Miller Industries

Miller Industries, Inc. (Tennessee) engages in the manufacture of vehicle towing and recovery equipment. Its products include car carriers, light duty, heavy duty, rotators, and special transport. The firm markets its products under the brand names of Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron. The company was founded by William G. Miller in 1990 and is headquartered in Ooltewah, TN.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Miller Industries posts strong Q4 results, eyes $1B revenue in 2023

Miller Industries delivered robust financial performance in Q4 2022, showcasing growth, profitability, and strategic positioning for future success.
The company's emphasis on operational improvements, shareholder value, and market competitiveness underpins its growth trajectory.
While challenges like supply chain disruptions persist, Miller Industries is well-positioned to capitalize on opportunities for revenue expansion and market leadership.

Miller Industries achieves record Q1 revenue and profitability growth

Miller Industries delivered exceptional financial results in Q1 2023, driven by revenue growth, improved profitability, and strong international demand.
While facing challenges in cash management and working capital, the company's strategic governance changes and dividend consistency highlight its resilience and commitment to shareholders.

Miller Industries (MLR) excels in Q2 2023, eyes $1B revenue

Miller Industries delivered robust financial performance in Q2 2023, driven by revenue growth, gross margin expansion, and increased net income, reflecting operational strength and strategic execution.
While facing challenges such as elevated backlogs and supply chain disruptions, the company's focus on debt reduction, dividend payments, and growth initiatives underscores resilience and long-term vision.
With a positive outlook for sustaining profitability, generating significant revenue, and leveraging market opportunities, Miller Industries remains well-positioned for continued success and value creation.

Miller Industries reports strong Q3 performance amidst supply chain challenges

Miller Industries delivered robust financial results in Q3 2023, driven by revenue growth and improved gross margins.
While facing challenges with supply chain disruptions, the company remains focused on operational efficiency and customer satisfaction.
Strategic initiatives to return capital to shareholders and invest in growth underscore the company's commitment to long-term value creation.

Miller Industries reports record-breaking revenues and strategic growth plans

Miller Industries delivered a stellar performance in Q4 2023, achieving record revenues and profits, exceeding targets, and maintaining a strong financial position.
The company's strategic focus on capital allocation, shareholder value, and operational efficiency positions it well for future growth and value creation.
While challenges in sustaining growth and managing costs exist, Miller Industries remains optimistic about its business strategy and growth prospects for fiscal year 2024.
With a commitment to rewarding shareholders, investing in the business, and pursuing growth opportunities, Miller Industries aims to drive continued success and value creation.

Miller Industries reports record Q1 revenues and strategic growth plans

Miller Industries delivered impressive financial results in Q1 2024, showcasing robust revenue growth, improved profitability, and enhanced shareholder value through dividend increases and share repurchases. While facing minor supply chain challenges, the company remains well-positioned to capitalize on opportunities for expansion and sustained growth in the coming quarters.

Miller Industries excels in Q3, eyes international growth opportunities

Miller Industries demonstrates resilience and growth potential amidst challenges, focusing on strategic expansion, financial discipline, and shareholder value creation.

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CHATTANOOGA, Tenn. , May 3, 2023 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the first quarter ended March 31, 2023.

MILLER INDUSTRIES REPORTS 2023 FIRST QUARTER RESULTS

Miller Industries Looks Poised For An Upward Movement.

Miller Industries Looks Poised For An Upward Movement

CHATTANOOGA, Tenn. , April 26, 2023 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the First Quarter ended March 31, 2023, on Wednesday, May 3, 2023, after market close.

MILLER INDUSTRIES TO ANNOUNCE FIRST QUARTER 2023 RESULTS ON WEDNESDAY MAY 3, 2023

Company adds highly qualified, independent directors as part of refreshment process CHATTANOOGA, Tenn. , March 10, 2023 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced that it has entered into an agreement with Lakeview Investment Group & Trading Company, LLC (collectively with its affiliates, "Lakeview") in connection with the addition of highly qualified and independent members to the Company's Board of Directors (the "Board").

MILLER INDUSTRIES APPOINTS NEW MEMBERS TO BOARD OF DIRECTORS AND REACHES AGREEMENT WITH LAKEVIEW

Miller Industries, Inc. (NYSE:MLR ) Q4 2022 Earnings Call Transcript March 9, 2023 10:00 AM ET Company Participants Mike Gaudreau - Investor Relations, FTI Consulting Will Miller - President & Chief Executive Officer Debbie Whitmire - Executive Vice President & Chief Financial Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Fourth Quarter and Full Year 2022 Results Conference Call. Please note this event is being recorded.

Miller Industries, Inc. (MLR) Q4 2022 Earnings Call Transcript

CHATTANOOGA, Tenn. , March 8, 2023 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the fourth quarter and full year ended December 31, 2022.

MILLER INDUSTRIES REPORTS 2022 FOURTH QUARTER AND FULL YEAR RESULTS

CHATTANOOGA, Tenn. , March 1, 2023 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Fourth Quarter ended December 31, 2022, on Wednesday, March 8, 2023, after market close.

MILLER INDUSTRIES TO ANNOUNCE FOURTH QUARTER AND FULL YEAR 2022 RESULTS ON WEDNESDAY MARCH 8, 2023

Compared to the market, Miller Industries has performed quite well in recent months, with sales and profits rising nicely in the latest quarter. This is a sign of strength during uncertain times and the near-term outlook for the company will likely continue to look this way.

Miller Industries Still Has Room To Ride

Miller Industries, Inc. (NYSE:MLR ) Q3 200 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Mike Gaudreau – Investor Relations Debbie Whitmire – Executive Vice President and Chief Financial Officer Jamison Linden – Chief Manufacturing Office Conference Call Participants Arnie Ursaner – Ursaner Family Office Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Third Quarter 2022 Results Conference Call. [Operator Instructions] And at this time, I would like to turn the call over to your host, Mike Gaudreau, at FTI Consulting.

Miller Industries, Inc. (MLR) Q3 2022 Earnings Call Transcript

CHATTANOOGA, Tenn. , Nov. 9, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the third quarter ended September 30, 2022.

MILLER INDUSTRIES REPORTS 2022 THIRD QUARTER RESULTS

CHATTANOOGA, Tenn. , Nov. 2, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Third Quarter ended September 30, 2022, on Wednesday, November 9, 2022, after market close.

MILLER INDUSTRIES TO ANNOUNCE THIRD QUARTER 2022 RESULTS ON WEDNESDAY NOVEMBER 9, 2022

Miller Industries, Inc. (NYSE:MLR ) Q2 2022 Results Conference Call August 4, 2022 2:00 PM ET Company Participants Mike Gaudreau - FTI Consulting Bill Miller - Chairman Will Miller - President and CEO Jeff Badgley - President, International and Military Debbie Whitmire - EVP and CFO Frank Madonia - EVP, Secretary and General Counsel Vince Tiano - Chief Revenue Officer Jamison Linden - Chief Manufacturing Officer Conference Call Participants Arnold Ursaner - Miller Industries Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Second Quarter 2022 Results Conference Call. Please note, this event is being recorded.

Miller Industries, Inc. (MLR) CEO Will Miller on Q2 2022 Results - Earnings Call Transcript

CHATTANOOGA, Tenn. , Aug. 3, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the second quarter ended June 30, 2022.

MILLER INDUSTRIES REPORTS 2022 SECOND QUARTER RESULTS

CHATTANOOGA, Tenn. , July 28, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the second quarter ended June 30, 2022, on Wednesday, August 3, 2022, after market close.

MILLER INDUSTRIES TO ANNOUNCE SECOND QUARTER 2022 RESULTS ON AUGUST 3, 2022

Miller Industries has strong demand for its products. The company is also beset with supply chain problems.

Is Miller Industries A Buy Yet?

Miller Industries, Inc. (NYSE:MLR ) Q1 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Mike Gaudreau - FTI Consulting Will Miller - President & Chief Executive Officer Debbie Whitmire - Executive Vice President & Chief Financial Officer Conference Call Participants Arnie Ursaner - Ursaner Family Office Operator Good day, ladies and gentlemen, and welcome to the Miller Industries First Quarter 2022 Results Conference Call. Please note, this event is being recorded.

Miller Industries, Inc. (MLR) CEO Will Miller on Q1 2022 Results - Earnings Call Transcript

CHATTANOOGA, Tenn. , May 4, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the first quarter ended March 31, 2022.

MILLER INDUSTRIES REPORTS 2022 FIRST QUARTER RESULTS

CHATTANOOGA, Tenn. , April 28, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the first quarter ended March 31, 2022, on Wednesday, May 4, 2022, after market close.

MILLER INDUSTRIES TO ANNOUNCE FIRST QUARTER 2022 RESULTS ON MAY 4, 2022

Due to inflationary headwinds, the stock is back to its 13-year-old trend line. As has been seen historically, there's a good potential and probability for a reversal.

Miller Industries Provides Attractive Total Return Potential

Miller Industries has had a difficult two years, especially when it has come to profitability and cash flows.

Miller Industries: The Risk To Reward Here Is Favorable

Miller Industries, Inc. (MLR) CEO Will Miller on Q4 2021 Results - Earnings Call Transcript

CHATTANOOGA, Tenn., March 9, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the fourth quarter and full year ended December 31, 2021.

MILLER INDUSTRIES REPORTS 2021 FOURTH QUARTER AND FULL YEAR RESULTS

CHATTANOOGA, Tenn., March 2, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the fourth quarter and full year ended December 31, 2021 on Wednesday, March 9, 2022, after market close.

MILLER INDUSTRIES TO ANNOUNCE FOURTH QUARTER AND FULL YEAR 2021 RESULTS ON MARCH 9, 2022

CHATTANOOGA, Tenn., March 2, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) announced the grant of equity incentives to its executive officers that were made by the Compensation Committee of its Board of Directors on March 1, 2022.

MILLER INDUSTRIES GRANTS EQUITY AWARDS TO EXECUTIVE OFFICERS

Miller Industries is the world's largest manufacturer of towing and recovery equipment. The company has built a strong moat around its business through partnerships with distributors.

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