The earnings call presented a mixed picture with several strategic and operational improvements on the horizon, but faced with current challenges including a decline in net sales and adjusted gross margin. The company is actively working on transformation strategies to navigate market demands and streamline operations.

Company Guidance -

Q3 2025

During the Myers 2025 Second Quarter Earnings Results Call, the company provided several key metrics and updates about their financial performance and strategic initiatives. Net sales for the second quarter were reported at $209.6 million, representing a 4.8% decrease year-over-year, with adjusted EPS at $0.31. Despite facing demand headwinds in the vehicle and automotive aftermarket segments, the company noted strong growth in military products within the industrial sector. Myers is on track to achieve a targeted $20 million SG&A cost reduction by the end of 2025, with $18 million already in sight following announced consolidations. Free cash flow was noted at $25 million for the quarter, and the company expects sales of military products to exceed $40 million for the full year. The strategic review of the Myers Tire Supply business, along with the consolidation of rotational molding facilities, is expected to result in annual savings of at least $3 million. The company also reiterated its commitment to a debt reduction strategy, with $13 million in debt repaid during the quarter, and confirmed ongoing efforts toward a net leverage target of 1.5x to 2.5x.

Strong Free Cash Flow

The company reported strong free cash flow generation of $25 million in the quarter, which is an improvement of $18.2 million sequentially and $14 million from the prior year.

Military and Infrastructure Backlog

The company remains confident in second-half growth based on a strong backlog for military products in the industrial end market and infrastructure products.

Cost Reduction Progress

The company is on track to achieve $20 million in cost savings by the end of 2025, with $18 million already in sight due to manufacturing consolidation and other measures.

Operational Improvements

Implementation of lean principles and focus on execution and accountability is creating positive impacts and helping in achieving cost savings.

Strategic Review of Myers Tire Supply

The Board of Directors approved a strategic review of Myers Tire Supply business to focus on core businesses that align with the company's mission.

Myers Industries (MYE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MYE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.28 / -	0.25	―	―	―
Jul 31, 2025	2025 (Q2)	0.32 / 0.31	0.39	-20.51% (-0.08)
May 01, 2025	2025 (Q1)	0.19 / 0.22	0.21	4.76% (+0.01)
Mar 06, 2025	2024 (Q4)	0.10 / 0.19	0.29	-34.48% (-0.10)
Nov 04, 2024	2024 (Q3)	0.29 / 0.25	0.38	-34.21% (-0.13)
Aug 01, 2024	2024 (Q2)	0.31 / 0.39	0.35	11.43% (+0.04)
May 07, 2024	2024 (Q1)	0.32 / 0.21	0.38	-44.74% (-0.17)
Mar 05, 2024	2023 (Q4)	0.27 / 0.29	0.32	-9.38% (-0.03)
Nov 01, 2023	2023 (Q3)	0.43 / 0.38	0.41	-7.32% (-0.03)
Aug 03, 2023	2023 (Q2)	0.35 / 0.35	0.45	-22.22% (-0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MYE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$14.64	$14.65	+0.07%
May 01, 2025	$10.40	$10.96	+5.38%
Mar 06, 2025	$9.55	$12.23	+28.06%
Nov 04, 2024	$11.35	$11.04	-2.73%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Myers Industries (MYE) report earnings?

Myers Industries (MYE) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Myers Industries (MYE) earnings time?

Myers Industries (MYE) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MYE EPS forecast?

MYE EPS forecast for the fiscal quarter 2025 (Q3) is 0.28.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing