Miller Inds Stock Price, News & Analysis

Miller Industries (NYSE: MLR) reported third-quarter 2025 results for the period ended September 30, 2025. Net sales were $178.7 million, down 43.1% year-over-year. Gross profit was $25.3 million (14.2% margin) and net income was $3.1 million, or $0.27 per diluted share, an 80.0% decline from the prior year. Management cited lower chassis shipments and production adjustments to reduce field inventory. The Board declared a quarterly $0.20 cash dividend payable December 9, 2025. The company reaffirmed 2025 revenue guidance of $750–$800 million, repurchased ~$1.2 million of shares, returned ~$3.5 million to shareholders in the quarter, and reduced debt by $10 million during the quarter (plus an additional $10 million in October 2025).

Miller Industries (NYSE: MLR) will release third quarter results for the period ended September 30, 2025, on Wednesday, November 5, 2025 after market close. The company will host a live conference call and webcast on Thursday, November 6, 2025 at 10:00 AM ET (9:00 AM CT, 8:00 AM MT, 7:00 AM PT).

Listeners are asked to access the webcast at https://app.webinar.net/qb6LAMVzyxX and to arrive 15 minutes early to download any required audio software. An archived recording will be available on the same site after the call.

About the company: Miller Industries is described as the world’s largest manufacturer of towing and recovery equipment and markets products under brands including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface and Eagle.

Miller Industries (NYSE:MLR), the world's largest manufacturer of towing and recovery equipment, has announced its participation in the 24th Annual D.A. Davidson Diversified Industrials & Services Conference. The company's leadership team, including CEO William Miller II and CFO Deborah Whitmire, will conduct one-on-one meetings with investors on September 18, 2025, in Nashville, Tennessee.

Miller Industries operates through several well-known brands including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Titan, and Eagle.

Miller Industries (NYSE:MLR), the world's largest manufacturer of towing and recovery equipment, has announced its participation in the upcoming Midwest IDEAS Investor Conference. CEO William Miller II and CFO Deborah Whitmire will deliver a presentation on August 27, 2025, at 10:00 AM CT at The InterContinental in Chicago.

Investors can access the presentation through the conference website at threepartadvisors.com/midwest or via Miller Industries' investor relations page at millerind.com/investors.

Miller Industries (NYSE: MLR), the world's largest manufacturer of towing and recovery equipment, has announced a significant workforce reduction affecting approximately 150 positions across three manufacturing facilities. The decision comes as part of a comprehensive cost reduction plan aimed at enhancing operational efficiency.

The company cites ongoing market challenges, including reduced retail sales and lower order intake, as primary factors driving this decision. To support affected employees, Miller Industries will provide financial and benefit assistance, along with outplacement and career transition resources.

Miller Industries (NYSE: MLR), the world's largest manufacturer of towing and recovery equipment, reported challenging Q2 2025 results with significant revenue declines. Net sales decreased 42.4% to $214.0 million compared to $371.5 million in Q2 2024, primarily due to reduced chassis shipments. Net income fell 58.8% to $8.5 million, or $0.73 per diluted share.

The company faced industry-wide demand headwinds, with retail sales down 20% quarter-over-quarter and order intake from distributors declining 30%. In response, Miller Industries revised its 2025 guidance, now expecting revenue between $750-800 million, and suspended EPS guidance due to potential restructuring costs.

Despite challenges, the company maintained its quarterly dividend of $0.20 per share. Management remains optimistic about long-term fundamentals, citing increasing miles driven, aging vehicles, and potential military contracts as future growth drivers.

Miller Industries (NYSE:MLR), the world's largest manufacturer of towing and recovery equipment, has scheduled its Second Quarter 2025 earnings release for Wednesday, August 6, 2025, after market close.

The company will host a conference call on Thursday, August 7, 2025, at 10:00 AM ET to discuss the results. Investors can access the live webinar through the provided link, with an archived version available afterward.

Miller Industries (NYSE: MLR), the world's largest manufacturer of towing and recovery equipment, announced its participation in the 15th Annual East Coast IDEAS Investor Conference. CEO William Miller II and CFO Deborah Whitmire will deliver a presentation on June 12, 2025, at 10:00 AM ET at The Westin Times Square in New York. Investors can access the presentation through the conference website or Miller Industries' investor relations page. This event provides an opportunity for investors to learn more about the company's operations and strategy through both the presentation and one-on-one meetings.

Miller Industries (NYSE: MLR) reported its Q1 2025 financial results with net sales of $225.7 million, down 35.5% from $349.9 million in Q1 2024, primarily due to decreased chassis shipments. Despite lower sales, gross margin improved to 15.0% from 12.6%, driven by a shift in product mix. Net income decreased 52.6% to $8.1 million ($0.69 per diluted share) compared to $17.0 million ($1.47 per diluted share) in Q1 2024. The company declared a quarterly dividend of $0.20 per share and executed $2.1 million in share repurchases. Management highlighted efforts to mitigate tariff impacts through surcharges and price increases, while noting strong activity in the global military market and anticipating improvements in the second half of 2025.