Acme United Q4 net sales up 10% to $45.9M; FY adj. net income up 23%

ACME UNITED CORP

2024-FY EPS reported $2.45 revenue$194,489,991

Q4 net sales $45.9M (+10% YoY); FY net sales $194.5M (+2% YoY, +6% ex-Camillus/Cuda).
Q4 adjusted net income $1.70M ($0.41 EPS) vs $1.56M ($0.40) prior year, up 9% and 3% respectively.
FY adjusted net income $10.02M ($2.45 EPS) vs $8.15M ($2.23) prior year, up 23% and 10%.
Gross margin improved to 39.3% for FY 2024 vs 37.7% in 2023 on productivity gains.
Acquired Elite First Aid in May 2024 for ~$6.1M; integrated and expanding distribution.

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