Earnings Releases·Oct 27, 2026, 9:18 AM ET

Acme United Corporation — Third Quarter 2026 Earnings Summary

Net sales for the quarter reached $58.0 million (up 18% YoY), while net income surged 80% to $3.4 million ($0.80 per share); gross margin expanded to 45.3% in the quarter, driven by $4.0 million in tariff refunds partially offset by DMT facility closure costs.
The company executed strategic acquisitions, including My Medic for $18.6 million and a German product line for $1.6 million, with the My Medic business expected to drive Q4 profitability and retail commitments beginning next year.
Future outlook includes closing the Massachusetts DMT plant to shift production offshore, targeting over $1.0 million in annual savings by 2027, while managing ongoing cost pressures from transportation and raw materials.
Balance sheet metrics show bank debt less cash increased to $29.7 million as of September 30, 2026, and the company distributed $2.4 million in dividends over the trailing twelve months.