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Acme United Q2 Profit Rises

Acme United Corp. (ACU) announced second-quarter net income of $2.21 million or $0.68 per share, compared to $2.06 million or $0.66 per share for the comparable period in 2012.

Net sales for the second quarter were $28.4 million, compared to $27.6 million in the comparable period of 2012, an increase of 3%.

Net income for the six months ended June 30, 2013 was $2.52 million, or $0.78 per share, compared to $2.32 million or $0.74 per share last year.

Net sales for the six months were $46.1 million, compared to $44.5 million in the same period in 2012, an increase of 4%.

by RTT Staff Writer

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