secwatch.observer — SEC 8-K summary
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Issuer:     MILLER INDUSTRIES INC /TN/ (MLR)
CIK:        0000924822
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0000924822-21-000040
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Miller Industries Q3 net income falls 41.3% to $3.8M (EPS $0.34); sales down 2.2%
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- Net sales $164.7M (-2.2% YoY); net income $3.8M (-41.3%), diluted EPS $0.34 vs $0.57.
- Gross profit $17.8M (10.8% margin) flat YoY; SG&A rose to $12.0M (7.3% of sales) from $9.2M.
- Nine-month sales $515.8M (+9.1%); net income $13.5M (-24.0%), EPS $1.19 vs $1.56.
- Board declared $0.18 quarterly dividend, payable Dec 13 to holders of record Dec 6 (45th consecutive quarter).
- Supply chain disruptions and inflationary pressures intensified; demand remains strong but timing of normalization uncertain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924822/000092482221000040/0000924822-21-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924822/000092482221000040/mlr-20211103x8k.htm
  HTML page:      https://secwatch.observer/filing/0000924822-21-000040

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