earnings
confidence high
sentiment negative
materiality 0.75
Myers Industries Q2 sales down 4.8% to $209.6M; EPS $0.26; launches strategic review of Myers Tire Supply
MYERS INDUSTRIES INC
2025-Q2 EPS reported
$0.44
revenue$416,333,000
- Adjusted EPS $0.31 vs $0.39 YoY; net income $9.7M down 5.6%.
- Free cash flow improved to $24.7M, up $14.8M YoY.
- Material Handling segment operating income up 2.7% to $29.5M on reserve reversal.
- Distribution segment operating loss of $0.5M vs profit $2.2M a year ago.
- Strategic review of Myers Tire Supply ($189M trailing revenue); idling two rotational molding plants for $3M annual savings.
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