Myers Industries Q1 profit surges; EPS $0.18 vs $0.09; adjusted EBITDA up 14% on flat sales

MYERS INDUSTRIES INC

2025-Q1 EPS reported $0.18 revenue$206,750,000

Net sales flat at $206.8M; gross margin expanded to 33.4% from 31.0%.
Operating income up 53% to $16.7M; net income doubled to $6.8M ($0.18 diluted EPS).
Adjusted EPS $0.22 vs $0.21; adjusted EBITDA $28.6M (+13.7%).
Material Handling segment improved; Distribution sales fell 10.3% with operating loss.
Vehicle end market outlook downgraded to 'Down'; $1M shares repurchased under $10M program.

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