Welcome to our dedicated page for Myers Inds news (Ticker: MYE), a resource for investors and traders seeking the latest updates and insights on Myers Inds stock.
Myers Industries, Inc. (NYSE: MYE) is an Akron, Ohio-based manufacturer of sustainable plastic and metal products serving Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket end markets. The MYE news feed on Stock Titan aggregates company press releases, earnings announcements, and other public updates that reflect how this diversified industrial business is evolving.
Investors and followers of Myers Industries can use the news stream to monitor developments in its Material Handling and Distribution segments, including performance in key end markets and updates on brands such as Akro-Mils, Buckhorn, Jamco, Scepter, Signature Systems, and Tuff Series. News items also highlight activities at subsidiaries like Elkhart Plastics, which produces Connect-A-Dock floating dock systems and related accessories.
Typical MYE news coverage includes quarterly and annual earnings releases, segment and end-market commentary, dividend declarations, and information about strategic initiatives. Recent communications have discussed a Focused Transformation program, a strategic review of the Myers Tire Supply business in the Automotive Aftermarket Distribution segment, and actions such as consolidating rotational molding production capacity and targeting cost savings in selling, general and administrative expenses.
Corporate governance and leadership updates are also part of the Myers Industries news flow, including board appointments and executive leadership changes, as reported in Current Reports on Form 8-K and accompanying press releases. Product and brand news, such as the launch of new accessories within the Connect-A-Dock line, provide additional insight into how Myers Industries expands and refines its product offerings.
By reviewing the MYE news page, readers can follow how Myers Industries communicates its financial results, portfolio decisions, and product developments across the diverse end markets it serves.
Myers Industries (NYSE: MYE) has appointed Samantha Rutty as Executive Vice President and Chief Financial Officer, effective September 22, 2025. Rutty, 44, brings over two decades of finance leadership experience from global services and manufacturing companies.
Rutty joins Myers from The Brink's Company, where she served as VP and CFO of Brink's North America since November 2022. Previously, she spent 20 years at Eaton Corporation in various senior finance roles. She holds an MBA from Western Michigan University and succeeds Daniel Hoehn, who has served as interim CFO since May 2, 2025. Hoehn will continue as Vice President and Corporate Controller.
Myers Industries (NYSE: MYE), a leading manufacturer of sustainable plastic and metal products, has declared a quarterly cash dividend of $0.135 per share. The dividend will be payable on October 2, 2025, to shareholders of record as of September 12, 2025.
The company, based in Akron, Ohio, serves multiple end markets including Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket segments. Myers Industries has built its reputation on strong brands and innovative products, establishing itself as a diversified industrial leader through continuous product development and strategic acquisitions.
Myers Industries (NYSE:MYE) reported Q2 2025 results with net sales decreasing 4.8% to $209.6 million, while net income declined 5.6% to $9.7 million. The company announced three strategic initiatives: a strategic review of Myers Tire Supply business (with LTM revenue of $189M), the idling of two rotational molding facilities in Ohio, and progress toward $20 million in cost savings by end-2025.
Q2 highlights include significant free cash flow improvement to $24.7 million, up $14.8M year-over-year. The Material Handling segment saw operating income increase 2.7%, while Distribution segment performance declined. The company maintains strong liquidity of $281 million and reduced total debt by $13 million, achieving a net leverage ratio of 2.8x.
Myers Industries (NYSE:MYE) subsidiary Elkhart Plastics has launched the Schwig's Garden Box™, a new modular dock accessory designed for the Connect-A-Dock® 2000 Series floating dock system. The innovative product features a 20-cubic-foot capacity floating, raised-bed design that enables dock owners to grow plants and vegetables directly on their waterfront.
The Garden Box, developed in partnership with Schwig Outdoors, serves both residential and commercial applications, offering potential for transforming public shorelines, retention basins, and floodplains into green spaces. The product is now available through Connect-A-Dock's dealer network.
Myers Industries (NYSE: MYE) has scheduled its second quarter 2025 financial results announcement for Thursday, July 31, 2025, before market opening. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results.
Participants can join through online registration or access a live webcast via the company's investor relations website. A replay will be available by dialing 1-929-458-6194 (Local) or 1-866-813-9403 (Toll-Free) with access code 139592.
Elkhart Plastics, a Myers Industries (MYE) subsidiary, has launched new Vertical Water Storage Tanks, marking its entry into the water storage market. The tanks, designed for commercial and residential use, are available in four capacities: 1,000, 1,500, 2,500, and 3,000 gallons, with more sizes planned.
The tanks feature UV-resistant, FDA-approved high-density polyethylene construction with a 10-year limited warranty. Key design elements include multiple connection points, dual manway lids, integrated air bleeds, and reinforced tank tops. The products serve various applications including crop irrigation, livestock care, manufacturing processes, and fire suppression.
The tanks can be purchased directly from Elkhart or through their dealer network.Myers Industries (NYSE: MYE) announced that Executive Vice President and CFO Grant Fitz has resigned, effective May 2, 2025. Daniel Hoehn, current Vice President and Corporate Controller, will serve as interim CFO while the company conducts a formal search for a permanent replacement.
The leadership transition is not related to any accounting or financial statement matters. Hoehn, who has been with Myers since 2019, previously served as Interim CFO from September 2020 to March 2021. His experience includes roles as VP, Controller, and Chief Accounting Officer at Babcock & Wilcox Enterprises, and finance leadership positions at Chiquita Brands International.
CEO Aaron Schapper expressed confidence in Hoehn's ability to lead the finance group during the transition period and continue progress on the company's Focused Transformation initiative. The company will report first quarter earnings on May 1, 2025.