$MYE (Myers Industries Inc.)

$MYE {{ '2016-08-15T18:23:14+0000' | timeago}} • Announcement

$MYE said its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on October 3, 2016 to shareholders of record as of September 2, 2016.

$MYE {{ '2017-12-20T20:20:15+0000' | timeago}} • Announcement

Polymer company $MYE has completed the sale of its Brazilian subsidiaries to Novel Holdings. Myers expects to record a pre-tax loss of about $35MM in 4Q17, primarily related to asset write-down transaction-related costs. Write-down of the assets is expected to result in a cash tax benefit of $15MM.

$MYE {{ '2017-11-29T15:21:32+0000' | timeago}} • Announcement

$MYE has appointed Chris DuPaul as Group President, Distribution, effective December 1, 2017. He replaces Alex Williamson who is leaving the company to pursue other opportunities. Mr. DuPaul joins $MYE from CVS Health, where he was Corporate Vice President, Pharmacy Services.

$MYE {{ '2017-08-07T13:08:51+0000' | timeago}} • Announcement

$MYE BoD approved a quarterly cash dividend of $0.135 per share payable on Oct. 3, 2017 to shareholders of record on Sept. 8, 2017.

$MYE {{ '2017-06-05T20:58:43+0000' | timeago}} • Announcement

$MYE BoD approved a quarterly cash dividend of $0.135 per share. The dividend is payable on July 5, 2017 to shareholders of record as of June 16, 2017.

$MYE {{ '2017-05-08T13:06:50+0000' | timeago}} • Announcement

$MYE continues to anticipate that total revenue to be flat on a constant currency basis in FY17 as compared to the prior year. Capital expenditures are expected to be in the range of $10-12MM, net interest expense in the range of $8-9MM, depreciation and amortization in the range of $32-34MM, and an effective tax rate of about 36%.

$MYE {{ '2017-05-08T13:06:30+0000' | timeago}} • Announcement

$MYE's gross margin for 1Q17 decreased by 230 basis points to 29.6% from the prior year quarter. This decline was primarily due to lower sales volume and higher restructuring and manufacturing costs in the Material Handling Segment.

$MYE {{ '2017-05-08T13:06:11+0000' | timeago}} • Announcement

$MYE swung to a profit in 1Q17 from a loss last year, on lower operating expenses, despite softer than expected demand in auto aftermarket end market. Net income was $3.11MM or $0.10 per share compared to a loss of $3.39MM or $0.11 per share last year. Net sales fell to $141.7MM from $151.21MM. Adjusted EPS dropped to $0.13 from $0.21.

$MYE {{ '2017-03-09T13:28:02+0000' | timeago}} • Announcement

For FY17, $MYE anticipates its total revenue to be flat on a constant currency basis. The company expects its CapEx to be in the range of $10-12MM. $MYE expects FY17 net interest expense to be in the range of $8-9MM.

$MYE {{ '2017-03-09T13:21:43+0000' | timeago}} • Announcement

Polymer products maker $MYE reported 4Q16 net loss of $1.45MM, or $0.05 per share, compared to net income of $0.77MM, or $0.03 per share during 4Q15. Net sales during the quarter fell 6.6% YoY to $130.1MM, mainly due to decreased capital spending in several of the Company's key end markets.

$MYE {{ '2017-03-07T14:20:35+0000' | timeago}} • Announcement

$MYE announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on April 4, 2017 to shareholders of record as of March 17, 2017.

$MYE {{ '2016-11-21T15:22:54+0000' | timeago}} • Announcement

$MYE's BoD approved a quarterly cash dividend of $0.135 per share. The dividend is payable on Jan. 3, 2017 to shareholders of record on Dec. 2, 2016.

$MYE {{ '2016-11-08T19:09:14+0000' | timeago}} • Webcast

$MYE reported that 3Q16 sales were down 6%, hurt by the continued difficult capital spending environment in food and beverage end markets. Results of Material Handling and Distribution segments were impacted by cost reallocations from corporate to reflect correct segment cost structure.

$MYE {{ '2016-11-08T14:11:27+0000' | timeago}} • Announcement

For 2016, $MYE anticipates that total revenue will be down mid-to-high single digits on a constant currency basis for both 4Q16 and FY16 primarily due to a continued weak capital spending environment.

$MYE {{ '2016-11-08T14:10:10+0000' | timeago}} • Announcement

Polymer products maker $MYE reported 3Q16 net income per share from continuing operations of $0.01, down from $0.02 a year ago. Net sales decreased 6.3% to $132.7MM. The reduction in sales was primarily the result of decreased capital spending in several key end markets and a decline in sales of retread products in the Distribution segment.

$MYE {{ '2016-10-19T13:52:22+0000' | timeago}} • Announcement

$MYE appointed Matteo Anversa as EVP, CFO and Corporate Secretary, effective Dec. 1, 2016. Anversa joins $MYE from Fiat Chrysler Automobiles N.V. where he was VP, Group FP&A. Anversa will be relocating with his family to Northeast Ohio this winter.

$MYE {{ '2016-09-28T11:16:57+0000' | timeago}} • Announcement

$MYE appointed Mike Valentino as Group President, Material Handling, and will continue to report to CEO Dave Banyard. Alex Williamson has been appointed Group President, Distribution, and will continue to report to Banyard. These are effective Sept. 6, 2016.

$MYE {{ '2016-09-28T11:15:24+0000' | timeago}} • Announcement

$MYE appointed Kevin Gehrt as VP, Human Resources. The company also said it consolidated its existing two business segments, Material Handling and Distribution, under single Group Presidents and leadership teams, effective Sept. 6, 2016. These actions intend to simplify operations and put a greater focus on execution of strategic initiatives.

$MYE {{ '2016-08-15T18:23:14+0000' | timeago}} • Announcement

$MYE said its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on October 3, 2016 to shareholders of record as of September 2, 2016.

$MYE {{ '2016-03-21T14:10:35+0000' | timeago}} • Announcement

Maker of polymer products $MYE said that Greggory W. Branning, EVP, CFO and Corporate Secretary has resigned from the company to pursue other interests. Kevin Brackman, VP and Controller, will succeed Mr. Branning as acting CFO on an interim basis, until a suitable replacement is found.

$MYE {{ '2016-03-15T04:24:38+0000' | timeago}} • Announcement

$MYE revised its Feb. 26 released 4Q15 results, reflecting an adjustment from discontinued operations due to March 9 decision on the disputed post-closing working capital adjustments related to Lawn & Garden business sale which closed Feb. 17. Income from discontinued operations grew $0.6MM, and thus net income grew $0.6MM for both 4Q15 and FY15.

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