MLR Stock Recent News

I believe the market is ignoring Miller Industries' upcoming operating leverage story as they are just coming out of a big investment cycle. Miller Industries spent $82 million over the course of the past 5 years on modernizing and expanding their capacity. This will lead to sustainably high margins if demand holds up. Capex should also decline to around $20 million per year going forward, a significant decline when compared to the $40 million spent in 2022.

Miller Industries Looks Poised For An Upward Movement.

CHATTANOOGA, Tenn. , March 1, 2023 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Fourth Quarter ended December 31, 2022, on Wednesday, March 8, 2023, after market close.

Compared to the market, Miller Industries has performed quite well in recent months, with sales and profits rising nicely in the latest quarter. This is a sign of strength during uncertain times and the near-term outlook for the company will likely continue to look this way.

Miller Industries, Inc. (NYSE:MLR ) Q3 200 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Mike Gaudreau – Investor Relations Debbie Whitmire – Executive Vice President and Chief Financial Officer Jamison Linden – Chief Manufacturing Office Conference Call Participants Arnie Ursaner – Ursaner Family Office Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Third Quarter 2022 Results Conference Call. [Operator Instructions] And at this time, I would like to turn the call over to your host, Mike Gaudreau, at FTI Consulting.

CHATTANOOGA, Tenn. , Nov. 2, 2022 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Third Quarter ended September 30, 2022, on Wednesday, November 9, 2022, after market close.

Miller Industries, Inc. (NYSE:MLR ) Q2 2022 Results Conference Call August 4, 2022 2:00 PM ET Company Participants Mike Gaudreau - FTI Consulting Bill Miller - Chairman Will Miller - President and CEO Jeff Badgley - President, International and Military Debbie Whitmire - EVP and CFO Frank Madonia - EVP, Secretary and General Counsel Vince Tiano - Chief Revenue Officer Jamison Linden - Chief Manufacturing Officer Conference Call Participants Arnold Ursaner - Miller Industries Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Second Quarter 2022 Results Conference Call. Please note, this event is being recorded.

Miller Industries has strong demand for its products. The company is also beset with supply chain problems.

Miller Industries, Inc. (NYSE:MLR ) Q1 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Mike Gaudreau - FTI Consulting Will Miller - President & Chief Executive Officer Debbie Whitmire - Executive Vice President & Chief Financial Officer Conference Call Participants Arnie Ursaner - Ursaner Family Office Operator Good day, ladies and gentlemen, and welcome to the Miller Industries First Quarter 2022 Results Conference Call. Please note, this event is being recorded.