Miller Industries (MLR) Declares $0.17 Quarterly Dividend; 3.4% Yield
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Miller Industries Reports 2015 Fourth Quarter And Full Year Results
March 9, 2016 4:45 PM ESTCHATTANOOGA, Tenn., March 9, 2016 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the fourth quarter and full year ended December 31, 2015.
For the fourth quarter of 2015, net sales were $136.4 million, a decrease of 7.7%, compared to $147.8 million for the fourth quarter of 2014. Net income in the fourth quarter of 2015 was $3.9 million, or $0.34 per diluted share, compared to net income of $5.7 million, or $0.50 per diluted share, in the prior year period.
Gross profit for the fourth quarter of 2015 was $15.3 million, or 11.2% of net sales, compared to $16.6... More
