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Miller Industries: Shares Can Keep Moving Higher
Seeking Alpha· 2024-08-16 19:07
kozmoat98 One company that continues to surprise me is Miller Industries (NYSE:MLR). If you're not familiar with the company, it's worth mentioning that it is a major manufacturer of towing and recovery equipment. Well, back in early May of this year, I wrote a bullish article about the company. In that article, I lauded the company for the fact that management had achieved success in stabilizing operations. This stabilization, combined with house shares were priced at the time, led me to reaffirm it as a ' ...
Miller Industries(MLR) - 2024 Q2 - Earnings Call Transcript
2024-08-11 12:25
Miller Industries, Inc. (NYSE:MLR) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Mike Gaudreau - Investor Relations, FTI Consulting Will Miller - President & Chief Executive Officer Debbie Whitmire - Executive Vice President & Chief Financial Officer Conference Call Participants Mike Shlisky - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Second Quarter 2024 Results Conference Call. Please note this event is being recorded. And ...
Miller Industries (MLR) Q2 EPS Soars Y/Y on High Production Volumes
ZACKS· 2024-08-08 17:30
Miller Industries, Inc. (MLR) reported a robust performance in the second quarter of 2024, with earnings per share (EPS) rising to $1.78, marking a 37.7% increase compared to $1.29 in the second quarter of 2023. Revenues also saw a significant uptick, climbing 23.7% year over year to $371.5 million from $300.3 million. This growth is attributed primarily to increased production volumes and consistent demand, alongside sustained elevated OEM chassis deliveries. The company has managed to decrease its backlog ...
Miller Industries(MLR) - 2024 Q2 - Quarterly Report
2024-08-07 20:50
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No.001-14124 MILLER INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Tennessee 6 ...
Miller Industries(MLR) - 2024 Q2 - Quarterly Results
2024-08-07 20:47
Exhibit 99.1 8503 Hilltop Drive, Ooltewah, TN 37363 | --- | --- | |-------|-----------------------------------------------------------------------------------------------------| | | Telephone (423) 238-4171 | | | CONTACT:Miller Industries, Inc. Debbie Whitmire, Chief Financial Officer (423) 238-8464 | | | | | | FTI Consulting, Inc. Mike Gaudreau millerind@fticonsulting.com | MILLER INDUSTRIES REPORTS 2024 SECOND QUARTER RESULTS CHATTANOOGA, Tenn., August 7, 2024/PRNewswire/ -- Miller Industries, Inc. (NYSE: ...
MILLER INDUSTRIES REPORTS 2024 SECOND QUARTER RESULTS
Prnewswire· 2024-08-07 20:30
CHATTANOOGA, Tenn., Aug. 7, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the second quarter ended June 30, 2024. For the second quarter of 2024, net sales were $371.5 million, an increase of 23.7%, compared to $300.3 million for the second quarter of 2023. The year over year growth was predominantly due to consistent demand from customers, increased production volume and continued elevated OEM chassis deliveries in the ...
Zacks Initiates Coverage of Miller Industries With Neutral Recommendation
zacks.com· 2024-05-24 16:51
The company's commitment to enhancing shareholder value is evident through its 5.6% dividend increase and the initiation of a $25 million share repurchase plan. These moves signal confidence in Miller Industries' financial health and long-term strategy. As a leader in the global towing equipment market, Miller Industries benefits from a broad product range and strong brand recognition. The company's dedication to innovation is underscored by products like the patented low center of gravity design in car car ...
Miller Industries(MLR) - 2024 Q1 - Earnings Call Transcript
2024-05-12 00:06
Miller Industries, Inc. (NYSE:MLR) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Mike Gaudreau - Investor Relations, FTI Consulting Will Miller - President & Chief Executive Officer Debbie Whitmire - Executive Vice President & Chief Financial Officer Conference Call Participants Mike Shlisky - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the Miller Industries First Quarter 2024 Results Conference Call. Please note, this event is being recorded. At this ...
Miller Industries(MLR) - 2024 Q1 - Quarterly Report
2024-05-08 20:33
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No.001-14124 MILLER INDUSTRIES, INC. (Exact name of registrant as specified in its charter) (State or ...
Miller Industries(MLR) - 2024 Q1 - Quarterly Results
2024-05-08 20:26
CHATTANOOGA, Tenn., May 8, 2024/PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the first quarter ended March 31, 2024. For the first quarter of 2024, net sales were $349.9 million, an increase of 23.9%, compared to $282.3 million for the first quarter of 2023. The year over year growth was predominantly due to increased production volume as a result of supply chain improvements and continued strong customer demand for the Compa ...