/PRNewswire/ Miller Industries, Inc. (NYSE: MLR) (the "Company") today announced financial results for the third quarter ended September 30, 2021. For the.
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Miller Industries Reports 2021 First Quarter Results
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CHATTANOOGA, Tenn., May 5, 2021 /PRNewswire/ Miller Industries, Inc. (NYSE: MLR) (the Company ) today announced financial results for the first quarter ended March 31, 2021.
For the first quarter of 2021, net sales were $169.9 million, a decrease of 3.5%, compared to $176.1 million for the first quarter of 2020. Net income in the first quarter of 2021 was $3.2 million, or $0.28 per share, a decrease of 41.5%, compared to net income of $5.4 million, or $0.48 per share, in the prior year period.
Gross profit for the first quarter of 2021 was $15.8 million, or 9.3% of net sales, compared to $18.5 million, or 10.5% of net sales, for the first quarter of 2020. Selling, general and administrative expenses were $11.1 million, or 6.5% of net sales, compared to $11.0 million, or 6.2% of net sales, in the prior year period.
Miller Industries Reports 2020 Fourth Quarter And Full Year Results
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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 $26.9 million, or 13.3% of net sales, for the fourth quarter of 2019. Selling, general and administrative expenses were $9.4 million, or 5.3% of net sales, compared to $11.8 million, or 5.8% of net sales, in the prior year period.
Miller Industries Reports 2020 Fourth Quarter And Full Year Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.