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SOUTHFIELD, Mich., March 18, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.05 per share to be paid on May 1, 2026, to common stockholders of record at the close of business on April 17, 2026.
Methode Electronics, Inc. (MEI) Q3 2026 Earnings Call Transcript
Net sales of $233.7 million, down 2.6% year-over-year Net loss of $15.9 million or 6.8% of net sales; adjusted EBITDA margin of 3.1% Narrowed FY26 sales guidance, lowered adjusted EBITDA guidance to $58 to $62 million Finalized agreement for the sale of Harwood Heights, IL facility Subsequent to quarter-end, closed on the sale of dataMate business, purchase price of $16 million SOUTHFIELD, Mich., March 05, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, today announced financial results for the third quarter of fiscal 2026 ended January 31, 2026.
SOUTHFIELD, Mich., March 05, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI) today announced the sale of its dataMate copper transceiver business to Bel Fuse Inc.® (NASDAQ: BELFA, BELFB), a leading global manufacturer of products that power, protect, and connect electronic circuits. The divestiture will enable Methode to sharpen the focus on key growth strategies, particularly in the area of power solutions, with a focus on data center business and power delivery and distribution products, anticipating the increasingly demanding requirements of very dense AI computing architectures.
SOUTHFIELD, Mich., Feb. 27, 2026 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced it will conduct a conference call and webcast on Friday, March 6, 2026, at 11:00 a.m. EST to review its third quarter fiscal 2026 results. President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik will lead the call.
CHICAGO, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.05 per share to be paid on January 30, 2026, to common stockholders of record at the close of business on January 16, 2026.
Methode Electronics (MEI) remains a hold as transformation progress is not yet reflected in profitability, with automotive losses offsetting industrial gains. Q2 results highlight deepening automotive segment losses and weakening revenue, while industrial margins and cash flow discipline provide some stability. Management maintains ambitious FY2026 guidance, but recovery is still speculative; cash flow improvement and plant initiatives offer cautious optimism.
All three of its reporting segments experienced sales declines. The steepest of these was 39%.
Methode Electronics, Inc. ( MEI ) Q2 2026 Earnings Call December 4, 2025 11:00 AM EST Company Participants Randy Wilson - VP of Global Treasury & Investor Relations Jonathan DeGaynor - President, CEO & Director Laura Kowalchik - VP of Corporate Finance & CFO Conference Call Participants Luke Junk - Robert W. Baird & Co. Incorporated, Research Division John Franzreb - Sidoti & Company, LLC Gary Prestopino - Barrington Research Associates, Inc., Research Division Presentation Operator Good day, and welcome to the Methode Electronics Second Quarter Fiscal 2026 Financial Results Conference Call.
CHICAGO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, today announced financial results for the second quarter of fiscal 2026 ended November 1, 2025.
CHICAGO, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting system, and power distribution applications, announced it will conduct a conference call and webcast on Thursday, December 4, 2025, at 10:00 a.m. CDT to review its second quarter fiscal 2026 results. President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik will lead the call.
Bailard Inc. purchased a new stake in shares of Methode Electronics, Inc. (NYSE: MEI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 51,344 shares of the electronics maker's stock, valued at approximately $488,000. Bailard Inc. owned 0.15%
CHICAGO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, will participate in a fireside chat at the Baird 2025 Global Industrial Conference on Tuesday, November 11, 2025. The presentation will begin at 10:15 AM Central Time.
San Diego, California--(Newsfile Corp. - November 6, 2025) - Johnson Fistel, PLLP, a leading stockholder rights law firm, has initiated an investigation into certain board members and executive officers of Methode Electronics, Inc. (NYSE: MEI) for potential breaches of fiduciary duties and violations of federal securities laws. Stock Purchasers Before June 23, 2022 Have Rights: Current stockholders who held their Methode Electronics stock before June 23, 2022, are encouraged to contact Johnson Fistel to discuss their legal rights in this matter.
SAN DIEGO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, has initiated an investigation into certain board members and executive officers of Methode Electronics, Inc. (NYSE: MEI) for potential breaches of fiduciary duties and violations of federal securities laws. Stock Purchasers Before June 23, 2022 Have Rights: Current stockholders who held their Methode Electronics stock before June 23, 2022, are encouraged to contact Johnson Fistel to discuss their legal rights in this matter.
SAN DIEGO, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, has initiated an investigation into certain board members and executive officers of Methode Electronics, Inc. (NYSE: MEI) for potential breaches of fiduciary duties and violations of federal securities laws.
CHICAGO, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.05 per share to be paid on October 31, 2025, to common stockholders of record at the close of business on October 29, 2025.
SAN DIEGO, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, has initiated an investigation into certain board members and executive officers of Methode Electronics, Inc. (NYSE: MEI) for potential breaches of fiduciary duties and violations of federal securities laws.
Methode allegedly misled investors on its EV transition, hiding Monterrey facility issues, staffing losses, and failures derailing revenue and guidance.