---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-037638"
form_type: "8-K"
ticker: "ACU"
cik: "0000002098"
company_name: "ACME UNITED CORP"
filed_at: "2021-07-22T23:59:59+00:00"
generated_at: "2026-06-30T03:25:37.056998+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acme United Q2 net income up 16% to $3.7M; EPS $0.94, +2% YoY

## Summary
- Net sales Q2 2021 $44.8M, up 2% YoY; Europe +26%, Canada +68% in USD; U.S. down 4% due to warehouse system installation.
- Net income excl. PPP forgiveness $3.72M ($0.94 EPS) vs $3.20M ($0.92) YoY, +16%.
- PPP loan of $3.5M fully forgiven; including forgiveness, Net income $7.2M ($1.82 EPS).
- Gross margin 36% Q2 vs 36.5% prior year; six-month 36% vs 37%.
- Bank debt $39.4M; paid $9.3M for Med-Nap acquisition; $1.7M dividends; $3.6M free cash flow.

## SEC filing metadata
- accession: 0001564590-21-037638
- form_type: 8-K
- ticker: ACU
- cik: 0000002098
- company_name: ACME UNITED CORP
- filed_at: 2021-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2098/000156459021037638/0001564590-21-037638-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2098/000156459021037638/acu-8k_20210722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-037638
- JSON: https://secwatch.observer/filing/0001564590-21-037638.json
- Plain text: https://secwatch.observer/filing/0001564590-21-037638.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.