Need Help? (888) 742-5060

In The News:

Myers Industries Sales Down 2.9% in 1Q

Myers Industries Inc. (NYSE: MYE), Akron, OH, reported sales for the first quarter were $208.8 million, down 2.9 percent from $215 million in the prior-year period. Profit for the quarter was $.7 million.

“Extremely poor weather conditions and transportation issues during most of the first quarter negatively impacted sales” John C. Orr, president and CEO, said. ”We continue to anticipate that our full year 2014 results will show another year of improved earnings.

Sales in the distribution segment were $39.7 million for the first quarter, down 6 percent from the prior year.

Sales in the material handling segment for the first quarter rose 13 percent to $90.6 million as a result of strong sales to the food processing and agricultural end markets.

Sales in the lawn and garden segment for the third quarter were $49.8 million, down 17 percent from the first quarter of 2013. Extremely poor weather conditions and transportation issues severely impacted the segment's sales and operations.

Sales in the engineered products segment were $32.7 million for the first quarter of 2014 compared to $37 million for the first quarter of 2013. 

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center