Myers Industries Q2 2016 Earnings Presentation

Myers Industries reported Q2 2016 earnings with net sales of $144.1M, down 12% year-over-year due to soft market conditions and reduced capital spending. Gross margins improved 10 basis points to 30.9% driven by lower input costs and operational improvements, while adjusted EPS declined to $0.21 from $0.30 in the prior year period.