---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-014185"
form_type: "8-K"
ticker: "MLR"
cik: "0000924822"
company_name: "MILLER INDUSTRIES INC /TN/"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-12T00:05:12.950917+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Miller Industries posts record Q2 revenue of $300.3M, EPS surges 291% to $1.29

## Summary
- Net sales $300.3M (+49% YoY); net income $14.9M ($1.29 diluted EPS) vs $3.8M ($0.33) prior year.
- Gross margin expanded to 13.3% from 9.1%; SG&A up to $19.5M partly on executive comp and legal fees.
- Board declares $0.18/share dividend payable Sept 11, 2023; 51st consecutive quarterly dividend.
- CEO confirms FY 2023 revenue target >$1B with significant profit improvement; backlog near record.
- Closed May 2023 acquisition of Southern Hydraulic Cylinder for supply chain vertical integration.

## SEC filing metadata
- accession: 0001558370-23-014185
- form_type: 8-K
- ticker: MLR
- cik: 0000924822
- company_name: MILLER INDUSTRIES INC /TN/
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924822/000155837023014185/0001558370-23-014185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924822/000155837023014185/mlr-20230809x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-014185
- JSON: https://secwatch.observer/filing/0001558370-23-014185.json
- Plain text: https://secwatch.observer/filing/0001558370-23-014185.txt

## Key facts
- Earnings Releases
  MILLER INDUSTRIES INC /TN/ reported the second quarter ended June 30, 2023 results: revenue $300.3 million, net income $14.9 million, EPS $1.29 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $300.3 million
  - Net income: $14.9 million
  - EPS: $1.29 per diluted share
  - Result: reported results
  source text: For the second quarter of 2023, net sales were $300.3 million, an increase of 49.0%, compared to $201.5 million for the second quarter of 2022. Net income in the second quarter of 2023 was $14.9 million, or $1.29 per diluted share, compared to net income of $3.8 million, or $0.33 per diluted share, in the prior year period, for increases of 297.0% and 290.9%, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924822/000155837023014185/0001558370-23-014185-index.htm

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