Matthews International Corp. reports developments from two core global businesses: Memorialization and Industrial Technologies. Memorialization news centers on memorials, caskets, cremation and incineration equipment, cemetery and funeral home customers, pricing, volume trends, acquisitions and productivity initiatives. Industrial Technologies updates include marking technologies, MPERIA® Axian Inkjet systems and proprietary dry battery electrode solutions for battery manufacturing.
Company releases also cover quarterly results, dividends on Class A common stock, debt refinancing and debt reduction, the Propelis brand solutions investment, governance actions approved at shareholder meetings and arbitration-related disclosures tied to dry battery electrode equipment.
Matthews International (Nasdaq GSM: MATW) will release second quarter fiscal 2026 earnings after market close on April 30, 2026 and hold a conference call and webcast on May 1, 2026 at 9:00 a.m. ET.
Management participants include President and CEO Joseph C. Bartolacci and CFO Daniel E. Stopar. A transcript and slide presentation will be posted in Investor Relations after the call.
Matthews Engineering (NASDAQ: MATW) and hs-tumbler announced a cooperation to develop trajectory mixing for scalable, solvent-free dry battery electrode (DBE) manufacturing.
The collaboration targets more homogeneous powder mixing, higher calender throughput, reduced contamination and improved safety, aiming to support elevated line speeds and consistent upstream powder preparation for DBE lines.
Matthews International (NASDAQ: MATW) said an arbitrator entered an interim decision on Feb 13, 2026, reaffirming Matthews' right to develop, produce, market and sell its proprietary dry battery electrode (DBE) solutions to third parties. The arbitrator denied Tesla's request for broad injunctive relief and rejected attempts to bar sales of Matthews' DBE technology and equipment. The decision includes a narrow injunction restricting use of certain parts in DBE machines, but Matthews says it already has replacement parts and does not expect material operational or sales impact. The company cited multiple foundational patents (including US12136727, US12237494, US12334534, US12418017) and said the ruling provides clarity for customers going forward.
Matthews International (NASDAQ: MATW) held its 2026 Annual Meeting on February 19, 2026, re-electing Thomas A. Gebhardt, Aleta W. Richards, David A. Schawk, and Francis S. Wlodarczyk to the Board.
The Board adopted amendments to the Articles of Incorporation to enhance governance and selected J. Michael Nauman as Chairman, succeeding Alvaro Garcia-Tunon, who retired.
Matthews International (NASDAQ: MATW) reported fiscal 2026 first-quarter results, with GAAP EPS $1.39 versus a loss of $0.11 a year ago. The company received $225.4 million from a warehouse automation sale, reduced consolidated debt by $174 million, and redeemed $300 million of 8.625% notes due 2027. Memorialization sales and adjusted EBITDA rose, aided by the Dodge acquisition. Industrial Technologies sales declined, citing engineering headwinds and an ongoing Tesla dispute. The company reaffirmed fiscal 2026 adjusted EBITDA guidance of at least $180 million (including a 40% share of Propelis).
Matthews International (NASDAQ: MATW) declared a quarterly cash dividend of $0.255 per share. The dividend is payable February 23, 2026 to shareholders of record on February 9, 2026. The Board approved the dividend at its regularly scheduled meeting.
Matthews International (NASDAQ: MATW) announced an agreement with activist investor Barington Capital under which Barington will withdraw its previously submitted director nominations and abide by standstill provisions and other restrictions. Company leaders said the outcome follows multi‑year engagement on a strategic review, corporate governance enhancements, balance sheet strengthening, and board composition changes. The parties said the full agreement will be disclosed in a Form 8‑K. J.P. Morgan Securities is serving as financial advisor and Sidley Austin LLP and Olshan Frome Wolosky LLP are serving as legal counsel to the respective parties.
Matthews International (NASDAQ: MATW) announced a notice of redemption for all outstanding 8.625% Senior Secured Second Lien Notes due 2027, with an aggregate principal amount of $300,000,000. The redemption date is January 22, 2026. The redemption price is 104.313% of principal plus accrued and unpaid interest to, but not including, the redemption date. A notice is being sent to all currently registered holders. This press release is stated as informational and does not itself constitute an offer or solicitation to purchase the Notes.
Matthews International (Nasdaq: MATW) will release first quarter fiscal 2026 earnings after market close on Tuesday, February 3, 2026. The company will host a conference call and webcast to discuss results and outlook on Wednesday, February 4, 2026 at 9:00 a.m. ET, with President & CEO Joseph C. Bartolacci and CFO Daniel E. Stopar participating and a Q&A to follow.
Dial-in phone: 203-518-9856 (Conference ID: Matthews). A webcast and slide presentation will be available, and a transcript will be posted afterward in Investor Relations.
Matthews International (NASDAQ: MATW) closed the sale of its European roto-gravure packaging and tooling businesses on Jan 7, 2026 for total consideration of $41 million. The consideration comprises $22 million of cash, $12 million of assumed debt and pension liabilities, and $7 million of seller financing. Cash proceeds of $18 million were received at closing and the remaining $4 million is due within six months. The sold businesses had adjusted EBITDA of approximately break-even for each of the past two fiscal years on sales of about $100 million per year. The company said all cash proceeds will be applied immediately to debt reduction.