MLR

Over the past six months, Miller Industries' stock price increased by 24.57%. Key events include the acquisition of Omars S.p.A. in December 2025, the Q4 2025 earnings report on March 4, 2026, and the Q1 2026 earnings report on May 6, 2026. The acquisition of Omars S.p.A. was expected to expand Miller Industries' European footprint and add manufacturing capacity. The company reaffirmed its 2026 revenue guidance of $850 million to $900 million and announced a planned $100 million expansion of its Ooltewah, Tennessee plant. The quarterly dividend was also raised by 5% to $0.21 per share. Q1 2026 results were impacted by lower North American production and acquisition-related expenses. Management cited geopolitical tensions and higher diesel prices as factors pressuring retail demand, leading to a proactive pause in North American production increases. The company reaffirmed its full-year 2026 revenue guidance of $850 million to $900 million and expects earnings per share to be generally in line with full-year 2025 results, with production volumes expected to be weighted towards the second half of 2026.