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ACU
ACU Acme United (ACU) Q2 FY26 earnings call
Acme United delivered strong Q2 FY26 results, with net sales up 16% driven by the MyMedic acquisition and a recovery in core businesses like Westcott cutting tools. While MyMedic's high gross margins boosted overall profitability, tariff-related costs impacted US gross margins, and increased advertising for MyMedic led to higher SG&A. The company is focused on integrating MyMedic, expanding retail distribution, and leveraging automation for future growth as it expects continued gross margin expansion.
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Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.