|Over a week ago|
Fly Insider: HC2, American Eagle among week's notable insider trades » 15:1404/2604/26/21
AMPG, HCHC, SNDX, GBX, AEO, ACU, AXTA, BJ
Welcome to "Fly Insider,"…
Acme United reports Q1 EPS 52c, one est. 57c » 09:2604/1904/19/21
Reports Q1 revenue…
Reports Q1 revenue $43.5M, one est. $38.28M. Chairman and CEO Walter C. Johnsen said, "Net sales in first quarter of 2021 continued the strong performance we achieved in 2020, with revenues in all of our operating units increasing. We had particularly strong sales of our Westcott cutting tools and DMT sharpeners, and our European business had a record first quarter. Sales in Canada at First Aid Central continued to grow. First quarter 2021 revenues included approximately $0.9 million from the sales of Med-Nap products. We continue to gain market share and new placements with existing customers. We have introduced new Westcott craft cutting tools and first aid items, and we have new production coming on stream at DMT and Med-Nap. We are optimistic about the next three quarters of 2021 and beyond."
|Over a month ago|
Acme United reports Q4 EPS 54c, one est. 28c » 09:3203/0303/03/21
Reports Q4 revenue…
Reports Q4 revenue $40.9M, one est. $38.95M. Chairman and CEO Walter C. Johnsen said, "Despite the pandemic, we delivered record sales and earnings, and made two strategic acquisitions during 2020. All of our business units and subsidiaries had outstanding performance. Our associates overcame COVID-19 related supply chain and production issues, worked safely through a difficult environment, and developed a pipeline of new products that will be shipped in 2021. I want to acknowledge and thank our associates who worked with focus, determination, and urgency."
|Over a quarter ago|
Acme United acquires assets of Med-Nap, terms not disclosed » 15:3612/1612/16/20
Acme United announced…
Acme United announced that it has acquired the assets of Med-Nap LLC., a manufacturer of alcohol prep pads, alcohol wipes, benzalkonium chloride wipes, antiseptic wipes, castile soap, and lens cleaning products. Med-Nap has estimated revenues in 2020 of approximately $4.9M and EBITDA of approximately $1M. The purchase price was not disclosed. The acquisition is expected to be accretive commencing in the first quarter of 2021. The company, based in Brooksville, Florida, was founded in 2007 and employs 25 people.
Acme United raises quarterly dividend 8% to 13c per share » 17:5112/1512/15/20
The dividend is payable…
The dividend is payable on January 29, 2021 to stockholders of record on the close of business on January 8, 2021.
Acme United raises quarterly cash dividend 8% to 13c from 12c per share » 15:1212/1512/15/20
The dividend is payable…
The dividend is payable on January 8, 2021 to stockholders of record on the close of business on January 29, 2021.
Sidoti to hold a virtual conference » 08:4811/1911/19/20
ACU, ALCO, AP, BWEN, CRAI, CTG, DRAD, INFU, III, NEPH, MYO, TUP, TREC, TNXP, VNRX, PIXY, RICK, STRT, SWKH, TESS, VRME, WYY
Sidoti Virtual Microcap…
Sidoti Virtual Microcap Conference will be held on November 19.
Fly Intel: Top five weekend stock stories » 20:1311/1511/15/20
JNJ, PNC, BBVA, WMT, KKR, TGT, SP, WTFC, ACU, CCS, AAWW, LOGI
Catch up on the…
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Johnson & Johnson (JNJ) announced the expansion to the partnership between its Janssen Pharmaceutical and the Biomedical Advanced Research and Development Authority, which is part of the Office of the Assistant Secretary for Preparedness and Response at the U.S. Department of Health and Human Services for the ongoing development of Janssen's investigational COVID-19 vaccine candidate. Under the amendment, Janssen will commit approximately $604M and BARDA will commit approximately $454M to support the ongoing Phase 3 ENSEMBLE trial evaluating Janssen's investigational COVID-19 vaccine candidate as a single-dose in up to 60,000 volunteers worldwide. 2. PNC Financial (PNC) is in talks to buy the U.S. arm of Spanish lender BBVA (BBVA), The Wall Street Journal's Cara Lombardo and Liz Hoffman reported, citing people familiar with the matter. A deal, which would likely be valued at more than $10B, would create the nation's fifth largest retail bank, with more than $550B of assets and branches up and down the eastern half of the country, the authors noted. 3. Investors have long viewed memory as a commodity and one can the consequences in the low multiple they have paid for Micron (MU), the biggest pure play bet, Eric Savitz wrote in this week's edition of Barron's. But the outlook for Micron is brightening - and the stock could double from here, the author contended. 4. Walmart (WMT), KKR (KKR) and Rakuten announced the signing of definitive agreements under which KKR will purchase a majority stake and a new Rakuten subsidiary will purchase a minority stake in Seiyu GK in a deal valuing the business at approximately $1.6B. Under the terms of the agreements, KKR will acquire a 65% stake in Seiyu, and Rakuten will acquire a 20% stake, through a newly created subsidiary focused on retailer digital transformation. Walmart will retain a 15% stake in Seiyu. 5. Target (TGT), SPPlus (SP), Wintrust Financial (WTFC), ACME United (ACU), Century Communities (CCS), AtlasAir Worldwide (AAWW) and Logitech (LOGI) saw positive mentions in this week's edition of Barron's.
Wintrust Financial, AtlasAir Worldwide worth a look, Barron's says » 07:4411/1411/14/20
SP, WTFC, ACU, CCS, AAWW
Small-cap value stocks…
Small-cap value stocks look primed to reverse their underperformance of the past two years, Daren Fonda writes in this week's edition of Barron's. SPPlus (SP), Wintrust Financial (WTFC), ACME United (ACU), Century Communities (CCS) and AtlasAir Worldwide (AAWW) offer big opportunities for growth, the author adds. Reference Link
Acme United reports Q3 EPS 46c, one est. 34c » 09:0810/2110/21/20
Reports Q3 revenue…
Reports Q3 revenue $43.3M, one est. $38.1M. Chairman and CEO Walter C. Johnsen said, "We achieved very strong results in our third quarter by successfully managing and executing across all of our markets under very difficult circumstances. As in the second quarter of 2020, Acme United benefited from market share gains in first aid and safety supplies, Westcott craft cutting products, Camillus hunting and Cuda fishing products, and e-commerce sales. We have also successfully shifted our business to support mass market and e-commerce customers, which has compensated for weak sales to offices, schools, restaurants, and other businesses adversely impacted by the COVID-19 pandemic. We are grateful for the focus and dedication of our associates who have produced and shipped our products under very challenging circumstances. Our performance this quarter reflects their hard work."