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. reports company news tied to its role as a manufacturer of sustainable plastic and metal products for Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket end markets. Its Products that Protect portfolio includes durable products and solutions used in material handling, storage, organization, OEM applications, and related industrial uses.
Recurring developments include quarterly and annual earnings, single-segment financial reporting, focused transformation initiatives, manufacturing cost actions, cash flow and leverage updates, dividends, annual meeting matters, and board composition. Company updates also address changes in financial presentation, end-market demand, raw material and production-cost risks, and governance actions approved by shareholders or the board.
Myers Industries (NYSE: MYE) has declared its quarterly cash dividend of $0.135 per share. The dividend will be paid on April 4, 2025, to shareholders of record as of March 14, 2025.
Myers Industries, headquartered in Akron, Ohio, operates as a manufacturer of sustainable plastic and metal products serving industrial, agricultural, automotive, commercial, and consumer markets. The company also maintains its position as the largest distributor of tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry in the United States.
Myers Industries (NYSE: MYE) has announced its 2025 Annual Meeting of Shareholders, scheduled for Thursday, April 24, 2025, at 9:00 a.m. Eastern Time. The meeting will be held in person at the Courtyard by Marriott in Akron, Ohio, and will also be accessible via live audio webcast through the company's Investor Relations website. The Board of Directors has established March 6, 2025 as the record date for shareholders entitled to notice and voting rights at the annual meeting. An archive of the webcast will be available for replay after the meeting.
Myers Industries (NYSE: MYE) has scheduled its fourth quarter and full year 2024 financial results announcement for Thursday, March 6, 2025, before market opening. The company will host a conference call at 8:30 a.m. Eastern Time on the same day.
Investors and analysts can participate by registering through the provided link, after which they'll receive call details and a registrant ID. Alternatively, a live webcast will be available on the company's website under the Investor Relations section. A telephone replay will be accessible using the U.S. Toll-Free number 1-866-813-9403 or International/U.S. Local number 1-929-458-6194 with access code 461896.
Myers Industries, headquartered in Akron, Ohio, manufactures sustainable plastic and metal products for various markets including industrial, agricultural, automotive, commercial, and consumer sectors. The company is also the leading distributor of tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry in the United States.
Myers Industries (NYSE: MYE) has appointed Aaron M. Schapper as President, CEO, and Board Director, effective January 1, 2025. Schapper succeeds Dave Basque, who has served as Interim President and CEO since September 9, 2024. Schapper joins from Valmont Industries, where he held various senior leadership roles over eight years, including Chief Strategy Officer and Group President positions. His experience includes leading global industrial businesses and managing operations in China. The appointment follows a comprehensive search process to lead Myers' next growth phase.
Concentra Group Holdings (NYSE: CON) will be added to the S&P SmallCap 600 effective prior to the open on Nov 27, 2024, replacing Myers Industries. Select Medical is distributing 80% of Concentra shares to shareholders in a transaction expected on Nov 26, 2024. Separately, Flex (FLEX) will join the S&P MidCap 400 on Nov 25, 2024, while Azenta (AZTA) moves to the S&P SmallCap 600 as Envestnet (ENV) is removed ahead of a Bain Capital acquisition.
Myers Industries (NYSE: MYE) reported Q3 2024 results with net sales of $205.1 million, up 3.7% from prior year. The company recorded a net loss of $10.9 million, including a $22.0 million non-cash goodwill impairment charge. Adjusted EBITDA increased to $30.7 million from $25.6 million. The company updated its full-year guidance, now expecting adjusted earnings per share of $0.92-$1.02. Management announced targeting additional $15 million in annualized cost savings by 2025, while facing ongoing demand headwinds in certain markets.
Myers Tire Supply, the largest distributor of tools and equipment for the tire and under-vehicle service industry, will showcase its MTS Xpress digital platform at the 2024 SEMA Show in Las Vegas from Nov. 5-8. Launched in 2023, MTS Xpress is a mobile app-based system that helps users consolidate suppliers, control inventory levels, and reduce labor costs. The platform features barcode scanning for easy reordering, same-day shipping capabilities, and free installation by Myers professionals. The system includes a rack-and-bin storage solution for qualified customers and is already used by thousands of tire dealers and National Accounts.
Myers Industries (NYSE: MYE) has declared a quarterly cash dividend of $0.135 per share. The dividend will be paid on January 3, 2025, to shareholders of record as of December 3, 2024. Myers Industries is a leading manufacturer of polymer and metal products serving industrial, agricultural, automotive, commercial and consumer markets, and is the largest distributor of tools, equipment and supplies for the tire, wheel, and under-vehicle service industry in the U.S.
Myers Industries' Connect-A-Dock brand has been named the Official Dock Supplier for the Head Of The Charles Regatta (HOCR), the world's largest rowing event. Connect-A-Dock has supported HOCR for over two decades. The event, held annually since 1965 on the Charles River in Cambridge, Mass., will take place from Oct. 18 to 20 this year, expecting to attract over 12,000 athletes and thousands of spectators.
Connect-A-Dock's floating dock systems are known for their versatility and stability, making them popular among regattas, boat houses, and rowing clubs across the US and Canada. For the 2024 event, a new 120-foot by 7.5-foot Connect-A-Dock system will serve as the main launching platform on the Charles River.
Myers Industries (NYSE: MYE) has announced the reporting date for its 2024 third quarter financial results. The company will release its results on Monday, November 4, 2024, after market close. A conference call will be held the same day at 4:30 p.m. Eastern Time to review the performance.
Investors and analysts can access the call by registering through a provided participation link. Alternatively, a live webcast will be available on the company's website. An archived replay of the call will be accessible shortly after the event, with dial-in details provided for telephone replay access.
Myers Industries, based in Akron, Ohio, is a manufacturer of sustainable plastic and metal products for various markets and the largest distributor of tools and equipment for the tire and vehicle service industry in the United States.