MLR / Miller Industries: Elevated Working Capital Needs Suggest More Share-Price Consolidation

Miller Industries has experienced significant earnings growth over the past four quarters, with a 50% increase in top-line sales and an $11.2 million more_horizontal

Miller Industries, Inc. (NYSE:MLR ) Q2 2023 Results Conference Call August 10, 2023 10:00 AM ET Company Participants Mike Gaudreau - FTI Consulting Wi more_horizontal

I believe the market is ignoring Miller Industries' upcoming operating leverage story as they are just coming out of a big investment cycle. Miller In more_horizontal

Compared to the market, Miller Industries has performed quite well in recent months, with sales and profits rising nicely in the latest quarter. This more_horizontal

Miller Industries, Inc. (NYSE:MLR ) Q2 2022 Results Conference Call August 4, 2022 2:00 PM ET Company Participants Mike Gaudreau - FTI Consulting Bill more_horizontal

Miller Industries has strong demand for its products. The company is also beset with supply chain problems. more_horizontal

Miller Industries, Inc. (NYSE:MLR ) Q1 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Mike Gaudreau - FTI Consulting Will more_horizontal

Due to inflationary headwinds, the stock is back to its 13-year-old trend line. As has been seen historically, there's a good potential and probabilit more_horizontal