News
Press Releases
Myers Industries strives to provide transparency with respect to key initiatives, business outlook and future goals, providing the information necessary to make good decisions and continually grow our business.  We are committed to offering relevant news to our customers and shareholders. Search our extensive library to learn more.
9/5/2017
Myers Industries, Inc. (NYSE: MYE) today announced President and CEO, Dave Banyard, and Executive Vice President and CFO, Matteo Anversa, will speak at the KeyBanc Basic Materials and Packaging Conference Tuesday, September 12, 2017, at 11:00 a.m. Eastern Time, at the InterContinental Hotel Boston.
8/7/2017
Myers Industries, Inc. (NYSE: MYE) announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on October 3, 2017 to shareholders of record as of September 8, 2017.
8/1/2017
Strong cash flow generation continues; lean initiatives gaining traction

Myers Industries, Inc. (NYSE: MYE) today announced results for the second quarter ended June 30, 2017.

Second Quarter 2017 Business Highlights
  • Net sales decreased 1.3% (or 1.2% excluding currency fluctuation) compared to the second quarter of 2016
  • Gross profit margin of 27.6% compared to 30.9% in the second quarter of 2016
  • GAAP net income per diluted share from continuing operations of $0.07, compared to $0.19 in the second quarter of 2016
  • Adjusted net income per diluted share from continuing operations of $0.17, compared to $0.21 in the second quarter of 2016
  • Generated cash from continuing operations of $10.6 million and free cash flow of $8.7 million
7/18/2017
Myers Industries, Inc. (NYSE: MYE) today announced that it will report financial results for the second quarter ended June 30, 2017 on Tuesday, August 1, 2017 before the market opens. The Company will host a conference call the same day at 10 a.m. Eastern Time to review its performance.
6/5/2017
Myers Industries, Inc. (NYSE: MYE) announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 5, 2017 to shareholders of record as of June 16, 2017.
5/8/2017

Strong cash flow growth driven by working capital and capital spending discipline

Myers Industries, Inc. (NYSE: MYE) today announced results for the first quarter ended March 31, 2017.

First Quarter 2017 Business Highlights
  • Net sales decreased 6.3% (or 7.2% excluding currency fluctuation) compared to the first quarter of 2016
  • Gross profit margin of 29.6% compared to 31.9% in the first quarter of 2016
  • GAAP net income per diluted share from continuing operations of $0.10, compared to $(0.11) in the first quarter of 2016
  • Adjusted net income per diluted share from continuing operations of $0.13, compared to $0.21 in the first quarter of 2016
  • Generated cash from continuing operations of $13.1 million and free cash flow of $12.6 million
5/1/2017
Myers Industries, Inc. (NYSE: MYE) today announced President and CEO, Dave Banyard, and Executive Vice President and CFO, Matteo Anversa, will speak at the Wells Fargo Industrials Conference on Wednesday, May 10, 2017, at 8:00 a.m. Eastern Time, at the Lotte New York Palace Hotel.
4/25/2017
Myers Industries, Inc. (NYSE: MYE) today announced that it will report financial results for the first quarter ended March 31, 2017 on Monday, May 8, 2017 before the market opens. The Company will host a conference call the same day at 10 a.m. Eastern Time to review its performance.
3/9/2017

Fourth quarter results in line with Company expectations; Strategic update and long-term outlook provided

Myers Industries, Inc. (NYSE: MYE) today announced results for the fourth quarter and year ended December 31, 2016.

Business Highlights
  • Income per diluted share from continuing operations was a loss of $0.04, compared to $0.00 for the fourth quarter of 2015 and $0.05, compared to $0.45 for the full year of 2015; adjusted income per diluted share from continuing operations was $0.00, compared to $0.06 for the fourth quarter of 2015 and $0.44, compared to $0.57 for the full year of 2015
  • Fourth-quarter and full-year 2016 net sales declined 6.6% and 7.2%, respectively; primarily the result of a reduced capital spending environment in several key customer end markets
  • Selling, general and administrative expenses declined by $8.8 million in 2016 to $138.6 million, representing 24.8% of net sales, compared to 24.5% of net sales in the prior year
  • Working capital improvements and disciplined capital spending resulted in $21 million in free cash flow (cash flow from continuing operations less capital expenditures) for 2016; $16 million returned to shareholders as dividends during 2016
  • Amended and extended loan agreement announced on March 9, 2017 enables greater financial flexibility
  • Announcing enterprise strategy focused on growth opportunities in key niche markets and improving operational efficiency to drive strong cash flow growth; established long-term financial targets
3/7/2017
Myers Industries, Inc. (NYSE: MYE) announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on April 4, 2017 to shareholders of record as of March 17, 2017.
2/23/2017
Myers Industries, Inc. (NYSE: MYE) today announced that it will report financial results for the fourth quarter and year ended December 31, 2016 on Thursday, March 9, 2017 before the market opens.
2/17/2017
Myers Industries, Inc. (NYSE: MYE) announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 26, 2017, at 9 a.m. Eastern Time.
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