Acme United Reports 14% Diluted EPS Increase And 12% Operating Profit Increase For First Quarter Of 2019


Shears Color

FAIRFIELD, Conn., April 18, 2019 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended March 31, 2019 were $31.4 million compared to $31.7 million in the first quarter of 2018, a decrease of 1%, or even in constant currency.

Net income was $807,000 or $0.24 per diluted share for the quarter ended March 31, 2019 compared to $764,000, or $0.21 per diluted share, for the comparable period last year, an increase of 6% in net income and 14% in diluted earnings per share.

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