Miller Industries Plunges 14.52% on 42.4% Sales Decline

On August 7, 2025, Miller Industries experienced a significant drop of 14.52% in pre-market trading, reflecting a substantial decline in its stock price.

Miller Industries reported a 42.4% decrease in sales for the second quarter, falling short of analyst expectations. The company revised its 2025 revenue guidance to between $750 million and $800 million, and suspended its earnings per share (EPS) guidance. This revision indicates a significant adjustment in the company's financial outlook, which has likely contributed to the sharp decline in its stock price.