Matthews Intl Corp Stock Price, News & Analysis

Matthews International (NASDAQ:MATW) reported its fiscal 2025 third quarter results, with GAAP earnings of $0.49 per share, up significantly from $0.06 in the prior year. The company achieved notable milestones including a $120 million debt reduction and the divestiture of its SGK business to form Propelis Group, retaining a 40% stake. Q3 sales were $349.4 million, down from $427.8 million year-over-year, primarily due to the SGK divestiture.

The Memorialization segment saw higher sales driven by The Dodge Company acquisition, while Industrial Technologies faced challenges due to Tesla litigation but maintains a growing quote pipeline of over $150 million. The company maintains its fiscal 2025 guidance of adjusted EBITDA of at least $190 million, which includes their 40% share of Propelis adjusted EBITDA.

Matthews International (NASDAQ:MATW) has declared a quarterly dividend of $0.25 per share on its common stock. The dividend will be paid on August 25, 2025, to shareholders of record as of August 11, 2025.

Matthews International (NASDAQ:MATW) has scheduled its third quarter fiscal 2025 earnings release for Tuesday, August 5, 2025, after market close. The company will host a conference call and webcast on Wednesday, August 6, 2025, at 9:00 a.m. Eastern Time to discuss financial results and outlook.

The earnings call will feature presentations from President and CEO Joseph C. Bartolacci and CFO and Treasurer Steven F. Nicola, followed by a Q&A session. A transcript of the call will be made available in the Investor Relations section of Matthews International's website.

Matthews International Corporation (NASDAQ: MATW) has acquired The Dodge Company for $57 million. Dodge is a leading North American supplier of embalming chemicals and related funeral home products. The acquisition strengthens Matthews Memorialization's position as a comprehensive supplier to funeral homes and cemeteries, complementing their existing portfolio of caskets, bronze and granite memorials, and cremation equipment.

Tim Collison will continue as Dodge's CEO under Matthews' ownership. The 132-year-old family business will maintain its current operations, with no changes to customer purchasing processes, sales representatives, or product offerings. The acquisition aligns with Matthews' strategy to provide a full range of death care industry solutions while preserving Dodge's established customer relationships and service standards.

Matthews International (MATW) has completed the sale of its SGK Brand Solutions business to a new entity formed with SGS & Co. The transaction terms include $350 million in upfront consideration, comprising $250 million in cash, $50 million in preferred equity, and $50 million in retained trade receivables. Matthews will maintain a 40% common equity stake in the new company.

The cash proceeds will be used to reduce Matthews' debt and strengthen its balance sheet. The new entity, led by former SGK Group President Gary R. Kohl as CEO, expects to achieve over $50 million in annual cost synergies and growth opportunities within 30 months. Matthews will report its investment using the equity method of accounting, with SGK no longer fully consolidated in the company's financial statements.

Matthews International (NASDAQ: MATW) reported Q2 fiscal 2025 results with consolidated sales of $427.6 million, down 9.3% from $471.2 million in Q2 2024. The company posted a net loss of $8.9 million ($0.29 per share), compared to net income of $9.0 million in the prior year.

Key highlights include:

• Significant increase in energy storage solutions customer quotes exceeding $100 million since February 2025
• Cost reduction programs on track to exceed $50 million in savings
• SGK transaction expected to close in May 2025, with $350 million upfront consideration plus 40% interest in new entity
• Updated pro forma consolidated adjusted EBITDA projection of at least $190 million for fiscal 2025

The company's performance was impacted by lower sales in Industrial Technologies and Memorialization segments, partially offset by higher SGK Brand Solutions sales. Management remains confident in unlocking shareholder value through strategic alternatives.

Matthews International Corporation (NASDAQ GSM: MATW) has announced its latest quarterly dividend payment. The company's Board of Directors declared a dividend of $0.25 per share on the company's common stock during their regular meeting on April 30, 2025.

Shareholders who are recorded as stockholders by May 12, 2025, will be eligible to receive the dividend payment, which is scheduled for distribution on May 26, 2025. This announcement represents Matthews International's commitment to providing regular returns to its shareholders through dividend distributions.

Matthews International (MATW) has received clearance for all remaining foreign anti-trust and competition authority regulatory requirements regarding the proposed sale of its SGK Brand Solutions division to a new entity formed by SGS & Co affiliates. This follows the February 2025 expiration of the Hart-Scott-Rodino Antitrust waiting period.

The transaction is expected to close before the end of the current fiscal quarter, subject to customary closing conditions. The company plans to use the cash proceeds primarily for debt reduction, with a portion now allocated for stock repurchases given the recent stock value.

Matthews International (MATW) has scheduled the release of its second quarter fiscal 2025 earnings results after market close on Wednesday, April 30, 2025. The company will host a conference call and webcast on Thursday, May 1, 2025, at 9:00 a.m. Eastern Time to discuss financial and operating results along with its outlook.

President and CEO Joseph C. Bartolacci and CFO Steven F. Nicola will lead the conference call, which will include a question-and-answer session. A transcript of the call will be made available in the Investor Relations section of the company's website following the event.