Miller Industries (MLR) Q2 2026 Earnings Call Transcript

Miller Industries reported Q2 2026 revenue of $240 million (up 12.1% YoY) with net income of $7.3 million. The company reaffirmed full-year guidance of $850-900 million in revenue and mid-13% gross margins. Military commitments surpassed $200 million with production beginning in 2027. The company reduced debt by $20 million and announced a $100 million capacity expansion in Tennessee. However, management expressed low confidence in near-term domestic market growth due to geopolitical tensions and fuel price volatility.