Myers Industries Inc 8-K, filed Oct 29, 2026

Myers Industries Inc (MYE)

8-K 2026-10-29 For: 2026-10-29

Added on October 29, 2026

About this 8-K

Myers Industries Inc filed this 8-K on October 29, 2026.

Myers Industries’ third quarter ended September 30, 2026 saw net sales rise 8.1%, gross margin fall to 27.3% from 31.1%, and adjusted diluted EPS from continuing operations increase 3.2% to 0.32; it anticipates significant sequential fourth-quarter margin improvement. AI summary

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 9.01: Financial statements and exhibits

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Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, without par value	MYE	The New York Stock Exchange


Exhibit Number		Description

99.1		Press Release, dated October 29, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)


	Myers Industries, Inc.

	By:	/s/ Samantha Rutty
		Samantha Rutty
		Executive Vice President and Chief Financial Officer

Date: October 29, 2026


	Quarter Ended September 30,
(Dollars in thousands, except per share data)	2026			2025			% Inc (Dec)
Net sales	$	171,340		$	158,474		8.1%
Gross profit	$	46,778		$	49,257		(5.0)%
Gross margin		27.3	%		31.1	%	-380 bps
Operating income	$	14,839		$	16,718		(11.2)%
Operating income margin		8.7	%		10.5	%	-180 bps
Income from continuing operations	$	4,711		$	6,290		(25.1)%
Income per diluted share from continuing operations	$	0.13		$	0.17		(23.5)%

Adjusted operating income	$	17,905		$	19,865		(9.9)%
Adjusted operating income margin		10.4	%		12.5	%	-210 bps
Adjusted income from continuing operations	$	12,230		$	11,591		5.5%
Adjusted income per diluted share from continuing operations	$	0.32		$	0.31		3.2%
Adjusted EBITDA	$	26,576		$	28,952		(8.2)%
Adjusted EBITDA margin		15.5	%		18.3	%	-280 bps


Revenue by end market	Quarter Ended September 30,
	2026	2025	% Inc (Dec)
Industrial	68,412	68,637	0%
Infrastructure	40,810	29,648	38%
Consumer	20,133	20,174	0%
Food & Beverage	19,298	17,301	12%
Vehicle	22,687	22,714	0%


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


End Markets (% of TTM Sales as of September 30, 2026)	2026 Outlook*
Industrial (39% of sales) Akro-Mils®, Buckhorn® & Jamco® containers, organizational bins, totes, carts and cabinets; Scepter® military ammunition containers; OEM parts for general industrial equipment	Moderate growth
Infrastructure (24% of sales) Signature Systems® ground protection matting for construction, industrial sites, and event venues	Strong growth
Vehicle (13% of sales) RV, marine, and automotive components	Down (previously stable)
Consumer (12% of sales) Scepter® fuel containers; outdoor furniture and equipment	Moderate growth (previously stable), affected by normal level of storm response
Food & Beverage (12% of sales) Buckhorn® seed boxes, intermediate bulk containers, and Tuff Series bulk containers for agricultural and chemical customers	Strong growth (previously moderate growth)


	Quarter Ended					Nine Months Ended
	September 30, 2026			September 30, 2025		September 30, 2026			September 30, 2025
Net sales	$	171,340		$	158,474	$	515,122		$	483,373
Cost of sales		124,562			109,217		350,336			332,844
Gross profit		46,778			49,257		164,786			150,529
Selling, general and administrative expenses		28,412			28,711		82,964			85,349
Depreciation and amortization		3,527			3,716		10,883			11,224
(Gain) loss on disposal of fixed assets		—			112		76			198
Operating income (loss)		14,839			16,718		70,863			53,758
Interest expense, net		5,193			7,497		18,152			22,247
Loss on debt extinguishment		3,463			—		3,463			—
Income (loss) from continuing operations before income taxes		6,183			9,221		49,248			31,511
Income tax expense (benefit)		1,472			2,931		11,989			8,416
Income (loss) from continuing operations		4,711			6,290		37,259			23,095
Income (loss) from discontinued operations, net of income tax		(5,576	)		798		(19,920	)		503
Net income (loss)	$	(865	)	$	7,088	$	17,339		$	23,598
Income (loss) per common share from continuing operations:
Basic	$	0.13		$	0.17	$	0.99		$	0.62
Diluted	$	0.13		$	0.17	$	0.99		$	0.62
Income (loss) per common share from discontinued operations:
Basic	$	(0.15	)	$	0.02	$	(0.53	)	$	0.01
Diluted	$	(0.15	)	$	0.02	$	(0.53	)	$	0.01
Net income (loss) per common share:
Basic	$	(0.02	)	$	0.19	$	0.46		$	0.63
Diluted	$	(0.02	)	$	0.19	$	0.46		$	0.63
Weighted average common shares outstanding:
Basic		37,617,769			37,393,620		37,526,060			37,361,228
Diluted		37,927,346			37,582,062		37,823,641			37,504,164


	September 30, 2026		December 31, 2025
Assets
Current Assets
Cash	$	53,527	$	40,514
Trade accounts receivable, net		107,982		95,435
Other accounts receivable, net		9,232		12,195
Inventories, net		73,829		67,559
Other current assets		16,166		9,816
Assets held for sale - current		7,306		55,940
Total Current Assets		268,042		281,459
Property, plant, & equipment, net		122,163		127,943
Right of use asset - operating leases		17,904		22,199
Goodwill and intangible assets, net		377,189		387,343
Other assets		9,321		8,230
Assets held for sale		—		25,402
Total Assets	$	794,619	$	852,576
Liabilities & Shareholders' Equity
Current Liabilities
Accounts payable	$	70,607	$	51,270
Accrued expenses		49,980		49,722
Operating lease liability - short-term		5,756		5,974
Finance lease liability - short-term		680		645
Long-term debt - current portion		12,429		34,601
Liabilities held for sale - current		2,474		26,801
Total Current Liabilities		141,926		169,013
Long-term debt		279,608		311,210
Operating lease liability - long-term		12,191		16,130
Finance lease liability - long-term		6,832		7,349
Other liabilities		11,084		14,916
Deferred income taxes		38,865		37,727
Liabilities held for sale		—		2,005
Total Shareholders' Equity		304,113		294,226
Total Liabilities & Shareholders' Equity	$	794,619	$	852,576


	Quarter Ended September 30,						Nine Months Ended September 30,
	2026			2025			2026			2025
Cash Flows From Operating Activities
Net income (loss)	$	(865	)	$	7,088		$	17,339		$	23,598
Income (loss) from discontinued operations, net of income taxes		(5,576	)		798			(19,920	)		503
Income (loss) from continuing operations		4,711			6,290			37,259			23,095
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by (used for) operating activities
Depreciation and amortization		8,671			9,087			26,900			27,652
Loss on debt extinguishment		3,463			—			3,463			—
Amortization of deferred financing costs		259			541			1,565			1,621
Non-cash stock-based compensation expense		1,396			835			4,317			2,383
(Gain) loss on disposal of fixed assets		—			112			76			198
Other		1,700			3,524			(1,034	)		3,812
Cash flows provided by (used for) working capital
Accounts receivable - trade and other, net		(1,254	)		(8,295	)		(9,754	)		(3,508	)
Inventories		3,144			1,617			(6,600	)		(960	)
Prepaid expenses and other current assets		(4,614	)		3,143			(3,252	)		(1,800	)
Accounts payable and accrued expenses		(55	)		9,157			23,272			11,432
Net cash provided by (used for) operating activities - continuing operations		17,421			26,011			76,212			63,925
Net cash provided by (used for) operating activities - discontinued operations, net		(369	)		(253	)		585			275
Net cash provided by (used for) operating activities		17,052			25,758			76,797			64,200
Cash Flows From Investing Activities
Capital expenditures		(5,943	)		(4,176	)		(14,323	)		(15,785	)
Proceeds from sale of business		23,564			—			23,564			—
Proceeds from sale of property, plant, and equipment		1			(1	)		1,596			160
Net cash provided by (used for) investing activities - continuing operations		17,622			(4,177	)		10,837			(15,625	)
Net cash provided by (used for) investing activities - discontinued operations, net		(23	)		432			(352	)		351
Net cash provided by (used for) investing activities		17,599			(3,745	)		10,485			(15,274	)
Cash Flows From Financing Activities
Net borrowings (repayments) on revolving credit facility		43,468			(5,000	)		43,468			—
Repayments of Term Loan A		(316,000	)		(5,000	)		(351,000	)		(15,000	)
Proceeds from Term Loan		250,000			—			250,000			—
Payments on finance lease		(161	)		(155	)		(482	)		(464	)
Cash dividends paid		(5,078	)		(5,056	)		(15,417	)		(15,439	)
Proceeds from issuance of common stock		364			293			985			866
Shares withheld for employee taxes on equity awards		(86	)		(44	)		(825	)		(929	)
Repurchase of common stock		—			(506	)		—			(2,021	)
Deferred financing fees		(1,665	)		—			(1,665	)		—
Net cash provided by (used for) financing activities - continuing operations		(29,158	)		(15,468	)		(74,936	)		(32,987	)
Net cash provided by (used for) financing activities - discontinued operations, net		—			—			—			—
Net cash provided by (used for) financing activities		(29,158	)		(15,468	)		(74,936	)		(32,987	)
Foreign exchange rate effect on cash		7			130			900			(196	)
Net increase (decrease) in cash - continuing operations		5,892			6,496			13,013			15,117
Beginning Cash		47,635			37,247			40,514			28,626
Ending Cash	$	53,527		$	43,743		$	53,527		$	43,743