Acme United Q3 sales climb 18% on growth across all business units
Acme United reported Q3 net sales up 18% year on year and diluted EPS up 74% to $0.80, helped by a $4 mln tariff refund, according to Reuters.
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what happened
Acme United, a maker of Westcott scissors and safety products, reported third-quarter net sales up 18% from a year earlier. Growth came from every business unit and every international market, with strong back-to-school demand adding to the gains. Diluted EPS rose 74% to $0.80.
The quarter also included a $4 mln tariff refund, which lowered cost of goods sold. This was partly offset by $1.8 mln of costs tied to closing the DMT plant and shifting production to Asia. The company expects the closure to save more than $1.0 mln a year starting in 2027.
According to LSEG data, sales came in at $58.01 mln against a consensus of $56.39 mln. The company says it plans to offset rising transport and raw material costs through operational efficiencies.
why it matters
For investors, the key question is margin durability. The tariff refund is a one-off item, so part of the profit growth will not repeat in coming quarters. The company expects My Medic to deliver most of its profitability in the fourth quarter, reflecting seasonal sales patterns.
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- Westcott scissors maker Acme United Q3 net sales rise 18% on broad-based growth — Reuters, 27 October 2026 at 10:40 UTC
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