secwatch.observer — SEC 8-K summary
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Issuer:     MILLER INDUSTRIES INC /TN/ (MLR)
CIK:        0000924822
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001104659-26-056286
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Miller Industries Q1 net income drops 93% to $555k; revenue down 20%; reaffirms FY 2026 guidance
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- Revenue $180.9M (-19.8% YoY); diluted EPS $0.05 vs $0.69; net income $555k (-93.1%).
- Non-cash Omars acquisition costs reduced EPS by ~$0.13; expects half of total 2026 impact in Q1.
- Reaffirms FY 2026 revenue guidance $850M-$900M; EPS seen generally in line with FY 2025.
- Board declares $0.21 quarterly dividend (62nd consecutive); $2.2M in share repurchases in Q1.
- Geopolitical tensions pressuring H1 demand; production paused; 3% price increase effective July 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924822/000110465926056286/0001104659-26-056286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924822/000110465926056286/mlr-20260506x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-056286

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