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Miller Industries Reports 2020 Fourth Quarter And Full Year Results


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 yea ....

Jeffreyi Badgley , Exchange Commission , Miller Industries Inc , Prnewswire Miller Industries Inc , Miller Industries , Co Chief Executive Officer , Largest Manufacturer , Recovery Equipment , Private Securities Litigation Reform Act , Annual Report , Consolidated Statements , பரிமாற்றம் தரகு , மில்லர் தொழில்கள் இன்க் , மில்லர் தொழில்கள் , இணை தலைமை நிர்வாகி அதிகாரி , மிகப்பெரியது உற்பத்தியாளர் , மீட்பு உபகரணங்கள் , ப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம் , ஆண்டு அறிக்கை , தொகுக்கப்பட்டு அறிக்கைகள் ,