Acme United reported robust Q3 results with an 18.2% increase in revenue and earnings per share exceeding estimates by $0.14. The company's gross margin improved significantly to 45.3%, helped by tariff refunds, though this is not expected to continue at the same level. Growth is fueled by the acquisition of My Medic, expansion in e-commerce, and a strategic shift toward medical products, which now make up 70% of its business. Despite strong momentum and a positive outlook for Q4, the stock has surged 63% year-to-date, suggesting investors might consider waiting for a price dip before buying.
Acme United's Q3 performance is noted here alongside Consumer Staples sector data from Pluang. For readers following this sector, here is Pluang's market snapshot as of Oct 28, 2026 19:21 WIB: out of 63 priced US Consumer Staples stocks, 8 rose and 52 fell today. Notable movers include TAL at USD 9.99 with a 1-day change of -2.15% and Pluang order activity showing 58% Sell / 42% Buy, EL at USD 106.33 down 1.86% with 79% Sell / 21% Buy, and XXII at USD 0.10 down 1.66% with balanced order activity and a typical hold time of 27 days.
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