, 2024. During the year ended December 31, 2025, the Company distributed approximately $2.3 million in dividends on its common stock, purchased the cutting and sharpening line of products in Germany for approximately $1.6 million and generated approximately $13.6 million in free cash flow, before the purchase for cash of a new $6 million manufacturing and distribution facility in Tennessee in July 2025 to expand the Company’s Spill Magic business.

Conference Call and Webcast Information
Acme United will hold a conference call to discuss its quarterly results, which will be broadcast on Thursday, February 26, 2026, at 12:00 p.m. ET. To listen or participate in a question-and-answer session, dial 877-407-0784. International callers may dial 201-689-8560. The confirmation code is13758729. You may access the live webcast of the conference call through the Investor Relations section of the Company’s website, www.acmeunited.com. A replay may be accessed under Investor Relations, Audio Archives.

About Acme United
ACME UNITED CORPORATION is a leading worldwide supplier of innovative safety solutions and cutting technology to the school, home, office, hardware, sporting goods and industrial markets. Its leading brands include First Aid Only®, First Aid Central®, PhysiciansCare®, Pac-Kit®, Spill Magic®, Westcott®, Clauss®, DMT®, Med-Nap®, Elite First Aid® and My Medic®. For more information, visit www.acmeunited.com.

Forward Looking Statements

The Company may from time to time make written or oral “forward-looking statements” including statements contained in this report and in other communications by the Company, which are made in good faith pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on our beliefs as well as assumptions made by and information currently available to us. When used in this document, words like “may,” “might,” “will,” “except,” “anticipate,” “believe,” “potential,” and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from our current expectations.

Forward-looking statements in this report, including without limitation, statements related to the Company’s plans, strategies, objectives, expectations, intentions and adequacy of 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 that may impact the Company’s business, operations and financial results.

These risks and uncertainties include, without limitation, the following: (i) changes in the Company’s plans, strategies, objectives, expectations and intentions, which may be made at any time at the discretion of the Company; (ii) the impact of volatility in global economic conditions, including the impact on the Company’s suppliers and customers; (iii) international trade policies of the United States or foreign governments and their impact on demand for our products and our competitive position, including the imposition of new tariffs, changes in existing tariff rates or the threat of any such action;*1(iv) the continuing adverse impact of inflation, including product costs, and interest rates; (v) potential adverse effects on the Company, its customers, and suppliers resulting from the conflicts in Ukraine and the Middle East; (vi) additional disruptions in the Company’s supply chains, whether caused by pandemics, natural disasters, including trucker shortages, strikes, port closures or otherwise; (vii) labor related costs the Company has and may continue to incur, including costs of acquiring and training new employees and rising wages and benefits; (viii) currency fluctuations; (ix) the Company’s ability to effectively manage its inventory in a rapidly changing business environment; (x) changes in client needs and consumer spending habits; (xi) the impact of competition; (xii) the impact of technological changes including, specifically, the growth of online marketing and sales activity; and (xiii) the Company’s ability to manage its growth effectively, including its ability to successfully integrate any business it might acquire; and (xiv) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission

CONTACT:

Paul G. Driscoll

Acme United Corporation

1 Waterview Drive

Shelton, CT 06484

Phone: (203) 254-6060

ACME UNITED CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

FOURTH QUARTER REPORT 2025

(Unaudited)

Three Months Ended

Three Months Ended

Amounts in 000's except per share data

December 31, 2025

December 31, 2024

Net sales

$

47,524

$

45,943

Cost of goods sold

29,376

28,178

Gross profit

18,148

17,765

Selling, general and administrative expenses

15,247

15,483

Operating income

2,901

2,282

Interest expense, net

338

427

Other expense (income), net

90

(8

)

Income before income tax expense

2,473

1,863

Income tax expense

596

153

Net income

$

1,877

$

1,710

Shares outstanding - basic

3,807

3,748

Shares outstanding - diluted

4,076

4,155

Earnings per share - basic

$

0.49

$

0.46

Earnings per share - diluted

0.46

0.41

ACME UNITED CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

FOURTH QUARTER REPORT 2025

(Unaudited)

Year Ended

Year Ended

Amounts in 000's except per share data

December 31, 2025

December 31, 2024

Net sales

$

196,542

$

194,490

Cost of goods sold

119,132

118,139

Gross profit

77,410

76,351

Selling, general and administrative expenses

62,685

62,211

Operating income

14,725

14,140

Interest expense, net

1,560

1,942

Other expense (income), net

47

(95

)

Income before income tax expense

13,118

12,293

Income tax expense

2,933

2,270

Net income

$

10,185

$

10,023

Shares outstanding - basic

3,787

3,701

Shares outstanding - diluted

4,087

4,099

Earnings per share - basic

$

2.69

$

2.71

Earnings per share - diluted

2.49

2.45

ACME UNITED CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

FOURTH QUARTER REPORT 2025

(Unaudited)

Amounts in $000's

December 31, 2025

December 31, 2024

Assets

Current assets:

Cash and cash equivalents

$

3,596

$

6,399

Accounts receivable, net

29,098

28,236

Inventories

59,852

56,254

Prepaid expenses and other current assets

3,649

4,571

Total current assets

96,195

95,460

Property, plant and equipment, net

38,541

31,653

Operating lease right of use asset

6,881

4,826

Intangible assets, less accumulated amortization

19,473

20,323

Goodwill

9,908

9,908

Total assets

$

170,998

$

162,170

Liabilities and stockholders' equity

Current liabilities:

Accounts payable

$

8,066

$

9,005

Operating lease liability - short term

1,446

1,564

Mortgage payable - short term

454

437

Other current liabilities

12,906

11,866

Total current liabilities

22,872

22,872

Long-term debt

11,853

17,606

Mortgage payable - long term

9,432

9,868

Operating lease liability - long term

5,532

3,367

Deferred income taxes

3,685

1,465

Other non-current liabilities

13

12

Total liabilities

53,387

55,190

Total stockholders' equity

117,611

106,980

Total liabilities and stockholders' equity

$

170,998

$

162,170

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