Miller Industries (MLR) Reports Q4 EPS of $1.05

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Miller Industries Reports 2020 Fourth Quarter And Full Year Results

March 3, 2021 4:15 PM EST

CHATTANOOGA, Tenn., March 3, 2021 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the fourth quarter and full year ended December 31, 2020.

For the fourth quarter of 2020, net sales were $178.3 million, a decrease of 12.2%, compared to $203.1 million for the fourth quarter of 2019. Net income in the fourth quarter of 2020 was $12.0 million, or $1.05 per share, an increase of 2.8%, compared to net income of $11.7 million, or $1.03 per share, in the prior year period.

Gross profit for the fourth quarter of 2020 was $24.3 million, or 13.6% of net sales, compared to... More