Miller Industries (MLR) Reports Q3 EPS of $0.34

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Miller Industries Reports 2021 Third Quarter Results

November 3, 2021 4:15 PM EDT

CHATTANOOGA, Tenn., Nov. 3, 2021 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the third quarter ended September 30, 2021.

For the third quarter of 2021, net sales were $164.7 million, a decrease of 2.2%, compared to $168.4 million for the third quarter of 2020. Net income in the third quarter of 2021 was $3.8 million, or $0.34 per share, a decrease of 41.3%, compared to net income of $6.6 million, or $0.57 per share, in the prior year period. 

Gross profit for the third quarter of 2021 was $17.8 million, or 10.8% of net sales, compared to $17.8 million, or 10.6% of... More