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Miller Inds Stock Price, News & Analysis

MLR NYSE

Welcome to our dedicated page for Miller Inds news (Ticker: MLR), a resource for investors and traders seeking the latest updates and insights on Miller Inds stock.

Miller Industries, Inc. (NYSE: MLR) is a Tennessee-incorporated manufacturer that focuses on vehicle towing and recovery equipment, and it regularly issues news updates that are relevant to investors and industry observers. The company describes itself as The World's Largest Manufacturer of Towing and Recovery Equipment® and markets its products under brands including Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Titan and Eagle.

The news flow for Miller Industries covers several recurring themes. Earnings releases provide quarterly results, commentary on demand for towing and recovery equipment, and discussions of factors such as chassis shipments from original equipment manufacturers, cost reduction plans and capital allocation decisions. These releases often include information about dividends, share repurchases and the company’s financial position.

Miller Industries also announces corporate actions and strategic transactions through its news. One example is the acquisition of Omars – S.p.A, a designer and manufacturer of towing and recovery vehicles based in Cuneo, Italy. The company has highlighted that Omars has over 45 years of experience in manufacturing light-duty, medium-duty and heavy-duty car carriers and recovery vehicles and that the acquisition is expected to expand its European footprint and add manufacturing capacity.

Other news items describe workforce and operational changes, such as a workforce reduction across three manufacturing facilities as part of a cost reduction plan, and participation in investor conferences, where senior management presents and hosts one-on-one meetings with investors. These announcements provide insight into how Miller Industries responds to market conditions and communicates with the investment community.

By following the Miller Industries news stream, readers can monitor quarterly financial performance, strategic acquisitions, operational adjustments and investor relations activities related to the company’s towing and recovery equipment business.

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Miller Industries (NYSE: MLR) reported Q4 2025 revenue of $171.2M (down 22.9% YoY) and net income of $3.4M (down 67.6%), with gross margin at 15.5%.

Key corporate actions: completed acquisition of Omars, secured >$150M in military commitments, approved a ~$100M 200,000+ sq ft Ooltewah expansion, and raised the quarterly dividend 5% to $0.21.

2026 revenue guidance is $850M–$900M, with full-year gross margins expected in the mid‑13% range.

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Miller Industries (NYSE: MLR) will release Fourth Quarter and Full Year 2025 results on Wednesday, March 4, 2026 after market close. The company will host a live conference call and webcast on Thursday, March 5, 2026 at 10:00 AM ET.

Investors can access the live webcast at https://app.webinar.net/9AXVJwqopwz; an archived version will be available on the same site after the call.

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Miller Industries (NYSE: MLR) completed an all-cash acquisition of Omars S.p.A on Dec 2, 2025 for approximately €17.5 million (~$20.3 million), subject to pre- and post-closing cash and net working capital adjustments.

Omars, headquartered in Cuneo, Italy, reported ~$27 million revenue in 2024 and manufactures light-, medium- and heavy-duty car carriers and recovery vehicles. Miller says the purchase expands its European footprint, adds manufacturing capacity, and is expected to be accretive in year one. Management reiterated continued capital returns via quarterly dividends and share repurchases.

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Miller Industries (NYSE: MLR) announced that CEO William Miller II and CFO Deborah Whitmire will present and host 1x1 investor meetings at the 17th Annual Southwest IDEAS Investor Conference in Dallas, TX on November 19–20, 2025.

The company's presentation is scheduled for November 19, 2025 at 8:35 AM CT. The presentation will be webcast and is accessible via the conference host website and Miller Industries' investor relations site.

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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).

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Miller Inds (MLR)?

The current stock price of Miller Inds (MLR) is $48.09 as of April 20, 2026.

What is the market cap of Miller Inds (MLR)?

The market cap of Miller Inds (MLR) is approximately 540.5M.