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Myers Industries, Inc. 10-Q Filings

MYE NYSE

Every 10-Q that Myers Industries, Inc. (MYE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow MYE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MYE filings page.

Rhea-AI Summary

Myers Industries, Inc. reported Q2 2026 net sales of $179.2 million, up 9.8% year over year, and net income of $20.0 million versus $9.7 million a year ago. Gross margin improved to 34.3% as gross profit rose 20.4%, while operating income from continuing operations increased 57.1% to $31.2 million, helped by higher volume, modest pricing gains, favorable mix and cost productivity, with SG&A down 2.9%.

For the first half, net sales grew to $343.8 million and operating income reached $56.0 million, with net cash from continuing operations increasing to $58.8 million. The company reduced debt by repaying $35.0 million on Term Loan A, leaving $316.0 million outstanding and a net leverage ratio of 1.94. Myers reclassified the Myers Tire Supply business as discontinued operations, recording $19.5 million of impairment charges and expecting its divestiture in 2026, while also agreeing after quarter-end to extend credit facility maturities and replace Term Loan A with a new five-year, $250 million term loan.

Rhea-AI Summary

Myers Industries reported first-quarter 2026 net sales of $164.6 million, up 1.8% year over year. Gross profit rose to $56.5 million and operating income climbed 44.5% to $24.9 million as mix, lower material costs and cost efficiencies lifted gross margin to 34.4%.

Income from continuing operations increased to $13.8 million, but a $19.5 million impairment tied to the planned divestiture of the Myers Tire Supply business drove a discontinued-operations loss of $15.6 million and an overall net loss of $1.8 million.

The company shifted to a single operating segment, reclassified shipping and handling costs into cost of sales, generated $26.7 million of operating cash flow, and reduced total debt under its Term Loan A while ending the quarter with $44.6 million of cash.

Rhea-AI Summary

Myers Industries reported solid third‑quarter results. Net sales were $205.4 million and diluted EPS was $0.19. Operating income reached $17.7 million, a sharp turnaround from a prior‑year operating loss driven by a 2024 goodwill impairment. For the first nine months, net sales were $621.8 million and net income was $23.6 million, up from $2.9 million a year ago.

Year‑to‑date operating cash flow was $64.2 million, lifting cash to $48.0 million at September 30 while total debt declined versus year‑end. The company is executing its Focused Transformation program targeting $20 million annualized SG&A savings by year‑end 2025 and recorded $3.2 million in Q3 restructuring charges ($9.7 million year‑to‑date). It also initiated a sale process for Myers Tire Supply (LTM revenue $186 million). Shareholders’ equity increased to $286.6 million; the quarterly dividend of $0.135 per share was declared, and buybacks under the $10 million 2025 program continued.