secwatch.observer — SEC 8-K summary
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Issuer:     MILLER INDUSTRIES INC /TN/ (MLR)
CIK:        0000924822
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001558370-25-006762
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Miller Industries Q1 net sales $225.7M (-35.5% YoY), EPS $0.69 vs $1.47, declares $0.20 dividend
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- Net sales $225.7M vs $349.9M YoY, down 35.5% on lower chassis shipments.
- Net income $8.1M ($0.69 diluted EPS) vs $17.0M ($1.47) YoY, down 52.6%.
- Gross margin improved to 15.0% from 12.6% on favorable product mix shift to bodies.
- Board declares quarterly cash dividend $0.20/share, payable June 9, 2025 to holders of record June 2, 2025.
- Company repurchased $2.1M in shares during Q1; $20M remains under authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924822/000155837025006762/0001558370-25-006762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924822/000155837025006762/mlr-20250507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-006762

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