Myers Q3 net income improves to $7.1M, free cash flow $21.5M; starts sale of Tire Supply

MYERS INDUSTRIES INC

2025-Q3 EPS reported $0.63 revenue$621,768,000

Net sales flat at $205.4M; gross profit up 5.3% to $68.6M, gross margin 33.4% vs 31.8% YoY.
Adjusted EPS $0.26 vs $0.25; net income $7.1M compared to net loss of $10.9M in Q3 2024.
Free cash flow $21.5M, up from $10.1M; total liquidity $292.7M, debt reduced $10M.
Initiated sale process for Myers Tire Supply business with KeyBanc as advisor.
Identified $19M structural cost savings; on track for $20M annualized SG&A savings by end 2025.

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