secwatch.observer — SEC 8-K summary
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Issuer:     MYERS INDUSTRIES INC (MYE)
CIK:        0000069488
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001564590-21-041159
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Myers Industries Q2 net sales up 58% to $187.4M; adj. EPS $0.29; gross margin down 660 bps on resin costs
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- Net sales $187.4M (+58.3% YoY); organic growth 32% excluding Elkhart acquisition.
- Adjusted EPS $0.29 vs $0.23; GAAP EPS $0.30 vs $0.23.
- Gross profit margin fell to 29.4% from 36.0% as resin cost increases outpaced price actions.
- Material Handling segment organic sales +24% but adj. op. margin dropped 710 bps to 12.4%.
- FY2021 outlook: net sales growth mid-40%; adj. diluted EPS $0.90–$1.05; capex $15–$18M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/69488/000156459021041159/0001564590-21-041159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/69488/000156459021041159/mye-8k_20210805.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-041159

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