Symbols

Miller Industries Plunges 14.52% on 42.4% Sales Decline

Generated by AI AgentAinvest Pre-Market Radar

Thursday, Aug 7, 2025 6:16 am ET1min read

MLR--

Aime Summary

- Miller Industries' stock plummeted 14.52% pre-market after Q2 sales fell 42.4% below forecasts.

- The company revised 2025 revenue guidance to $750M-$800M and suspended EPS projections.

- Guidance adjustments reflect significant financial outlook deterioration driving investor panic.

On August 7, 2025, Miller IndustriesMLR-- 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.

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