Miller Industries Q2 FY26 net income drops 14.1% to $7.3 million; revenue rises 12.1% to $240 million

Reuters2026/08/05 21:21

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Miller Industries posted Q2 net income of USD 7.3 million, down 14.1% year over year; diluted EPS fell 13.7% to USD 0.63.
Revenue climbed 12.1% to USD 240 million, while gross margin narrowed 1.2 percentage points to 15%.
Debt was reduced by USD 20 million since end-Q1, leaving no outstanding balance on the credit facility; USD 4.9 million returned via dividends and buybacks.
Quarterly dividend set at USD 0.21 per share; repurchased about USD 2.5 million of stock during the quarter.
Reaffirmed full-year revenue outlook of USD 850 million-USD 900 million; expects EPS generally in line with full-year 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Miller Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608051615PR_NEWS_USPR_____NY20258) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Miller Industries Q2 FY26 net income drops 14.1% to $7.3 million; revenue rises 12.1% to $240 million

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