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Acme United Corporation
Acme United Corporation Provides Update
July 25th, 2008
Acme United Corporation (AMEX:ACU) announced that its sales and earnings for the second quarter ending June 30, 2008 will have meaningful growth. Walter C. Johnsen, Chairman and CEO said, "We are experiencing a strong back to school period. Sales of our anti-microbial school scissors, rulers and math kits are excellent. Our Westcott office and craft cutting and measuring products are ahead of last year, The Clauss product line has continued to make inroads in the industrial and hardware channels. Sales of our Physicians Care first aid kits and medications are doing well. "Gross margins are under some pressure due to rising costs in raw materials,...
Source: Health Business Week (2008-07-25)
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