---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053915"
form_type: "8-K"
ticker: "MYE"
cik: "0000069488"
company_name: "MYERS INDUSTRIES INC"
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T21:14:29.820968+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Myers Industries Q1 EPS $0.09 ($0.21 adj) vs $0.35 prior; guides to low end of FY range

## Summary
- Net sales $207.1M, down 4.0% YoY; GAAP net income $3.5M vs $13.0M.
- Adjusted EPS $0.21 vs $0.38; adjusted EBITDA $25.1M vs $25.9M.
- Material Handling segment sales flat ($152.2M); Distribution sales down 13.1% to $54.9M.
- Signature Systems acquisition contributed record quarter; management targets $7-9M additional annualized cost cuts.
- Full-year outlook maintained but guided to low end of prior EPS range ($1.30-$1.45 adj).

## SEC filing metadata
- accession: 0000950170-24-053915
- form_type: 8-K
- ticker: MYE
- cik: 0000069488
- company_name: MYERS INDUSTRIES INC
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/69488/000095017024053915/0000950170-24-053915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/69488/000095017024053915/mye-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053915
- JSON: https://secwatch.observer/filing/0000950170-24-053915.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053915.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.