secwatch.observer — SEC 8-K summary
======================================

Issuer:     MYERS INDUSTRIES INC (MYE)
CIK:        0000069488
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000950170-22-020242
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Myers Industries Q3 net sales up 14% to $228.1M; adj. EPS $0.41; raises FY adj. EPS guidance
--------------------------------------------------------------------------------

- Net sales $228.1M (+14% YoY); organic sales +4%; gross margin expanded to 31.4% vs 27.1%.
- Adjusted diluted EPS $0.41 (+78% YoY); GAAP diluted EPS $0.37 (+68% YoY).
- Material Handling segment adj. operating margin +540bps to 15.6%; Distribution margin -160bps to 7.1%.
- FY2022 adjusted EPS guidance raised to $1.50-$1.70 (from $1.40-$1.60); net sales growth in high teens reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/69488/000095017022020242/0000950170-22-020242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/69488/000095017022020242/mye-20221027.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-020242

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer