CHATTANOOGA, Tenn., Nov. 12, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the third quarter ended September 30, 2024.For the third quarter of 2024, net sales were $314.3 million, an increase of 14.5%, compared to $274.6 million for the third quarter of 2023. The year over year improvement was predominantly due to increases in original equipment manufacturer ("OEM") chassis deliveries after a normalization of the chassis market, compared to th ...

CHATTANOOGA, Tenn., Nov. 11, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) has revised the date of its earnings announcement and intends to release its results for the Third Quarter ended September 30, 2024, on Tuesday, November 12, 2024, after market close. The Company will host a conference call the following day that will be simultaneously broadcast live over the Internet:Wednesday, November 13, 202410:00 AM ET9:00 AM CT8:00 AM MT7:00 AM PTListeners can access the conference call live over the ...

CHATTANOOGA, Tenn., Nov. 6, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Third Quarter ended September 30, 2024, on Wednesday, November 13, 2024, after market close. The Company will host a conference call the following day that will be simultaneously broadcast live over the Internet:Thursday, November 14, 202410:00 AM ET9:00 AM CT8:00 AM MT7:00 AM PTListeners can access the conference call live over the Internet at:https://app.webinar.net/XBb45Go5Oy7Please ...

Shares of Miller Industries Inc (MLR, Financial) surged 4.60% in mid-day trading on Oct 2. The stock reached an intraday high of $63.90, before settling at $62.62, up from its previous close of $59.86. This places MLR 10.23% below its 52-week high of $69.75 and 79.10% above its 52-week low of $34.96. Trading volume was 91,071 shares, 100.1% of the average daily volume of 90,951. Wall Street Analysts Forecast Based on the one-year price targets offered by 2 analysts, the average target price for Miller Indus ...

Shares of Miller Industries Inc MLR have risen almost 48% year to date. The company has been added to the STAMPEDE list due to the ongoing activism campaign, according to DA Davidson. Analyst Michael Shlisky initiated coverage of Miller Industries with a Buy rating and price target of $82. The Miller Industries Thesis: The activist has asked Miller Industries to consider several changes to its board and business practices as well as deliberate on an outright sale of the company, Shlisky said in the initiati ...

CHATTANOOGA, Tenn., Sept. 19, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, announced today that Chief Executive Officer, William Miller II, and Chief Financial Officer, Deborah Whitmire will host one-on-one meetings with investors at the D.A. Davidson Diversified Industrials & Services Conference on Thursday September 19, 2024, in Nashville, TN. About Miller Industries Miller Industries is The World's Largest Manufacturer of Tow ...

文章核心观点 - 公司是全球最大的拖车和救援设备制造商之一 [2] - 公司业务模式简单,主要是在其他公司制造的卡车底盘上安装自己的拖车车身 [2] - 公司业绩在疫情后已经恢复,营收和利润创新高 [6] - 公司财务状况良好,资产负债表健康,几乎无债务 [6][8] - 公司股价估值较低,具有较高的投资价值 [10][12][14][16] 行业分析 - 拖车需求与行驶里程数有关,疫情期间里程数下降,但已基本恢复到2020年2月的高位 [2] - 车辆平均使用年限越长,需要拖车的可能性越大,美国车辆平均使用年限创新高 [3] - 行业集中度较高,公司是行业内最大的参与者之一 [2] 公司分析 - 公司近期提高了股息,并启动了股票回购计划,体现了对投资者的重视 [5] - 公司依赖于其他制造商提供的底盘,在疫情期间曾受到影响 [17] - 公司海外业务增长较慢,未来能否持续增长存在不确定性 [18] - 公司控股股东可能不愿意大幅扩张,以避免再次面临反垄断风险 [18]

kozmoat98 One company that continues to surprise me is Miller Industries (NYSE:MLR). If you're not familiar with the company, it's worth mentioning that it is a major manufacturer of towing and recovery equipment. Well, back in early May of this year, I wrote a bullish article about the company. In that article, I lauded the company for the fact that management had achieved success in stabilizing operations. This stabilization, combined with house shares were priced at the time, led me to reaffirm it as a ' ...

财务数据和关键指标变化 - 收入同比增长23.7%至3.715亿美元 [9][15] - 毛利同比增长27.9%至5,110万美元,毛利率提升50个基点至13.8% [10][17] - 净利润同比增长37.6%至2,050万美元,每股收益增长37.2%至1.78美元 [21] 各条业务线数据和关键指标变化 - 国际业务占总销售约10%,客户需求保持强劲 [11] - 订单持续旺盛,产能正在国际市场不断扩大 [12] 各个市场数据和关键指标变化 - OEM底盘交付量上升,预计下半年将逐步恢复正常水平 [11] 公司战略和发展方向及行业竞争 - 持续提升生产效率和制造效率,优化产能以满足未来客户需求 [10][13] - 关注现金流转化,确保收入转化为现金以支持业务持续增长 [12] - 正在分析未来产能需求,投资扩产以提高股东回报 [13][24] 管理层对经营环境和未来前景的评论 - 预计2024年全年收入将实现低个位数增长,符合历史复合年增长率 [27] - 下半年业绩有望保持良好,毛利率预计将维持在13.5%-14%区间 [31] - 关注2027年排放法规变化对OEM客户的影响,密切关注市场动态 [32][33] 其他重要信息 - 董事会批准每股0.19美元的季度现金股利,这是公司连续第55个季度派发股利 [26] - 公司回购了35,000股股票,总计2,000万美元,剩余2,500万美元未执行 [26] - 为支持业务增长,公司新增1,500万美元的信用额度 [25]

Miller Industries, Inc. (MLR) reported a robust performance in the second quarter of 2024, with earnings per share (EPS) rising to $1.78, marking a 37.7% increase compared to $1.29 in the second quarter of 2023. Revenues also saw a significant uptick, climbing 23.7% year over year to $371.5 million from $300.3 million. This growth is attributed primarily to increased production volumes and consistent demand, alongside sustained elevated OEM chassis deliveries. The company has managed to decrease its backlog ...