Highest-materiality recent filing
Miller Industries Q2 revenue up 12.1% to $240M; EPS $0.63 down 13.7% YoY; reaffirms FY guidance
Revenue $240M (+12.1% YoY); net income $7.3M (-14.1%); diluted EPS $0.63 (-13.7%).
Miller Industries annual meeting elects all 7 director nominees and approves auditor
Shareholders elected all seven director nominees, including Theodore H. Ashford III and William G. Miller, with over 90% votes for.
Miller Industries Q1 net income drops 93% to $555k; revenue down 20%; reaffirms FY 2026 guidance
Revenue $180.9M (-19.8% YoY); diluted EPS $0.05 vs $0.69; net income $555k (-93.1%).
Miller Industries amends severance plan; removes equity portion from bonus calculation
Compensation Committee approved Third Amended and Restated Severance Protection Plan on April 7, 2026.
Second Amended Severance Plan eliminates change-in-control benefits; severance only on qualifying termination (without cause, death/disability, or good reason).
Miller Industries Reports Q4 2025 Results, Acquisition of Omars, and 5% Dividend Increase
Revenue $171.2M in Q4 2025, a 22.9% decrease from $221.9M in Q4 2024.
Miller Industries completes $20.3M acquisition of Italian towing equipment maker Omars
Acquired Omars for ~€17.5M ($20.3M) all-cash; ~$876K escrowed for indemnification.
Miller Industries Q3 net sales down 43% to $178.7M; EPS $0.27 vs $1.33
Net sales $178.7M (-43.1% YoY); net income $3.1M ($0.27 diluted EPS), down 80% from $15.4M ($1.33) in Q3 2024.
Miller Industries Q2 net sales down 42.4% YoY to $214M; EPS $0.73 vs $1.78; suspends EPS guidance
Net sales $214.0M (-42.4% YoY); net income $8.5M ($0.73 diluted EPS) vs $20.5M ($1.78) last year.
Miller Industries shareholders reject say-on-pay; reelect all 7 directors, approve stock plan
Say-on-pay advisory vote failed: 6,132,105 against vs 3,160,628 for (66% against).
Miller Industries Q1 net sales $225.7M (-35.5% YoY), EPS $0.69 vs $1.47, declares $0.20 dividend
Net sales $225.7M vs $349.9M YoY, down 35.5% on lower chassis shipments.
Company will hold teleconference and audio webcast on March 6, 2025 to discuss Q4 and full year ended December 31, 2024 results.
Miller Industries Q4 sales slump 25%; 2025 guidance revenue $950M-$1.0B, EPS $2.90-3.20
Q4 net sales $221.9M (-25.1% YoY); net income $10.5M ($0.91 EPS) vs $16.7M ($1.45).
Miller Industries sets 2025 annual meeting for May 23, proxy deadlines announced
Annual meeting scheduled for May 23, 2025; details in upcoming proxy statement.
Miller Industries Q3 revenue up 14.5% to $314.3M; EPS falls to $1.33 from $1.52
Net sales $314.3M (+14.5% YoY) driven by normalized OEM chassis deliveries; hurricane Helene had low single-digit million revenue impact.
Miller Industries posts investor presentation with FY 2023 financials and product summary
FY 2023 revenue of $1.15B; net income $58.3M; diluted EPS $5.07; gross margin 13.2%.
Net sales $371.5M (+23.7% YoY); net income $20.5M ($1.78 diluted EPS) vs $14.9M ($1.29) YoY.
All nine director nominees elected; say-on-pay and auditor ratification approved at annual meeting
Elected nine directors with majority support; William G. Miller received highest votes (9,161,852 for).
Miller Industries Q1 net sales $349.9M (+23.9% YoY); diluted EPS $1.47 vs $0.81
Net sales $349.9M, up 23.9% YoY; gross margin improved to 12.6% from 10.8%.
Miller Industries board authorizes $25M stock repurchase program
Program authorizes up to $25M of common stock repurchases with no expiration date.
Miller Industries Q4 net sales $296.2M (+31%), EPS $1.45 vs $0.81; raises dividend 5.6%
Q4 net sales $296.2M (+31.2% YoY); net income $16.7M ($1.45 diluted EPS) vs $9.3M ($0.81).
Miller Industries reports preliminary Q4 net sales up ~30% YoY; FY2023 record revenue ~$1.15B
Q4 net sales $290M-$296M, up 29.7% YoY; gross profit $37.5M-$38.5M, up 48.9% YoY.
Miller Industries updates director indemnification agreements
On November 26, 2023, committee adopted updated form of indemnification agreement for directors.
Miller Industries provides 6M 2023 financials: Revenue $582.5M, EPS $2.10
6M 2023 revenue $582.5M, net income $24.1M (4.1%), EPS $2.10, gross margin 12.1%.
Miller Industries Q3 net sales up 33.6% to $274.6M; EPS $1.52 vs $0.46 YoY
Net sales $274.6M (+33.6% YoY); gross margin 15.6% vs 11.3% prior year.
Miller Industries reports 6M 2023 revenue $582.5M, EPS $2.10 in investor presentation
6M 2023 revenue of $582.5M; gross margin $70.3M (12.1%); net income $24.1M (4.1%); EPS $2.10.
Miller Industries posts record Q2 revenue of $300.3M, EPS surges 291% to $1.29
Net sales $300.3M (+49% YoY); net income $14.9M ($1.29 diluted EPS) vs $3.8M ($0.33) prior year.
Miller Industries acquires Southern Hydraulic Cylinder for ~$17.5M
Asset purchase of custom hydraulic cylinder manufacturer for approx. $17.5M, subject to cash and working capital adjustments.
All 10 director nominees elected; Jill Sutton received highest vote (9,502,732 for, 58,702 withheld).
Miller Industries Q1 net sales up 31% to $282.3M; EPS $0.81 vs $0.18 YoY
Net income of $9.2M ($0.81 diluted EPS) vs $2.1M ($0.18) in Q1 2022, a 346.5% increase.
Miller Industries revamps executive comp: new bonus program, salary hikes, severance plan
Annual bonus pool formula: 5% of Adjusted Pretax Income if >$10M and ≤$25M, 8% if >$25M and ≤$50M, 11.25% if >$50M; part payable in RSUs at higher tiers.
Miller Industries appoints 4 new directors, agrees to board refresh with Lakeview
Board expanded from 7 to 11; Javier Reyes, Jill Sutton, Peter Jackson, Susan Sweeney appointed.
Miller Industries Q4 EPS $0.81 beats prior $0.24; guides FY2023 revenue above $1B
Q4 net sales $225.9M (+12% YoY); net income $9.3M ($0.81 diluted EPS) vs $2.7M ($0.24).
Miller Industries Q3 net sales up 24.8% to $205.6M; EPS $0.46 vs $0.34 YoY
Net sales $205.6M, +24.8% YoY; net income $5.2M ($0.46 diluted EPS), +36% YoY.
Miller Industries doubles revolving credit facility to $100M; maturity unchanged through May 2027
Maximum principal amount increased from $50M to $100M under First Amendment with First Horizon Bank.
Miller Industries raises CEO salary to $700k; other execs get increases
CEO William G. Miller II base salary increased from $603,189 to $700,000 effective Sept 1, 2022.
Miller Industries annual meeting elects all seven directors and approves say-on-pay
Shareholders elected Theodore Ashford, A. Russell Chandler, William Miller, William Miller II, Richard Roberts, Leigh Walton, Deborah Whitmire as directors.
Miller Industries Q2 net sales up 11% to $201.5M but net income drops 42% to $3.8M
Q2 diluted EPS $0.33 vs $0.57 in prior year; net income $3.8M, down 42.3%.
Miller Industries Q1 revenue rises 27% to $215.5M; EPS drops 35% to $0.18
Net sales $215.5M, up 26.9% YoY; net income $2.1M ($0.18 EPS) vs $3.2M ($0.28 EPS) down 35%.
Miller Industries Q4 EPS $0.24 vs $1.05 last year; revenue up 13%
Net sales Q4 2021 $201.7M (+13.1% vs $178.3M); full year $717.5M (+10.2%).
Miller Industries grants 160,000 RSUs to execs, adopts new bonus plan, elects officers
160,000 RSUs granted to 7 executives (Miller II 60k, Badgley 30k, Whitmire 30k, others 10k each) vesting over 5 years.
Miller Industries Q3 net income falls 41.3% to $3.8M (EPS $0.34); sales down 2.2%
Net sales $164.7M (-2.2% YoY); net income $3.8M (-41.3%), diluted EPS $0.34 vs $0.57.
Miller Industries Q2 net sales up 40.9% to $181.2M; EPS $0.57 vs $0.51 YoY
Net income of $6.5M ($0.57 EPS) vs $5.8M ($0.51) in Q2 2020, up 11.8%.
the Board voted to increase its size from seven directors to eleven directors and to appoint Dr. Sweeney, Ms. Sutton, Dr. Reyes and Mr. Jackson, to fill the newly created vacancies, effective as of March 8, 2023.
Deborah L. Whitmire will be completing her current term on the Board and will not stand for re-election at the 2023 Annual Meeting.
the Board voted to increase its size from seven directors to eleven directors and to appoint Dr. Sweeney, Ms. Sutton, Dr. Reyes and Mr. Jackson, to fill the newly created vacancies, effective as of March 8, 2023.
the Board voted to increase its size from seven directors to eleven directors and to appoint Dr. Sweeney, Ms. Sutton, Dr. Reyes and Mr. Jackson, to fill the newly created vacancies, effective as of March 8, 2023.
the Board voted to increase its size from seven directors to eleven directors and to appoint Dr. Sweeney, Ms. Sutton, Dr. Reyes and Mr. Jackson, to fill the newly created vacancies, effective as of March 8, 2023.
Max materiality 0.90 · Median 0.65 · Most common event earnings