Acme United Corporation (NYSE:ACU) Q2 2025 Earnings Conference Call July 23, 2025 12:00 PM ET
Company Participants
Walter Johnsen – Chairman of the Board & CEO
Paul Driscoll – VP, CFO, Secretary & Treasurer
Conference Call Participants
Jim Marrone – Singular Research, LLC
Timothy Call – The Capital Management Corporation
GEORGY VASHCHENKO – Freedom Broker
Operator
Good day, and welcome to the Acme United Corporation Second Quarter 2025 Financial Results Conference Call. At this time, I would like to turn the call over to Walter Johnson, Chairman and CEO. Please go ahead, sir.
Walter Johnsen
Good morning. Welcome to the Second Quarter 2025 earnings conference call for Acme United Corporation. I am Walter C. Johnsen, Chairman and CEO. With me is Paul Driscoll, our Chief Financial Officer, who will first read the safe harbor statement. Paul?
Paul Driscoll
Forward-looking statements in this conference call, including, without limitation, statements related to the company’s plans, strategies, objectives, expectations, intentions and adequacy of capital and other resources are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, among others, those arising as a result of a challenging global macroeconomic environment characterized by continued high inflation, high interest rates and the imposition of new tariffs or changes in existing tariff rates.
In addition, we have experienced supply chain disruptions and we may experience these disruptions in the future. We are also subject to additional risks and uncertainties as described in our periodic filings with the Securities and Exchange Commission and in our current earnings release.
Walter Johnsen
Thank you, Paul. Acme United had an excellent second quarter of 2025, setting a quarterly record for earnings. This, of course, excludes the onetime gains from the forgiveness of the PPP loan in 2021