---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-007877"
form_type: "8-K"
ticker: "MLR"
cik: "0000924822"
company_name: "MILLER INDUSTRIES INC /TN/"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T02:18:55.391581+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Miller Industries Q1 net sales up 31% to $282.3M; EPS $0.81 vs $0.18 YoY

## Summary
- Net income of $9.2M ($0.81 diluted EPS) vs $2.1M ($0.18) in Q1 2022, a 346.5% increase.
- Gross margin improved to 10.8% from 7.1%; SG&A included $1.1M non-recurring legal fees.
- Quarterly dividend declared at $0.18/share, payable June 12 to holders of record June 5.
- CEO targets $1B revenue in 2023; backlog strong with no customer cancellations year-to-date.
- Board added four independent directors as part of governance refresh during the quarter.

## SEC filing metadata
- accession: 0001558370-23-007877
- form_type: 8-K
- ticker: MLR
- cik: 0000924822
- company_name: MILLER INDUSTRIES INC /TN/
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924822/000155837023007877/0001558370-23-007877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924822/000155837023007877/mlr-20230503x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-007877
- JSON: https://secwatch.observer/filing/0001558370-23-007877.json
- Plain text: https://secwatch.observer/filing/0001558370-23-007877.txt

## Key facts
- Earnings Releases
  MILLER INDUSTRIES INC /TN/ reported first quarter ended March 31, 2023 results: revenue $282.3 million, net income $9.2 million, EPS $0.81 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $282.3 million
  - Net income: $9.2 million
  - EPS: $0.81 per diluted share
  - Result: reported results
  source text: For the first quarter of 2023, net sales were $282.3 million, an increase of 31.0%, compared to $215.5 million for the first quarter of 2022. Net income in the first quarter of 2023 was $9.2 million, or $0.81 per diluted share, compared to net income of $2.1 million, or $0.18 per diluted share, in the prior year period, for increases of 346.5% and 350.0%, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924822/000155837023007877/0001558370-23-007877-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.