Universal Safety Products, Inc. Reveals Latest Financials

Author: Owen Jenkins Updated: 08-19-2025 07:46 AM

Universal Safety Products, Inc. Financial Overview

Universal Safety Products, Inc. (NYSE American: UUU) has recently disclosed its financial performance for the fiscal quarter concluded on June 30, 2025. This report provides an essential insight into the company's revenue and profitability metrics.

Quarterly Sales Performance

For the quarter ending June 30, 2025, Universal Safety Products reported total sales of $3,824,247. This represents a decline from the $4,598,516 reported during the same period in the previous year. This decrease is attributed mainly to the divestiture of the smoke alarm segment.

Understanding the Revenue Shift

The company faced a notable decrease in sales this quarter due to the strategic decision to sell its smoke alarm segment back in May 2025. Although the decision was aimed at focusing resources on high-potential areas like wiring devices and bath fans, it also resulted in reduced overall sales figures.

Net Income Analysis

In an addendum to the sales report, Universal Safety Products exhibited a remarkable turnaround with a net income of $1,810,321, translating to $0.78 per share. This stands in stark contrast to the prior year's same-quarter loss of $442,206, or $(0.19) per share. This significant leap in profitability showcases the effectiveness of the company's strategic decisions.

Factors Behind Improved Profitability

A key element contributing to this positive shift in net income was a gain of $2,820,668 derived from the previously mentioned sale of the smoke and carbon monoxide alarm segment. This windfall created a favorable position for the company despite the overall decline in revenues.

CEO Insights and Future Plans

Harvey Grossblatt, President and CEO, shared insights into the company's current standing and future objectives. He emphasized that, although sales had dipped due to the divestiture and rising import tariffs on products, there remains a strong commitment to ongoing operations in selected segments.

Looking Forward

Going forward, Universal Safety Products is keen on exploring additional avenues for growth to foster shareholder value. By concentrating on its remaining segments, the company aims to build upon the momentum gained from recent adjustments.

Company Background

Founded in 1969, Universal Safety Products has a long-standing history of innovation in safety and security device distribution. With over 56 years of experience, the company has established itself as a leader in providing easy-to-install and reliable products. For additional information, interested parties can reach out to the company directly.

Contact Information

If you have any queries or require more information, feel free to contact:
Harvey Grossblatt, CEO
Universal Safety Products, Inc.
(410) 363-3000, Ext. 224

Frequently Asked Questions

What did Universal Safety Products report for the latest quarter?

The company reported $3,824,247 in sales and a net income of $1,810,321 in the latest quarter.

Why did the sales decline for Universal Safety Products?

The decline was primarily due to the sale of the smoke alarm segment and increased import tariffs.

What was the impact of the sale of the smoke alarm segment?

The sale generated a gain of $2,820,668, contributing significantly to net income despite overall revenue decline.

What are the company’s plans moving forward?

The company plans to focus on its wiring devices and bath fan segments and seek new growth opportunities.

Who is the CEO of Universal Safety Products?

Harvey Grossblatt serves as the President and CEO of Universal Safety Products, Inc.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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