Forward-Looking Statements This Quarterly Report on Form 10-Q and the information incorporated by reference contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including information regarding the Company’s financial outlook, future plans, objectives, business prospects and anticipated financial performance. Forward-looking statements can be identified by words such as “will,” “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” or variations of these words, or similar expressions. These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, these statements inherently involve a wide range of uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. The Company’s actual actions, results, and financial condition may differ materially from what is expressed or implied by the forward-looking statements. Specific factors that could cause such a difference on our business, financial position, results of operations and/or liquidity include, without limitation, significant increases in the cost of raw materials or disruption in the availability of raw materials; operating in a very competitive business environment; changes in U.S. trade policy, including the imposition of tariffs and the resulting consequences; physical and other risks that could disrupt production; risks associated with our ability to develop and market new products; risks associated with protecting our intellectual property rights, including our unpatented proprietary know-how and trade secrets, or in avoiding claims that we infringed on the intellectual property rights of others; price volatility with our common stock; risks associated with our strategic growth initiatives or the failure to achieve the anticipated benefits of such initiatives; unanticipated downturn in business or inflationary conditions in the U.S. economy or global markets; risks associated with doing business in foreign countries; inability of the Company to maintain access to credit financing; risks associated with equity ownership concentration; claims, litigation and regulatory actions against the Company; changes in laws (including privacy laws), regulations and standards affecting the Company; current and future environmental and other governmental laws and requirements affecting the Company; unforeseen events, including natural disasters, unusual or severe weather events and patterns, public health crises, geopolitical crises, and other catastrophic events; instability in geographies impacted by political events, trade disputes, war, terrorism and other business interruptions; our ability to successfully execute our announced intended divestiture of the Myers Tire Supply business; and other risks and uncertainties detailed from time to time in the Company’s filings with the SEC, including without limitation, the risk factors disclosed in Item 1A, “Risk Factors,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Given these factors, as well as other variables that may affect our operating results, readers should not rely on forward-looking statements, assume that past financial performance will be a reliable indicator of future performance, nor use historical trends to anticipate results or trends in future periods. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. The Company expressly disclaims any obligation or intention to provide updates to the forward-looking statements and the estimates and assumptions associated with them. Executive Overview During the first quarter of 2026, in conjunction with the announced sale of Myers Tire Supply, as described in Note 3, the Company transitioned to a new internal organizational and reporting structure. This change in structure has resulted in a more agile organization and solidified achievement of recent productivity improvements and cost efficiency initiatives. In conjunction with the change the Company has begun reporting on a new single-segment structure effective March 31, 2026, as described in Note 1. The Company designs, manufactures, and markets a variety of plastic, metal and rubber products, including a broad selection of durable plastic reusable products that are manufactured for repeated use during the course of their service life. At the end of their service life, these highly sustainable products can be recovered, recycled, and reprocessed into new products. The Company's products include a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, composite ground protection matting, tire repair and retreading products, consumer fuel containers and tanks for water, fuel and waste handling. Products are primarily injection molded, rotationally molded, compression molded or blow molded. Injection, compression and blow molding primarily use electric power to heat and press resin into molds to form the products. Rotational molding involves multi-axis rotation of molds in natural gas fired ovens to form the resin into our products. The Company also manufactures and sells certain traffic markings, including reflective highway marking tape. The Company conducts its primary operations in the United States, Canada and Europe and serves a wide variety of markets, including industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, construction, infrastructure and consumer, among others. Products are sold both directly to end-users and through distributors. 20 The Company’s results of operations for the quarter and six months ended June 30, 2026 are discussed below. The current economic environment includes heightened risks from tariffs, inflation, interest rates, banking liquidity, volatile commodity costs, supply chain disruptions and labor availability stemming from the broader economic effects of the international geopolitical climate, including rapidly changing regulations which has increased volatility in global commodity markets, including oil (a component of many plastic resins), energy and agricultural commodities. Some of our businesses have been and may continue to be affected by these broader economic effects, including customer demand for our products, supply chain disruptions, labor availability, tariffs and inflation. The Company believes it is well-positioned to manage through this uncertainty as it has a strong balance sheet with sufficient liquidity and borrowing capacity as well as a diverse product offering and customer base. As described in Note 3, the Myers Tire Supply business is classified as discontinued operations and all historical information has been adjusted to reflect the discontinued operations presentation. Results of Operations: The following discussion is of our consolidated results of operations. As described in Note 1, effective January 1, 2026, the Company changed its method of accounting for the classification of shipping and handling costs. Under the new method of accounting, the Company includes shipping and handling costs in Cost of sales, whereas previously, these costs were included in operating costs and expenses within Selling, general and administrative for internal costs and Freight out for external costs. This change has been applied retrospectively to all periods presented in the tables below. Comparison of the Quarter Ended June 30, 2026 to the Quarter Ended June 30, 2025 For the Quarter Ended June 30, (dollars in thousands) 2026 2025 Change % Change Net sales $ 179,202 $ 163,232 $ 15,970 9.8 % Cost of sales 117,739 112,179 5,560 5.0 % Gross profit 61,463 51,053 10,410 20.4 % Selling, general and administrative expenses 26,557 27,353 (796 ) (2.9 )% Depreciation and amortization 3,658 3,756 (98 ) (2.6 )% (Gain) loss on disposal of fixed assets 76 105 (29 ) (27.6 )% Operating income $ 31,172 $ 19,839 $ 11,333 57.1 % Net sales for the quarter ended June 30, 2026 were $179.2 million, an increase of $16.0 million or 9.8% compared to the quarter ended June 30, 2025. Net sales increased due to higher volume of $14.4 million, higher pricing of $1.5 million and the effect of favorable currency translation of $0.1 million. During the second quarter of 2026, the Company also began production and made initial shipments of military ammunition containers in Europe through Scepter International Poland sp z o.o. Military ammunition containers are included within the Industrial market. The expansion supports the Company’s ability to serve customers in the European market and is part of a broader growth strategy. Gross profit increased $10.4 million, or 20.4%, for the quarter ended June 30, 2026 compared to the quarter ended June 30, 2025, due to higher volume and pricing as described under Net Sales above, in addition to favorable mix and cost productivity, partially offset by higher material costs. Gross margin was 34.3% for the quarter ended June 30, 2026 compared with 31.3% for the quarter ended June 30, 2025. Selling, general and administrative (“SG&A”) expenses for the quarter ended June 30, 2026 were $26.6 million, a decrease of $0.8 million or 2.9% compared to the same period in the prior year. Decreases in SG&A expenses for the quarter ended June 30, 2026 were primarily due to $0.5 million of lower salaries and benefits, $0.1 million of lower legal and professional fees, and a $2.0 million non-income tax reserve release related to the Signature acquisition, partially offset by $1.0 million of higher incentive compensation, $0.4 million of higher commissions, $0.3 million of higher variable selling expenses and $0.1 million of higher facilities costs. Depreciation and amortization, exclusive of amounts within Cost of sales, decreased $0.1 million to $3.7 million for the quarter ended June 30, 2026 as compared to $3.8 million for the quarter ended June 30, 2025. The decrease was primarily related to asset disposals in the prior year. (Gain) loss on disposal of fixed assets was not significant during both the quarter ended June 30, 2026 and June 30, 2025. 21 Net Interest Expense: Quarter Ended June 30, (dollars in thousands) 2026 2025 Change % Change Net interest expense $ 6,267 $ 7,364 $ (1,097 ) (14.9 )% Average outstanding borrowings, net $ 338,330 $ 408,247 $ (69,917 ) (17.1 )% Weighted-average borrowing rate 7.61 % 7.75 % Net interest expense for the quarter ended June 30, 2026 was $6.3 million, a decrease of $1.1 million, or 14.9%, compared with $7.4 million for the quarter ended June 30, 2025. The lower net interest expense was due to lower average outstanding borrowings for the quarter ended June 30, 2026. Income Taxes: Quarter Ended June 30, (dollars in thousands) 2026 2025 Income from continuing operations before income taxes $ 24,905 $ 12,475 Income tax expense (benefit) $ 6,156 $ 2,858 Effective tax rate 24.7 % 22.9 % The Company’s effective tax rate was 24.7% and 22.9% for the quarter ended June 30, 2026 and 2025, respectively. The increase in the effective tax rate is driven by a non-recurring prior year benefit related to the termination of the Company's pension plan. Discontinued Operations: Income from discontinued operations, net of income taxes was $1.3 million and $0.1 million for the quarter ended June 30, 2026 and 2025, respectively. The higher income from discontinued operations, net of income taxes, in the current year was mainly due to favorable mix, price, cost productivity and lower overall SG&A, partially offset by lower net sales. Comparison of the Six Months Ended June 30, 2026 to the Six Months Ended June 30, 2025 For the Six Months Ended June 30, (dollars in thousands) 2026 2025 Change % Change Net sales $ 343,782 $ 324,899 $ 18,883 5.8 % Cost of sales 225,774 223,627 2,147 1.0 % Gross profit 118,008 101,272 16,736 16.5 % Selling, general and administrative expenses 54,552 56,638 (2,086 ) (3.7 )% Depreciation and amortization 7,356 7,508 (152 ) (2.0 )% (Gain) loss on disposal of fixed assets 76 86 (10 ) (11.6 )% Operating income $ 56,024 $ 37,040 $ 18,984 51.3 % Net sales for the six months ended June 30, 2026 were $343.8 million, an increase of $18.9 million or 5.8% compared to the six months ended June 30, 2025. Net sales increased due to higher volume of $18.2 million, higher pricing of $0.1 million and the effect of favorable currency translation of $0.6 million. Gross profit increased $16.7 million, or 16.5%, for the six months ended June 30, 2026 compared to the six months ended June 30, 2025, due to higher volume and pricing as described under Net Sales above, in addition to favorable mix and cost productivity, partially offset by higher material costs. Gross margin was 34.3% for the six months ended June 30, 2026 compared with 31.2% for the six months ended June 30, 2025. Selling, general and administrative (“SG&A”) expenses for the six months ended June 30, 2026 were $54.6 million, a decrease of $2.1 million or 3.7% compared to the same period in the prior year. Decreases in SG&A expenses for the six months ended June 30, 2026 were primarily due to $1.4 million of lower salaries and benefits, $0.7 million of lower legal and professional fees, and a $2.0 million non-income tax reserve release related to the Signature acquisition, partially offset by $0.9 million of higher incentive compensation, $0.4 million of higher commissions, $1.1 million of higher variable selling expenses and $0.1 million of higher facility costs. 22 Additionally, environmental matters, as described in Note 10 resulted in a net $0.4 million of charges for the six months ended June 30, 2026. Depreciation and amortization, exclusive of amounts within Cost of sales, decreased $0.2 million to $7.4 million for the six months ended June 30, 2026 as compared to $7.5 million for the six months ended June 30, 2025. The decrease was primarily related to asset disposals in the prior year. (Gain) loss on disposal of fixed assets was not significant during both the six months ended June 30, 2026 and June 30, 2025. Net Interest Expense: Six Months Ended June 30, (dollars in thousands) 2026 2025 Change % Change Net interest expense $ 12,959 $ 14,750 $ (1,791 ) (12.1 )% Average outstanding borrowings, net $ 349,381 $ 406,618 $ (57,237 ) (14.1 )% Weighted-average borrowing rate 7.61 % 7.67 % Net interest expense for the six months ended June 30, 2026 was $13.0 million, a decrease of $1.8 million, or 12.1%, compared with $14.8 million for the six months ended June 30, 2025. The lower net interest expense was due to lower average outstanding borrowings for the six months ended June 30, 2026. Income Taxes: Six Months Ended June 30, (dollars in thousands) 2026 2025 Income from continuing operations before income taxes $ 43,065 $ 22,290 Income tax expense $ 10,517 $ 5,485 Effective tax rate 24.4 % 24.6 % The Company’s effective tax rate was 24.4% and 24.6% for the six months ended June 30, 2026 and 2025, respectively. The decrease in the effective tax rate is driven by higher fixed non-deductible expenses in the prior year. Discontinued Operations: Loss from discontinued operations, net of income taxes was $14.3 million and $0.3 million for the six months ended June 30, 2026 and 2025, respectively. The higher loss from discontinued operations, net of income taxes, in the current year was mainly due to impairment charges of $19.5 million ($14.8 million, net of tax) recognized on the classification of assets held for sale, as more fully described in Note 3, partially offset by favorable mix, price and cost productivity in the current year. Liquidity and Capital Resources: The Company’s primary sources of liquidity are cash on hand, cash generated from operations and availability under the Amended Loan Agreement (defined below). At June 30, 2026, the Company had $47.6 million of cash, $244.7 million available under the Amended Loan Agreement and outstanding debt of $319.6 million, including the finance lease liability of $7.7 million. Based on this liquidity and borrowing capacity, the Company believes it is well-positioned to manage through the working capital demands and the heightened uncertainty in the current macroeconomic environment. The Company believes that cash on hand, cash flows from operations and available capacity under its Amended Loan Agreement will be sufficient to meet expected business requirements including capital expenditures, dividends, working capital, debt service, and to fund future growth. Operating Activities Net cash provided by operating activities from continuing operations, including intercompany cash flows, was $58.8 million for the six months ended June 30, 2026, compared to $37.9 million in the same period in 2025. The increase was primarily due to higher net income from continuing operations in the current period and changes in working capital. For the six months ended June 30, 2026, accounts receivable and inventories were a use of $8.5 million and $9.7 million, respectively, which was more than offset by $1.4 million and $23.3 million provided by prepaid expenses and other current assets and accounts payable, respectively. This compares to the six months 23 ended June 30, 2025, where prepaid expenses and other current assets and inventories were uses of $4.9 million and $2.6 million, respectively, partially offset by $4.8 million and $2.3 million provided by accounts receivable and accounts payable, respectively. The company views changes in working capital to be related to volume and timing. In total, cash generated from working capital was $6.4 million for the six months ended June 30, 2026, compared to cash used for working capital of $0.5 million in the prior year to date period. Investing Activities Net cash used for investing activities from continuing operations was $6.8 million for the six months ended June 30, 2026 compared to cash used of $11.4 million for the same period in 2025. Capital expenditures were $8.4 million and $11.6 million for the six months ended June 30, 2026 and 2025, respectively. Full year 2026 capital expenditures are expected to be approximately 3.5% of revenue. Financing Activities Cash used by financing activities from continuing operations was $45.8 million for the six months ended June 30, 2026 compared to cash used of $17.5 million for the same period in 2025. Net borrowings (repayments) of the Company's revolving credit facility were $0.0 million and $5.0 million for the six months ended June 30, 2026 and 2025, respectively. The Company also made repayments of the Term Loan A totaling $35.0 million and $10.0 million for the six months ended June 30, 2026 and 2025, respectively. Net proceeds from the issuance of common stock in connection with incentive stock option exercises were $0.6 million for both the six months ended June 30, 2026 and 2025. Cash paid for tax withholdings on vesting of stock compensation totaled $0.7 million and $0.9 million for the six months ended June 30, 2026 and 2025, respectively. The Company also used $1.5 million for the repurchase of its common stock, for the quarter ended June 30, 2025. The Company also used cash to pay dividends of $10.3 million and $10.4 million for the six months ended June 30, 2026 and 2025, respectively. Credit Sources First Amendment to Loan Agreement On February 8, 2024, the Company entered into Amendment No. 1 to the Seventh Amended and Restated Loan Agreement (“Amendment No. 1”), which amended the Seventh Amended and Restated Loan Agreement (the "Loan Agreement” – see also Note 11) dated September 29, 2022 (collectively, the “Amended Loan Agreement”). Amendment No. 1, among other things, permitted the acquisition of Signature Systems and provided a new 5-year $400 million term loan facility (“Term Loan A”). Term Loan A will amortize in eight quarterly installment payments of $5 million beginning June 30, 2024, quarterly installment payments of $10 million thereafter, and any remaining balance due upon maturity. Term Loan A may be voluntarily prepaid at any time, in whole or in part, without penalty or premium, however, all amounts repaid or prepaid in respect of Term Loan A may not be reborrowed. Amendment No. 1 did not change the existing revolving credit facility’s September 29, 2027 maturity date or $250 million borrowing limit, which includes a letter of credit subfacility and swingline subfacility. In connection with Amendment No. 1, the Company incurred deferred financing fees of $9.2 million. On May 2, 2024, the Company entered into an interest rate swap agreement to mitigate the variable interest rate risk of borrowings under the Amended Loan Agreement. The swap has a beginning notional value of $200.0 million, which reduces proportionately with scheduled Term Loan A amortization payments, and has a final maturity date of January 31, 2029. At June 30, 2026, the remaining notional value of the Company's interest rate swap totaled $175.0 million. The swap is designated as a cash flow hedge and effectively results in a fixed rate of 4.606% plus the applicable margin for the hedged debt, as described in Notes 1 and 11. As of June 30, 2026, $244.7 million was available under the Amended Loan Agreement, after borrowings and the Company had $5.3 million of letters of credit issued related to insurance and other financing contracts in the ordinary course of business. Borrowings under the Amended Loan Agreement bear interest at the Term SOFR, RFR, SONIA, EURIBOR and CORRA-based borrowing rates. As of June 30, 2026, the Company was in compliance with all of its debt covenants. The most restrictive financial covenants for all of the Company’s debt are a net leverage ratio (defined as net debt divided by earnings before interest, taxes, depreciation and amortization, as adjusted) and an interest coverage ratio (defined as earnings before interest, taxes, depreciation and amortization, as adjusted, divided by interest expense). The ratios as calculated under the terms of the Amended Loan Agreement as of and for the period ended June 30, 2026 are shown in the following table: Required Level Actual Level Interest Coverage Ratio 3.00 to 1 (minimum) 5.12 Net Leverage Ratio 3.25 to 1 (maximum) 1.94 24 Credit Sources - subsequent events Second Amendment to Loan Agreement On July 28, 2026, the Company entered into Amendment No. 2 to the Seventh Amended and Restated Loan Agreement (“Amendment No. 2”), which amended and restated the Amended Loan Agreement as described in Note 11. Amendment No. 2, among other things, extended the revolving credit facilities for five years and replaces Term Loan A with a new five-year, $250 million term loan (“Term Loan”). The revolving credit facility and the Term Loan both mature on July 28, 2031. Amendment No. 2 reduces and harmonizes the applicable spread for interest charged on both the revolving credit facility and the Term Loan. The reduction of the $316 million balance on Term Loan A to the initial $250 million balance on the Term Loan under Amendment No. 2 was funded with borrowings on the revolving credit facility. Amendment No. 2 maintained the two most restrictive financial covenants: 1) the Interest Coverage Ratio with an unchanged minimum level of 3.00 to 1; and 2) the Net Leverage Ratio with an increased maximum level of 3.50 to 1 and providing for the Company's option to elect a four quarter holiday of 4.00 to 1 following a Material Acquisition as defined in the Amended Loan Agreement, inclusive of Amendment No. 2. Borrowings under the Amended Loan Agreement inclusive of Amendment No. 2 continue to bear interest at the Term SOFR, RFR, SONIA, EURIBOR and CORRA-based borrowing rates. Amounts borrowed under the credit facility are secured by pledges to all of the Company's assets, except with respect to certain assets that are customarily excluded for the incurrence of such liens and except for assets related to Myers Tire Supply, unless the sale of the Myers Tire Supply business is not completed by January 27, 2027. Off-Balance Sheet Arrangements The Company does not have any off-balance sheet arrangements that have, or are reasonably expected to have, a material current or future effect on its financial condition, results of operations, liquidity, capital expenditures or capital resources at June 30, 2026.