Press Releases

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.

Myers Industries Announces Reporting Date and Conference Call for 2018 First Quarter Results

4/23/2018

Myers Industries, Inc. (NYSE: MYE) today announced that it will report financial results for the first quarter ended March 31, 2018 on Monday, May 7, 2018 before the market opens. The Company will host a conference call the same day at 10 a.m. Eastern Time to review its performance.

Myers Industries Announces Quarterly Dividend

3/9/2018

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 3, 2018 to shareholders of record as of March 20, 2018.

Myers Industries Reports 2017 Fourth-Quarter and Full-Year Results

3/6/2018

2017 free cash flow of $43 million, a 102% year-over-year improvement; Company expects growth in 2018

March 6, 2018, Akron, Ohio - Myers Industries, Inc. (NYSE: MYE) today announced results for the fourth quarter and year ended December 31, 2017.

Business Highlights

Fourth-quarter and full-year 2017 net sales increased 13.6% and 2.4%, respectively; primarily the result of increased demand and market share gains in key niche markets in Material Handling, partially offset by declines in Distribution
GAAP income per diluted share from continuing operations was $0.06 for the fourth quarter and $0.35 for the full year, compared to a loss of $0.03 and income of $0.38, respectively for the fourth quarter and full year 2016; adjusted income per diluted share from continuing operations was $0.09 for the fourth quarter and $0.51 for the full year, compared to $0.01 and $0.48, respectively for the fourth quarter and full year 2016
Reduced debt by $38.5 million compared to prior year; decreased net-debt-to-adjusted EBITDA ratio to 2.5x
Working capital reduction of $10 million and disciplined capital spending resulted in $43 million in free cash flow for 2017, an increase of 102%
Divested our Brazil operations which were non-strategic and generated negative cash flow

Myers Industries Announces Reporting Date and Conference Call for 2017 Fourth Quarter & Full-Year Results

2/20/2018

Myers Industries, Inc. (NYSE: MYE) today announced that it will report financial results for the fourth quarter and year ended December 31, 2017 on Tuesday, March 6, 2018 before the market opens.

Myers Industries Announces Date for 2018 Annual Meeting

2/13/2018

Myers Industries, Inc. (NYSE: MYE) announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 25, 2018, at 9 a.m. Eastern Time. Shareholders will be able to attend the meeting via a live audio webcast or in person at the Louis S. Myers Training Center located at 1554 South Main Street in Akron.

Material Handling Segment

Myers Industries, Inc. is an international manufacturer of polymer-based returnable packaging and storage and safety products.

Distribution Segment

Myers Industries, Inc. is the largest wholesale distributor of tire repair and retread products in North America.