Miller Industries, Inc. (MLR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Bye. Thank you. Thank you. Thank you. Good day, ladies and gentlemen, and welcome to the Miller Industries fourth quarter 2025 results conference call. Please note this event is being recorded. And now at this time, I would like to turn the call over to Will Miller at Miller Industries. Please go ahead, sir. Good morning, everyone, and thank you for joining us for our fourth quarter and full year 2025 earnings call. I want to begin by thanking our employees around the world for their dedication throughout the year. Our results and strategic progress reflect the commitment and passion of our team, our suppliers, our customers, and our shareholders. As always, our remarks today will include forward-looking statements. Actual results may differ materially. Please refer to our SEC filings and the safe harbor statement included in today's presentation. I would like to start greater detail. We were pleased to deliver a fourth quarter that led to generating full-year revenue in line with our revised expectations, despite a challenging industry environment. I'm incredibly proud of the way our team rose to the challenge this year, focusing on operating discipline in the areas of the business within our control. We have over 1,500 employees across Tennessee, Pennsylvania, France, the United Kingdom, and Italy. And our footprint gives us unmatched reach, capability, and reliability. During the year, we made many difficult but necessary decisions to protect the long-term health of the business. These included strategically decreasing production in response to elevated field inventory in our North American distribution network, right-sizing our cost structure for the current environment and strengthening our supply chain to mitigate the impacts of tariffs. We also achieved meanin...