The 2020 Mid-Year Economic Update_long

Myers Industries Sales Up 3.9% in 1Q

Profit for the quarter increased to $5.2 million.

Myers Industries Inc. (NYSE: MYE), Akron, OH, reported sales for the first quarter of $156.3 million, up 3.9 percent year-over-year. Profit for the quarter was $5.2 million, compared to $680,000 the prior-year quarter.

Material handling segment sales for the quarter were up 5.3 percent year-over-year to $112.3 million and distribution segment sales were up 0.5 percent to $44.1 million.

"For the first quarter of 2015, our Scepter business delivered strong sales and operating performance," said John C. Orr, president and CEO. "Scepter continues to demonstrate its long-term value to our Material Handling Segment."

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