$MYE: Myers Industries Reports Q3: Revenue Up 8.1%, Margins Contract on High

$MYE

$MYE – Myers Industries Reports Q3: Revenue Up 8.1%, Margins Contract on High Resin Costs

MYERS INDUSTRIES INC

2026-10-29 00:00:00 UTC · SEC_8K · All $MYE

?? Negative AI Sentiment (-4.0 / 10)

Net sales increased 8.1% YoY to $171.3M, driven by commercial initiatives.
Gross margin contracted 380 bps to 27.3% due to higher resin costs and unfavorable mix, pushing GAAP diluted EPS to -$0.02 vs $0.19 prior year.
Adjusted EBITDA fell 8.2% to $26.6M, while adjusted diluted EPS was $0.32 vs $0.31.