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Methode Electronics reports developments tied to its custom-engineered mechatronic solutions for OEM customers, including user interface systems, lighting, power distribution and sensor applications. The company serves transportation, cloud computing infrastructure, construction equipment and consumer appliance end markets through Automotive, Industrial and Interface segments.
Recurring news covers fiscal operating results, margin and sales commentary, transformation and portfolio-refinement actions, dividends, and investor conference appearances. Company updates also address power-solution strategy, facility-footprint actions, and completed divestitures such as the sale of the dataMate copper transceiver business.
NIRI Chicago has elected 10 officers and directors for the 2026-2027 term, effective July 1. Incoming president is Brooks O. Rennie, vice president and head of investor relations at Byline Bancorp (NYSE: BY). The chapter also confirmed executive officers, directors and thanked departing board members.
Methode Electronics (NYSE:MEI) reported fiscal 2026 Q4 and full-year results. Q4 net sales were $298.1 million, up 15.9% year-over-year, with net income of $0.4 million versus a prior-year loss. For 2026, net sales were $1,019.2 million (-2.8%), net loss $35.7 million, and Adjusted EBITDA $68.2 million (6.7% of sales), up 60.5%. Free cash flow was an inflow of $15.6 million versus an outflow in 2025. For fiscal 2027, Methode guides net sales of $1.025–$1.075 billion, Adjusted EBITDA of $72–$82 million, and capital expenditures of $25–$30 million, with free cash flow expected to be similar to 2026.
Methode Electronics (NYSE: MEI) will release its fourth quarter and full year fiscal 2026 results for the period ended May 2, 2026, on June 24, 2026, after market close.
A conference call and webcast will follow on June 25, 2026, at 11:00 a.m. EST.
Methode Electronics (NYSE: MEI) announced that its board approved a quarterly cash dividend of $0.05 per share.
The dividend will be paid on July 31, 2026, to common shareholders of record as of the close of business on July 17, 2026.
Methode Electronics (NYSE: MEI) will present at the Oppenheimer Industrial Growth Conference on May 4, 2026 at 2:15 PM Eastern Time. The live presentation will be webcast on the company's investor relations website at https://ir.methode.com.
A replay of the webcast will be available on the investor relations website after the event for on-demand viewing.
Methode Electronics (NYSE: MEI) appointed Arnie Jensen as Vice President of Global Operations, effective April 29, 2026. Jensen brings 25+ years of manufacturing and operations leadership across APAC, Europe and North America, with P&L, post-merger integration and turnaround experience.
The role creates a more integrated global operations structure to support Methode’s transformation into a leading supplier of innovative electronics solutions and to improve manufacturing capability, quality and delivery.
Methode Electronics (NYSE: MEI) declared a quarterly dividend of $0.05 per share, payable May 1, 2026, to shareholders of record at the close of business on April 17, 2026. The board approved the dividend on March 18, 2026.
Methode Electronics (NYSE: MEI) reported fiscal Q3 2026 net sales of $233.7 million, a 2.6% decline year-over-year, and a net loss of $15.9 million (6.8% of sales). Adjusted EBITDA was $7.3 million; the company narrowed FY26 sales guidance to $950M–$1.0B and lowered Adjusted EBITDA guidance to $58M–$62M. Management completed the sale agreement for the Harwood Heights facility and subsequently closed the sale of the dataMate business for $16 million. Cash flow remained positive with free cash flow of $10.1 million in the quarter.
Methode Electronics (NYSE: MEI) announced the sale of its dataMate copper transceiver business to Bel Fuse on March 5, 2026. The divestiture is intended to sharpen Methode's focus on power solutions, data center power delivery, and high-density AI computing architectures while supporting portfolio refinement and debt reduction.
dataMate will join Bel Fuse to continue development of data-over-copper solutions for enterprise networking, telecom operators, and industrial single-pair powered ethernet applications.
Methode Electronics (NYSE: MEI) will host a conference call and live webcast on Friday, March 6, 2026 at 11:00 a.m. EST to review third quarter fiscal 2026 results.
CE0 Jon DeGaynor and CFO Laura Kowalchik will lead the presentation. The live webcast is at https://ir.methode.com, with a replay available afterward. Teleconference dial-ins: (888) 506-0062 (U.S.) or (973) 528-0011 (international); participant code 901289. Participants are encouraged to log on about 10 minutes early.