Christian Zyla's questions to MYERS INDUSTRIES (MYE) leadership • Q2 2025
Question
Christian Zyla of KeyBanc Capital Markets inquired about the catalyst for the strategic review of the Myers Tire Supply (MTS) business, the size and visibility of the company's backlog, and the drivers behind the strong Q2 free cash flow performance.
Answer
President and CEO Aaron Schapper explained the MTS review was the result of a deliberate six-month evaluation, not a single event. Interim CFO Daniel Hoehn addressed the backlog, noting it is substantial in the industrial and infrastructure markets, providing strong second-half visibility. Hoehn also attributed the robust free cash flow to improved working capital management, stating it is indicative of the business's potential.