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News Releases

All Releases
  • Aug 31, 2021
    PORTLAND, Ore. , Aug. 31, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal year ended May 31, 2021 . For the year ended May 31, 2021 ("Fiscal 2021"), the Company reported revenue from continuing operations
  • Jul 28, 2021
    PORTLAND, Ore. , July 28, 2021 /PRNewswire/ --  Schmitt Industries Inc. (NASDAQ: SMIT) is pleased to announce the release of a new product, the AS2100 Accurate Distance Sensor. Coming from the company's long-range sensor group, the AS2100 is an improved replacement product for the now retired
  • Apr 22, 2021
    PORTLAND, Ore. , April 22, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended February 28, 2021 . The operating results for the nine months ended February 28, 2021 include financial results
  • Jan 14, 2021
    PORTLAND, Ore. , Jan. 14, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended November 30, 2020 . The operating results for the six months ended November 30, 2020 include first quarter financial
  • Nov 23, 2020
    PORTLAND, Ore., Nov. 23, 2020 /PRNewswire/ --  Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") reminds its shareholders that Schmitt's 2020 annual meeting (the "Annual Meeting") will be held on December 10, 2020 , at 8:30 a.m. Pacific Time , at Schmitt's offices at 2765 N.W.
  • Nov 6, 2020
    PORTLAND, Ore. , Nov. 6, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") is pleased to announce the appointment of Philip Bosco , CPA, as Chief Financial Officer ("CFO") of the Company, effective December 1, 2020 .
  • Nov 2, 2020
    PORTLAND, Ore. , Nov. 02, 2020 (GLOBE NEWSWIRE) -- On November 2, 2020 , Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, based on the October
  • Oct 30, 2020
    PORTLAND, Ore. , Oct. 30, 2020 /PRNewswire/ --  Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended August 31, 2020 . The operating results for the first quarter include the financial results from Schmitt's July 9,
  • Oct 27, 2020
    PORTLAND, Ore. , Oct. 27, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced the appointment of Lillian Tung as the fifth member of the Company's Board of Directors (the "Board") effective October 27, 2020 .
  • Oct 23, 2020
    PORTLAND, Ore. , Oct. 23, 2020 /PRNewswire/ -- On October 19, 2020 , Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it did not file its
  • Aug 31, 2020
    PORTLAND, Ore. , Aug. 31, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the fiscal year ended May 31, 2020 . For the year ended May 31, 2020 (“Fiscal 2020”), the Company reported revenue from continuing
  • Jul 30, 2020
    PORTLAND, Ore. , July 30, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) announced the launch of a new website for its Acuity Laser product line. The newly redesigned website offers quick and easy access to essential information and features for
  • Jul 21, 2020
    PORTLAND, Ore. , July 21, 2020 /PRNewswire/ --  Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced the final results of its previously announced cash tender offer to purchase up to $2.5 million of Schmitt's common stock at a price per share not less than $3.00 and
  • Jul 13, 2020
    PORTLAND, Ore. , July 13, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announced today that Schmitt's Board of Directors (the "Board") has unanimously passed a resolution for Schmitt to remain listed on the NASDAQ market.
  • Jul 13, 2020
    PORTLAND, Ore. , July 13, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced that it has extended the offering period of its previously announced cash tender offer to purchase up to $2.5 million of Schmitt's common stock at a price per share
  • Jul 10, 2020
    PORTLAND, Ore. , July 10, 2020 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announced today that it has closed the acquisition of the assets of Ample Hills Creamery, Inc. and its subsidiaries (collectively, "Ample Hills").
  • Jun 3, 2020
    PORTLAND, Ore. , June 03, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced the completion of the evaluation of the previously announced strategic opportunity. Following months of discussion and analysis, the Company has decided that the
  • Apr 14, 2020
    PORTLAND, Ore. , April 14, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the third quarter of Fiscal 2020.                                      Highlights of the three and nine months ended February 29, 2020 :
  • Mar 26, 2020
    PORTLAND, Ore. , March 26, 2020 (GLOBE NEWSWIRE) -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”), in response to the current economic and market conditions due to the COVID-19 pandemic, made the following announcements. First, Schmitt has implemented COVID-19 response and
  • Feb 19, 2020
    PORTLAND, Ore. , Feb. 19, 2020 (GLOBE NEWSWIRE) --   Schmitt Industries, Inc. (NASDAQ: SMIT ) (the “Company” or “Schmitt”) today announced it will delay the delisting and deregistration of its common stock (the “Common Stock”) from the NASDAQ Stock Market (“NASDAQ”).  Accordingly, the Company has