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Acme United Corporation
Acme United Corporation Reports Record Second Quarter Sales and Earnings
August 8th, 2008
Acme United Corporation (AMEX:ACU) announced that net sales for the quarter ended June 30, 2008 were $22.7 million, compared to $19.0 million in the same period in 2007, an increase of 20% (17% in local currency). Net sales for the six months ended June 30, 2008 were $37.0 million, compared to $31.2 million in the same period in 2007, an increase of 18% (15% in local currency). Net income was $1,730,000 or $.47 per diluted share for the second quarter ended June 30, 2008, compared to $1,522,000 or $.41 per diluted share for the comparable period last year, an increase of 14% in net income and 15% in diluted earnings per share. Net income for the six months ended June...
Source: Health Business Week (2008-08-08)
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