Common Stock, $0.50 Par Value
- Symbol
- MEI
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
MEINYSEEQUITYCurrent
Item 2.02 Results of Operations and Financial Condition. On June 24, 2026, Methode Electronics, Inc. (the “Company”) issued a press release announcing its financial results for its fourth quarter and fiscal year ended May 2, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.…
Methode Electronics, Inc. (NYSE: MEI) is a leading global supplier of custom engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East and Asia. We design, engineer, and manufacture mechatronic products for OEMs and tiered suppliers across mobility, industrial, and commercial markets. Our capabilities include power distribution, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards; as well as user interface components, specialized light-emitting diode (“LED”) lighting solutions, and sensor applications.
METHODE ELECTRONICS, INC. · 8-K · Filed 2026-06-24
EX-99.1 2 mei-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Methode Electronics, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results Transformation progress drives improved profitability and positions the Company for continued growth in fiscal 2027 Fiscal Fourth Quarter 2026 Highlights • Net sales of $298.1 million, up 15.9% year-over-year, including $22.5 million of customer recoveries realized during the quarter • Net income of $0.4 million or 0.1% of net sales, compared to a net loss of $28.3 million in prior year period • Adjusted EBITDA of $26.9 million compared to Adjusted EBITDA loss of $7.1 million in prior year period Fiscal Year 2026 Highlights (52-week fiscal year 2026 compared to 53-week fiscal year 2025) • Net sales of $1,019.2 million, down 2.8% year-over-year • Net loss of $35.7 million or 3.5% of net sales, compared to a net loss of $62.6 million in fiscal 2025 • Adjusted EBITDA of $68.2 million or 6.7% of net sales, up 60.5% year-over-year • Cash from operations totaled $38.0 million, capital expenditures totaled $22.4 million, resulting in $15.6 million of free cash flow Fiscal Year 2027 Outlook Highlights • Net sales expected to be…
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