secwatch.observer — SEC 8-K summary
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Issuer:     MILLER INDUSTRIES INC /TN/ (MLR)
CIK:        0000924822
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001558370-23-003194
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Miller Industries Q4 EPS $0.81 beats prior $0.24; guides FY2023 revenue above $1B
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- Q4 net sales $225.9M (+12% YoY); net income $9.3M ($0.81 diluted EPS) vs $2.7M ($0.24).
- Full-year net sales $848.5M (+18.3%); net income $20.3M ($1.78 EPS) vs $16.3M ($1.42).
- Gross margin improved to 11.3% in Q4 from 7.7% in prior year period.
- CEO guides FY2023 revenue >$1B and improved margins, citing record backlog and strong demand.
- Quarterly dividend maintained at $0.18/share; payable March 27 to holders of record March 20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924822/000155837023003194/0001558370-23-003194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924822/000155837023003194/mlr-20230308x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-003194

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer