Acme United Corporation — Third Quarter 2026 Earnings Summary

Acme United Corporation reported net sales of $58.0 million for the third quarter of 2026, an 18% increase from the same period in 2025, driven by growth across all business units and the acquisition of My Medic. Net income for the quarter rose 80% to $3.4 million, or $0.80 per diluted share, compared to $1.9 million in the prior year, with gross margin expanding to 45.3% largely due to a $4.0 million tariff refund. For the nine months ended September 30, 2026, net sales reached $173.0 million, up 16% year-over-year, while net income increased 14% to $9.5 million. The company also noted a strong balance sheet with $29.7 million in net bank debt and plans to close its DMT sharpening facility in Massachusetts to achieve annual savings exceeding $1.0 million in 2027.