Myers Industries (NYSE: MYE) refinances loans and reports sharp Q2 2026 profit growth

Rhea-AI Filing Summary

Myers Industries entered into an amended credit agreement with JPMorgan and other lenders, adding a new $250 million Term Loan Facility and maintaining a $250 million Revolving Facility. The maturity of both facilities now falls on the fifth anniversary of the July 28, 2026 amendment, with lower interest margins tied to the company’s net leverage ratio and a revised maximum net leverage covenant of 3.50 to 1.00, with temporary step-up capacity to 4.00 to 1.00 for Material Acquisitions.

For the quarter ended June 30, 2026, Myers reported net sales growth of 9.8% to $179,202 (dollars in thousands), operating income of $31,172 (dollars in thousands) up 57.1%, and operating margin of 17.4%. EPS from continuing operations rose to $0.50 from $0.26, with adjusted EPS of $0.53. Adjusted EBITDA was $39,057 (dollars in thousands), a 30.6% increase, with margin expanding to 21.8%. Infrastructure and Food & Beverage revenues grew 52% and 48%, respectively, while Vehicle and Consumer declined. Liquidity totaled $292.3 million, including $244.7 million of revolver availability and $47.6 million of cash, and the net leverage ratio improved to 1.9x.

Positive

• EPS from continuing operations increased to $0.50, up 92.3% year-over-year, and adjusted EPS rose 60.6% to $0.53, reflecting significantly stronger profitability.
• Adjusted EBITDA margin expanded by 350 bps to 21.8%, and the net leverage ratio improved to 1.9x with net debt reduced by $21.2 million, indicating enhanced earnings quality and balance sheet strength.

Negative

• None.

Filing Explained

The amendment refinances existing term debt, extends both facilities to 2031, and requires five-percent annual term-loan amortization.

This Form 8-K reports a material agreement: the July 28 amendment is disclosed as entered into, with a new $250 million Term Loan used to refinance existing term loans. The agreement also continues a $250 million committed Revolving Facility whose proceeds may support working capital and general corporate purposes.

The Term Loans require quarterly installments totaling 5% of their original principal each year. Amounts repaid or prepaid on the Term Loans cannot be borrowed again, so that portion of the debt capacity declines as it is repaid.

The Loan Parties reaffirm liens on their assets, except for certain excluded assets, and reaffirm or provide guarantees for the borrowers’ obligations. This preserves secured-lender claims against the pledged assets under the amended agreement.

The specified follow-up is the “MTS Sale”: the named subsidiaries are released as guarantors until January 28, 2027, unless the sale closes by then; the agreement permits a later date on its stated terms.

8-K Event Classification

5 items: 1.01, 2.02, 2.03, 7.01, 9.01

5 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Net sales Q2 2026: $179,202 (dollars in thousands) EPS from continuing operations Q2 2026: $0.50 Adjusted EPS from continuing operations Q2 2026: $0.53 +5 more

8 metrics

Net sales Q2 2026 $179,202 (dollars in thousands) Quarter ended June 30, 2026 net sales

EPS from continuing operations Q2 2026 $0.50 Income per diluted share from continuing operations, quarter ended June 30, 2026

Adjusted EPS from continuing operations Q2 2026 $0.53 Adjusted income per diluted share from continuing operations, quarter ended June 30, 2026

Adjusted EBITDA Q2 2026 $39,057 (dollars in thousands) Adjusted EBITDA for the quarter ended June 30, 2026

Free cash flow Q2 2026 $26,465 (dollars in thousands) Free cash flow reconciliation for the quarter ended June 30, 2026

Total liquidity $292.3 million Liquidity including $244.7 million revolver availability and $47.6 million cash

Net leverage ratio 1.9x Net leverage ratio under credit agreement after Q2 2026, improved from 2.2x prior quarter

Term Loan Facility size $250 million Aggregate principal amount of new Term Loan Facility under amended loan agreement

Key Terms

Term Loan Facility, Revolving Facility, net leverage ratio, Term SOFR, +2 more

6 terms

Term Loan Facility financial

"establish a new term loan facility (the “Term Loan Facility”) in the aggregate"

A term loan facility is a type of loan provided by a lender that is repaid over a set period of time, usually with fixed payments. It functions like a large, upfront loan that a borrower agrees to pay back gradually, often used to fund major investments or projects. For investors, understanding a company's use of such loans helps assess its financial stability and risk level.

Revolving Facility financial

"revolving credit facility in an aggregate committed principal amount of $250 million"

A revolving facility is a bank loan that works like a company credit card: the borrower can draw funds, repay them, and draw again up to a set limit during the agreement period. It matters to investors because it provides short-term cash flexibility for operations, investments, or emergencies, and the cost or availability of that credit can affect a company’s liquidity, interest expenses, and financial stability.

net leverage ratio financial

"modify the maximum leverage ratio under the Existing Loan Agreement to not exceed 3.50"

The net leverage ratio measures how much debt a company has compared to its available assets or earnings, after accounting for its cash and liquid assets. It helps investors understand how heavily a company relies on borrowed money to finance its operations and growth. A higher ratio indicates greater financial risk, while a lower ratio suggests a more cautious approach to borrowing.

Term SOFR financial

"rates shall range between 1.100% to 1.950% for Term SOFR, RFR, SONIA, EURIBOR"

Term SOFR is a benchmark interest rate that reflects the cost of borrowing money over a specific period, based on actual transactions in the financial markets. It is used by lenders and borrowers to set the interest rates on loans and financial contracts, helping to ensure rates are fair and transparent. For investors, understanding term SOFR helps gauge borrowing costs and the overall direction of interest rates in the economy.

Adjusted EBITDA financial

"Adjusted EBITDA margin of 21.8% Expanded 520 bps and 350 bps"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

free cash flow financial

"Free Cash Flow of $26.5 Million, up 10.5% vs First Quarter"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

Earnings Snapshot

Net sales: $179,202 (dollars in thousands)

Quarter ended June 30, 2026

Net sales $179,202 (dollars in thousands) 9.8% year-over-year

EPS from continuing operations $0.50 92.3% year-over-year increase

Adjusted EPS from continuing operations $0.53 60.6% year-over-year increase

Adjusted EBITDA $39,057 (dollars in thousands) 30.6% year-over-year increase

Operating income $31,172 (dollars in thousands) 57.1% year-over-year increase

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/30/2026 - 07:05 AM Accepted by SEC EDGAR 07/30/2026 - 07:05 AM Learn about SEC filing dates

FAQ

How did Myers Industries (MYE) perform financially in Q2 2026?

Myers delivered net sales of $179,202 (dollars in thousands), up 9.8% year-over-year, and EPS from continuing operations of $0.50, nearly doubling from $0.26. Adjusted EPS was $0.53 and adjusted EBITDA rose 30.6% to $39,057 (dollars in thousands).

What were the key margin trends for Myers Industries (MYE) in Q2 2026?

Myers increased its gross margin to 34.3% from 31.3% and its operating income margin to 17.4% from 12.2%. Adjusted EBITDA margin improved to 21.8%, up 350 basis points year-over-year, reflecting better mix, pricing and lower manufacturing costs.

What changes did Myers Industries (MYE) make to its credit facilities in July 2026?

Myers amended its loan agreement to add a new $250 million Term Loan Facility and maintain a $250 million Revolving Facility. Both facilities now mature on the fifth anniversary of the July 28, 2026 amendment, with reduced interest margins and a revised 3.50x net leverage covenant.

What is Myers Industries’ (MYE) liquidity and leverage position after Q2 2026?

Total liquidity was $292.3 million, including $244.7 million of revolver availability and $47.6 million in cash. Net debt, as defined by the credit agreement, fell by $21.2 million, and the net leverage ratio improved to 1.9x from 2.2x in the prior quarter.

How did Myers Industries’ (MYE) end markets perform in Q2 2026?

Infrastructure and Food & Beverage revenues grew 52% and 48%, respectively, while Vehicle and Consumer declined 19% and 14%. Industrial grew 2%. Net sales increased 13% excluding about $5 million of exited low-margin products.

What is Myers Industries’ (MYE) 2026 outlook by end market?

For 2026, Myers expects moderate growth in Industrial and Food & Beverage, strong growth in Infrastructure, and stable trends in Vehicle and Consumer (the latter influenced by typical storm-response demand). This outlook excludes the impact of exiting certain low-margin products.

false000006948800000694882026-07-282026-07-28

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): July 28, 2026

Myers Industries, Inc.

(Exact Name of Registrant as Specified in Charter)

Ohio		001-8524		34-0778636
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

1293 South Main Street, Akron, Ohio 44301

(Address of Principal Executive Offices, and Zip Code)

(330) 253-5592

Registrant’s Telephone Number, Including Area Code

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Common Stock, without par value		MYE		The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

Amendment to Existing Loan Agreement

On July 28, 2026, Myers Industries, Inc. (the “Company”), MYE Canada Operations Inc. and Scepter Canada Inc., each as foreign subsidiary borrowers (together with the Company, collectively, the “Borrowers”) amended that certain Seventh Amended and Restated Loan Agreement, dated as of September 29, 2022, among the Borrowers, the other foreign subsidiary borrowers party thereto from time to time, JPMorgan Chase Bank, National Association, as administrative agent (the “Administrative Agent”), and the certain financial institutions party thereto as lenders (as previously amended, the “Existing Loan Agreement”), pursuant to Amendment No. 2 to Seventh Amended and Restated Loan Agreement, dated as of July 28, 2026, among the Borrowers, the Administrative Agent, and the financial institutions party thereto as lenders (the “Amendment”, and the Existing Loan Agreement, as amended pursuant to the Amendment being referred to herein as the “Amended Loan Agreement”).

The Amended Loan Agreement is on substantially the same terms as the Existing Loan Agreement, except the Amendment has amended the Existing Loan Agreement to, among other items, (i) extend the maturity date of the Revolving Facility (as defined below) from September 29, 2027 to the fifth anniversary of the Amendment, (ii) establish a new term loan facility (the “Term Loan Facility”) in the aggregate principal amount of $250 million (the “Term Loans”), which Term Loans will be used to refinance the term loans outstanding under the Existing Loan Agreement (the “Existing Term Loans”), (iii) modify the maximum leverage ratio under the Existing Loan Agreement to not exceed 3.50 to 1.00 on a “net” basis (subject to “net” leverage ratio holiday periods, at the election of the Company, of 4.00 to 1.00 for a period of four fiscal quarters in connection with a “Material Acquisition” (as defined in the Amended Loan Agreement and consistent with the Existing Loan Agreement), and upon terms as more fully described in the Amended Loan Agreement), (iv) decrease the applicable margins for the loans under the Amended Loan Agreement and such decreased rates shall range between 1.100% to 1.950% for Term SOFR, RFR, SONIA, EURIBOR and CORRA based loans and between 0.100% and 0.950% for base rate loans, in each case, based from time to time on the determination of the Company’s then net leverage ratio, (v) remove the existing LIBOR adjustment from the calculation of the Term SOFR and RFR rates, and (vi) release the “MTS Sale Specified Subsidiaries” (as defined in the Amended Loan Agreement) as guarantors of the Facilities (as defined below) until January 28, 2027 (or such later date upon the terms of and as more fully described in the Amended Loan Agreement), unless the “MTS Sale” (as defined in the Amended Loan Agreement) is consummated by such date.

The Amended Loan Agreement continues to provide for a revolving credit facility in an aggregate committed principal amount of $250 million, which includes a letter of credit subfacility and swingline subfacility (the “Revolving Facility”, and together with the Term Loan Facility, the “Facilities”). The proceeds of the Term Loan Facility will be used to refinance the Existing Term Loans and the proceeds of the Revolving Facility will be used (a) to refinance the Existing Term Loans, and (b) for the ongoing working capital requirements of the Company and its subsidiaries and for general corporate purposes.

Under the Amended Loan Agreement, the Term Loans will amortize in quarterly installment payments in an aggregate annual amount equal to five percent (5%) of the original principal amount of the Term Loan Facility. The Facilities may be voluntarily prepaid at any time, in whole or in part, without penalty or premium, upon notice to the Administrative Agent; however, all amounts repaid or prepaid in respect of the Term Loans may not be reborrowed. The Term Loans will also be subject to mandatory prepayments in connection with certain debt issuances and asset sales, subject to certain reinvestment rights of the Borrowers. The Facilities have a maturity date of the fifth anniversary of the Amendment.

The Amended Loan Agreement is subject to substantially the same affirmative and negative covenants and events of default as currently set forth in the Existing Loan Agreement, except as otherwise described above.

In connection with the Amended Loan Agreement, the Company and certain of its domestic subsidiaries (the “Loan Parties”) entered into (i) the Amended and Restated Pledge and Security Agreement, dated as of July 28, 2026, with the Administrative Agent for the benefit of the secured parties thereunder, pursuant to which the Loan Parties party thereto will reaffirm the existing grant of a security interest in, and lien on, all of their respective assets (except with respect to certain assets that are customarily excluded from the incurrence of such liens), and (ii) the Third Amended and Restated Guaranty, dated as of July 28, 2026, for the benefit of the Administrative Agent, pursuant to which the Loan Parties party thereto will reaffirm and/or agree, as applicable to such Loan Party, to guarantee the payment and performance of the Borrowers’ obligations under the Amended Loan Agreement.

The foregoing description of the Amendment does not purport to be complete and such description is qualified in its entirety by reference to the full text of such agreement attached to this Form 8-K as Exhibit 10.1 and incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure in Item 1.01 and Exhibit 10.1 of this report are incorporated herein by reference.

Item 2.02 Results of Operations and Financial Condition.

On July 30, 2026, Myers Industries, Inc. (the “Company”) issued a press release announcing earnings results for the second quarter ended June 30, 2026. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K. In addition, a copy of the presentation which will be discussed during the Company’s earnings conference call at 10:00 a.m. Eastern Time on July 30, 2026, is available on the Investor Relations section of the Company’s website at www.myersindustries.com. Information about the Company’s earnings conference call can be found in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K.

Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 2.02 and Exhibit 99.1 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section. Furthermore, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended (the “Securities Act”), except as may be expressly set forth by specific reference in such filing.

Item 7.01 Regulation FD Disclosure.

As described in “Item 2.02 Results of Operations and Financial Condition” above, on July 30, 2026, the Company issued a press release announcing earnings results for the second quarter ended June 30, 2026. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K. In addition, a copy of the presentation which will be discussed during the Company’s earnings conference call at 10:00 a.m. Eastern Time on July 30, 2026, is available on the Investor Relations section of the Company’s website at www.myersindustries.com. Information about the Company’s earnings conference call can be found in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K.

Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section. Furthermore, the information in this Item 7.01 and Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act, except as may be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description
10.1		Amendment No. 2 dated as of July 28, 2026 to Seventh Amended And Restated Loan Agreement dated as of September 29, 2022*
99.1		Press Release, dated July 30, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

*Pursuant to Item 601(b)(2) of Regulation S-K, certain exhibits and schedules have been omitted from this filing. The registrant agrees to furnish the Commission on a supplemental basis a copy of any omitted provisions, exhibit or schedule.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Myers Industries, Inc.
	By:		/s/ Samantha Rutty
			Samantha Rutty
			Executive Vice President and Chief Financial Officer
Date: July 30, 2026

Exhibit 99.1

Myers Industries Announces 2026 Second Quarter Results

EPS From Continuing Operations of $0.50 and Adjusted EPS of $0.53 Grew 92.3% and 60.6% Year-over-year Respectively

Revenue Grew 9.8% as Focused Transformation Initiatives are Driving Commercial Excellence and Improved Financial Metrics

Operating Income Margin of 17.4% and Adjusted EBITDA Margin of 21.8% Expanded 520 bps and 350 bps Year-over-year Respectively

Free Cash Flow of $26.5 Million, up 10.5% vs First Quarter

Capital Investment in Europe Reinforces Myers’ Commitment to Protect our Troops and Positions the Company for Military Product-Line Growth

July 30, 2026, Akron, Ohio - Myers Industries Inc. (NYSE: MYE), a leading manufacturer of Products that Protect™, today announced results for the second quarter ended June 30, 2026.

Myers Industries President and CEO Aaron Schapper commented, “Our second quarter results reflect continued execution against our Focused Transformation initiatives and the disciplined actions we have taken to improve the quality of the business. We posted outstanding revenue growth, expanded profitability, generated strong cash flow, and remain focused on serving our customers. The results we have achieved through the first half of 2026, combined with our simplified portfolio, operational improvements and growth investments, position us to sustain our momentum and strengthen our confidence to continue delivering consistent financial performance and long-term value for our shareholders.”

Second Quarter 2026 Financial Summary

		Quarter Ended June 30,
(Dollars in thousands, except per share data)		2026				2025				% Inc (Dec)
Net sales		$	179,202			$	163,232			9.8%
Gross profit		$	61,463			$	51,053			20.4%
Gross margin			34.3	%			31.3	%		+300 bps
Operating income		$	31,172			$	19,839			57.1%
Operating income margin			17.4	%			12.2	%		+520 bps
Income from continuing operations		$	18,749			$	9,617			95.0%
Income per diluted share from continuing operations		$	0.50			$	0.26			92.3%
Adjusted operating income		$	29,993			$	20,539			46.0%
Adjusted operating income margin			16.7	%			12.6	%		+410 bps
Adjusted income from continuing operations		$	20,108			$	12,189			65.0%
Adjusted income per diluted share from continuing operations		$	0.53			$	0.33			60.6%
Adjusted EBITDA		$	39,057			$	29,914			30.6%
Adjusted EBITDA margin			21.8	%			18.3	%		+350 bps

1

Revenue by end market			Quarter Ended June 30,
			2026				2025			% Inc (Dec)
Industrial			66,295				65,311			2%
Infrastructure			48,589				32,018			52%
Consumer			22,504				26,121			(14%)
Food & Beverage			21,309				14,359			48%
Vehicle			20,505				25,423			(19%)

•Net sales increased 13% excluding the impact from our decision to exit approximately $5 million low-margin products with the idling of two rotational molding facilities in the fourth quarter of 2025. Infrastructure grew 52% and Food & Beverage grew 48%, offset by soft Vehicle and Consumer demand, down 19% and 14%, respectively.

•Gross profit and Operating income increased due to improved volume and mix, price, and lower manufacturing costs from our Focused Transformation program, which collectively more than offset higher material costs.

Balance Sheet & Cash Flow

•Total liquidity was $292.3 million, including $244.7 million of availability under the revolving credit facility and $47.6 million in cash on hand.

oOn July 28, 2026, the company amended its credit agreement to refinance its existing credit facilities with a new $250 million Revolving Credit Facility and a new $250 million Term Loan. Maturity date of the revolver and the new Term Loan extended from 2027 and 2029 respectively, to 2031.

•Cash flow from operations was $32.1 million, free cash flow was $26.5 million, and capital expenditures were $5.6 million.

•Net debt as defined by the credit agreement was reduced by $21.2 million while the net leverage ratio improved to 1.9x from 2.2x in the previous quarter.

2026 End Market Outlook

The following table presents the Company’s current 2026 outlook for each of its end markets.

End Markets (% of TTM Sales as of June 30, 2026)	2026 Outlook*
Industrial (40% of sales) Akro-Mils®, Buckhorn® & Jamco® containers, organizational bins, totes, carts and cabinets; Scepter® military ammunition containers; OEM parts for general industrial equipment	Moderate growth
Infrastructure (23% of sales) Signature Systems® ground protection matting for construction, industrial sites, and event venues	Strong growth
Vehicle (13% of sales) RV, marine, and automotive components	Stable
Consumer (12% of sales) Scepter® fuel containers; outdoor furniture and equipment	Stable, affected by normal level of storm response
Food & Beverage (12% of sales) Buckhorn® seed boxes, intermediate bulk containers, and Tuff Series bulk containers for agricultural and chemical customers	Moderate growth

*Excludes impact from exiting low-margin products and idling two rotational molding facilities in Q4 2025

2

Conference Call Details

The Company will host an earnings conference call and webcast for investors and analysts on Thursday, July 30, 2026, at 10:00 a.m. ET. The call is anticipated to last one hour and may be accessed via live webcast or a replay, by visiting the Company's website www.myersindustries.com and clicking on the Investor Relations tab. An archived replay of the call will also be available shortly after the event.

Use of Non-GAAP Financial Measures

The Company uses certain non-GAAP measures in this release. Adjusted gross profit, adjusted gross margin, adjusted operating income (loss), adjusted operating income margin, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted EBITDA margin, adjusted net income, adjusted earnings per diluted share (adjusted EPS), and free cash flow are non-GAAP financial measures and are intended to serve as a supplement to results provided in accordance with accounting principles generally accepted in the United States. Myers Industries believes that such information provides an additional measurement and consistent historical comparison of the Company’s performance. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures is available in this news release.

About Myers Industries

Myers Industries Inc., based in Akron, Ohio, is a leading manufacturer of sustainable plastic and metal Products that Protect™ for Consumer, Vehicle, Food & Beverage, Industrial, and Infrastructure end markets. Myers Industries has a rich history that is built on strong brands and innovative products. Through years of continuous product development and strategic acquisitions, we have established ourselves as a leading diversified industrial company. We provide critical solutions to our customers, delivering exceptional value. Visit www.myersindustries.com to learn more.

Caution on Forward-Looking Statements

Statements in this release include “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including information regarding the Company’s financial outlook, future plans, objectives, business prospects and anticipated financial performance. Forward-looking statements can be identified by words such as “will,” “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” or variations of these words, or similar expressions. These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, these statements inherently involve a wide range of uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. The Company’s actual actions, results, and financial condition may differ materially from what is expressed or implied by the forward-looking statements.

Specific factors that could cause such a difference on our business, financial position, results of operations and/or liquidity include, without limitation, raw material availability, increases in raw material costs, or other production costs; risks associated with our strategic growth initiatives or the failure to achieve the anticipated benefits of such initiatives; unanticipated downturn in business relationships with customers or their purchases; competitive pressures on sales and pricing; changes in the markets for the Company’s business segments; changes in trends and demands in the markets in which the Company competes; operational problems at our manufacturing facilities or unexpected failures at those facilities; future economic and financial conditions in the United States and around the world, including the impacts of U.S. and foreign tariff policies; inability of the Company to meet future capital requirements; claims, litigation and regulatory actions against the Company; changes in laws and regulations affecting the Company; unforeseen events, including natural disasters, unusual or severe weather events and patterns, public health crises, geopolitical crises, and other catastrophic events; our ability to successfully execute our announced intended divestiture of the Myers Tire Supply business; and other risks and uncertainties detailed from time to time in the Company’s filings with the SEC, including without limitation, the risk factors disclosed in Item 1A, “Risk Factors,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Given these factors, as well as other variables that may affect our operating results, readers should not rely on forward-looking statements, assume that past financial performance will be a reliable indicator of future performance, nor use historical trends to anticipate results or trends in future periods. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. The Company expressly disclaims any obligation or intention to provide updates to the forward-looking statements and the estimates and assumptions associated with them.

Contact: Meghan Beringer, Senior Director Investor Relations, 252-536-5651

M-INV

Source: Myers Industries, Inc.

3

MYERS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

(Dollars in thousands, except share and per share data)

		Quarter Ended								Six Months Ended
		June 30, 2026				June 30, 2025				June 30, 2026				June 30, 2025
Net sales		$	179,202			$	163,232			$	343,782			$	324,899
Cost of sales			117,739				112,179				225,774				223,627
Gross profit			61,463				51,053				118,008				101,272
Selling, general and administrative expenses			26,557				27,353				54,552				56,638
Depreciation and amortization			3,658				3,756				7,356				7,508
(Gain) loss on disposal of fixed assets			76				105				76				86
Operating income (loss)			31,172				19,839				56,024				37,040
Interest expense, net			6,267				7,364				12,959				14,750
Income (loss) from continuing operations before income taxes			24,905				12,475				43,065				22,290
Income tax expense (benefit)			6,156				2,858				10,517				5,485
Income (loss) from continuing operations			18,749				9,617				32,548				16,805
Income (loss) from discontinued operations, net of income tax			1,283				88				(14,344	)			(295	)
Net income (loss)		$	20,032			$	9,705			$	18,204			$	16,510
Income (loss) per common share from continuing operations:
Basic		$	0.50			$	0.26			$	0.87			$	0.45
Diluted		$	0.50			$	0.26			$	0.86			$	0.45
Income (loss) per common share from discontinued operations:
Basic		$	0.03			$	—			$	(0.38	)		$	(0.01	)
Diluted		$	0.03			$	—			$	(0.38	)		$	(0.01	)
Net income (loss) per common share:
Basic		$	0.53			$	0.26			$	0.49			$	0.44
Diluted		$	0.53			$	0.26			$	0.48			$	0.44
Weighted average common shares outstanding:
Basic			37,551,351				37,391,097				37,480,205				37,345,032
Diluted			37,791,663				37,412,937				37,742,984				37,429,514

4

MYERS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED)

(Dollars in thousands)

		June 30, 2026				December 31, 2025
Assets
Current Assets
Cash		$	47,635			$	40,514
Trade accounts receivable, net			108,713				95,435
Other accounts receivable, net			7,113				12,195
Inventories, net			77,018				67,559
Other current assets			4,651				9,816
Assets held for sale - current			68,415				55,940
Total Current Assets			313,545				281,459
Property, plant, & equipment, net			123,375				127,943
Right of use asset - operating leases			19,311				22,199
Goodwill and intangible assets, net			380,441				387,343
Other assets			8,368				8,230
Assets held for sale			—				25,402
Total Assets		$	845,040			$	852,576
Liabilities & Shareholders' Equity
Current Liabilities
Accounts payable		$	76,211			$	51,270
Accrued expenses			46,906				49,722
Operating lease liability - short-term			5,980				5,974
Finance lease liability - short-term			667				645
Long-term debt - current portion			39,479				34,601
Liabilities held for sale - current			25,716				26,801
Total Current Liabilities			194,959				169,013
Long-term debt			272,402				311,210
Operating lease liability - long-term			13,374				16,130
Finance lease liability - long-term			7,007				7,349
Other liabilities			12,349				14,916
Deferred income taxes			38,581				37,727
Liabilities held for sale			—				2,005
Total Shareholders' Equity			306,368				294,226
Total Liabilities & Shareholders' Equity		$	845,040			$	852,576

5

MYERS INDUSTRIES, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(Dollars in thousands)

		Quarter Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Cash Flows From Operating Activities
Net income (loss)		$	20,032			$	9,705			$	18,204			$	16,510
Income (loss) from discontinued operations, net of income taxes			1,283				88				(14,344	)			(295	)
Income (loss) from continuing operations			18,749				9,617				32,548				16,805
Adjustments to reconcile net income (loss) from continuing operations to net cash    provided by (used for) operating activities
Depreciation and amortization			9,064				9,375				18,229				18,565
Amortization of deferred financing costs			642				540				1,306				1,080
Non-cash stock-based compensation expense			1,683				571				2,921				1,548
(Gain) loss on disposal of fixed assets			76				105				76				86
Other			(227	)			(276	)			(2,734	)			288
Cash flows provided by (used for) working capital
Accounts receivable - trade and other, net			59				25,521				(8,500	)			4,787
Inventories			(11,816	)			3,977				(9,744	)			(2,577	)
Prepaid expenses and other current assets			375				(5,376	)			1,362				(4,943	)
Accounts payable and accrued expenses			13,466				(16,416	)			23,327				2,275
Net cash provided by (used for) operating activities - continuing operations			32,071				27,638				58,791				37,914
Net cash provided by (used for) operating activities - discontinued operations, net			1,470				673				954				528
Net cash provided by (used for) operating activities			33,541				28,311				59,745				38,442
Cash Flows From Investing Activities
Capital expenditures			(5,606	)			(3,561	)			(8,380	)			(11,609	)
Proceeds from sale of property, plant, and equipment			1,180				85				1,595				161
Net cash provided by (used for) investing activities - continuing operations			(4,426	)			(3,476	)			(6,785	)			(11,448	)
Net cash provided by (used for) investing activities - discontinued operations, net			(116	)			(46	)			(329	)			(81	)
Net cash provided by (used for) investing activities			(4,542	)			(3,522	)			(7,114	)			(11,529	)
Cash Flows From Financing Activities
Net borrowings (repayments) on revolving credit facility			—				(8,000	)			—				5,000
Repayments of Term Loan A			(20,000	)			(5,000	)			(35,000	)			(10,000	)
Payments on finance lease			(161	)			(155	)			(321	)			(309	)
Cash dividends paid			(5,192	)			(5,066	)			(10,339	)			(10,383	)
Proceeds from issuance of common stock			329				278				621				573
Shares withheld for employee taxes on equity awards			(63	)			(57	)			(739	)			(885	)
Repurchase of common stock			—				(507	)			—				(1,515	)
Net cash provided by (used for) financing activities - continuing operations			(25,087	)			(18,507	)			(45,778	)			(17,519	)
Net cash provided by (used for) financing activities - discontinued operations, net			—				—				—				—
Net cash provided by (used for) financing activities			(25,087	)			(18,507	)			(45,778	)			(17,519	)
Foreign exchange rate effect on cash			485				(294	)			893				(326	)
Net increase (decrease) in cash - continuing operations			3,043				5,361				7,121				8,621
Beginning Cash			44,592				31,886				40,514				28,626
Ending Cash		$	47,635			$	37,247			$	47,635			$	37,247

6

MYERS INDUSTRIES, INC.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

ADJUSTED GROSS PROFIT, ADJUSTED OPERATING INCOME, ADJUSTED EBITDA AND FREE CASH FLOW (UNAUDITED)

(Dollars in thousands)

		Quarter Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Adjusted gross profit reconciliation:
Gross profit		$	61,463			$	51,053			$	118,008			$	101,272
Restructuring expenses and other adjustments			626				388				1,262				496
Adjusted gross profit		$	62,089			$	51,441			$	119,270			$	101,768
Adjusted operating income (loss) reconciliation:
Operating income (loss)		$	31,172			$	19,839			$	56,024			$	37,040
Restructuring expenses and other adjustments			858				2,290				1,511				3,507
Acquisition non-income tax reserve release			(2,037	)			—				(2,037	)			—
Pension termination			—				1,585				—				1,585
Recovery of purchased credit deteriorated assets			—				(3,175	)			—				(3,175	)
Environmental reserves, net			—				—				400				—
Adjusted operating income (loss)		$	29,993			$	20,539			$	55,898			$	38,957
Adjusted EBITDA reconciliation:
Income (loss) from continuing operations		$	18,749			$	9,617			$	32,548			$	16,805
Income tax expense (benefit)			6,156				2,858				10,517				5,485
Interest expense, net			6,267				7,364				12,959				14,750
Operating income (loss)			31,172				19,839				56,024				37,040
Depreciation and amortization			9,064				9,375				18,229				18,565
Restructuring expenses and other adjustments			858				2,290				1,511				3,507
Acquisition non-income tax reserve release			(2,037	)			—				(2,037	)			—
Pension termination			—				1,585				—				1,585
Recovery of purchased credit deteriorated assets			—				(3,175	)			—				(3,175	)
Environmental reserves, net			—				—				400				—
Adjusted EBITDA		$	39,057			$	29,914			$	74,127			$	57,522
Free cash flow reconciliation:
Net cash provided by (used for) operating activities - continuing operations		$	32,071			$	27,638			$	58,791			$	37,914
Capital expenditures			(5,606	)			(3,561	)			(8,380	)			(11,609	)
Free cash flow		$	26,465			$	24,077			$	50,411			$	26,305

7

MYERS INDUSTRIES, INC.

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

ADJUSTED INCOME (LOSS) FROM CONTINUING OPERATIONS AND ADJUSTED INCOME (LOSS) PER DILUTED SHARE FROM CONTINUING OPERATIONS (UNAUDITED)

(Dollars in thousands, except per share data)

		Quarter Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Adjusted income (loss) from continuing operations reconciliation:
Income (loss) from continuing operations		$	18,749			$	9,617			$	32,548			$	16,805
Income tax expense (benefit)			6,156				2,858				10,517				5,485
Income (loss) before income taxes			24,905				12,475				43,065				22,290
Restructuring expenses and other adjustments			858				2,290				1,511				3,507
Acquisition non-income tax reserve release			(2,037	)			—				(2,037	)			—
Pension termination			—				1,585				—				1,585
Recovery of purchased credit deteriorated assets			—				(3,175	)			—				(3,175	)
Intangible amortization			3,265				3,296				6,530				6,592
Environmental reserves, net			—				—				400				—
Adjusted income (loss) before income taxes			26,991				16,471				49,469				30,799
Income tax expense, as adjusted (1)			(6,883	)			(4,282	)			(12,615	)			(8,007	)
Adjusted income (loss) from continuing operations		$	20,108			$	12,189			$	36,854			$	22,792
Adjusted income (loss) per diluted share from continuing operations reconciliation:
Income (loss) per diluted share from continuing operations		$	0.50			$	0.26			$	0.86			$	0.45
Restructuring expenses and other adjustments			0.02				0.06				0.04				0.09
Acquisition non-income tax reserve release			(0.05	)			—				(0.05	)			—
Pension termination			—				0.04				—				0.04
Recovery of purchased credit deteriorated assets			—				(0.08	)			—				(0.08	)
Intangible amortization			0.09				0.09				0.17				0.18
Environmental reserves, net			—				—				0.01				—
Adjusted effective income tax rate impact			(0.02	)			(0.04	)			(0.06	)			(0.07	)
Adjusted income (loss) per diluted share from continuing operations (2)		$	0.53			$	0.33			$	0.98			$	0.61
Items in this table may not recalculate due to rounding
(1) Income taxes are calculated using the normalized effective tax rate for each period. The rate used in 2026 is 25.5% and in 2025 is 26.0%.
(2) Adjusted income (loss) per diluted share from continuing operations is calculated using the weighted average common shares outstanding for the respective period.

8

Filing Exhibits & Attachments

3 documents

Press Releases

• EX-99.1 EX-99.1 1.0 MB

Agreements & Contracts

• EX-10.1 EX-10.1 3.3 MB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 29.0 KB