earnings
confidence high
sentiment positive
materiality 0.75
Acme United Q4 sales up 12% to $45.8M, net income up 14% to $2.34M; FY2021 sales $182.1M, record profits
ACME UNITED CORP
2021-FY EPS reported
$3.45
revenue$182,087,559
- Q4 net sales $45.8M (+12%); net income $2.34M ($0.60 diluted EPS) vs $2.04M ($0.54).
- FY net sales $182.1M (+11%); adjusted net income (excl. PPP) $10.15M ($2.57 EPS) vs $8.10M ($2.31).
- Gross margin Q4 35.1% vs 36.8%, FY 35.6% vs 36.3%; cost inflation and transport headwinds partially offset by price increases.
- US segment Q4 +11%, FY +9%; Europe +15% local currency; Canada +22% USD; driven by first aid and Westcott craft products.