secwatch.observer — SEC 8-K summary
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Issuer:     ACME UNITED CORP (ACU)
CIK:        0000002098
Form:       8-K
Filed at:   2022-07-22T23:59:59+00:00
Accession:  0001564590-22-026244
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acme United Q2 sales up 27% to $56.8M; adjusted EPS flat at $0.71; acquires Safety Made for ~$11M
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- Net sales $56.8M (+27% YoY); adjusted EPS $0.71 (flat vs adj. $0.71 in Q2 2021); gross margin 33% vs 36%.
- Acquired Safety Made (first aid kits) for ~$11M; 2021 rev $4.9M, EBITDA $1.2M.
- Increased HSBC credit facility by $15M to $65M; debt less cash $59.8M vs $39.3M a year ago.
- U.S. segment sales +33% in Q2; Europe sales +12% in local currency.
- Targeting ~$200M revenue in 2022; inventory increased ~$15M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2098/000156459022026244/0001564590-22-026244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2098/000156459022026244/acu-8k_20220722.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-026244

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