secwatch.observer — SEC 8-K summary
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Issuer:     MILLER INDUSTRIES INC /TN/ (MLR)
CIK:        0000924822
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000924822-22-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Miller Industries Q1 revenue rises 27% to $215.5M; EPS drops 35% to $0.18
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- Net sales $215.5M, up 26.9% YoY; net income $2.1M ($0.18 EPS) vs $3.2M ($0.28 EPS) down 35%.
- Gross margin fell to 7.1% from 9.3% due to supply chain and inflation.
- Board declared $0.18/share dividend, payable June 13, 2022, 46th consecutive quarter.
- CEO: price increases and surcharges enacted to offset inflation; backlog substantial, demand strong.
- International demand unaffected by Russia-Ukraine conflict so far.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924822/000092482222000022/0000924822-22-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924822/000092482222000022/mlr-20220504x8k.htm
  HTML page:      https://secwatch.observer/filing/0000924822-22-000022

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