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.
Methode Electronics (MEI) will host its first Investor Day on December 17, 2026, at the New York Stock Exchange in New York City.
The half-day event starts at 8:30 a.m. ET and will feature presentations from the CEO, CFO, Chief Strategy Officer and Senior VP of Global Automotive. The program will cover the company’s two-year transformation, strategic and growth priorities, integration of its businesses, and long-term financial, margin and capital allocation priorities. A virtual attendance option will also be available.
Methode Electronics (MEI) declared a quarterly cash dividend of $0.05 per share on its common stock, with the board approval announced on September 16, 2026.
The dividend will be paid on October 30, 2026 to stockholders of record as of the close of business on October 16, 2026.
Methode Electronics (MEI) reported fiscal 2027 first quarter net sales of $265.4 million, up 10.4% year-over-year, with a net loss of $11.4 million, or $0.32 per diluted share.
Growth was driven primarily by the Industrial segment, where net sales rose 27.0% to $156.8 million and income from operations increased to $31.6 million, or 20.2% of segment sales. Automotive sales were roughly flat at $105.7 million, with the segment loss narrowing to $11.7 million. Interface sales declined to $2.9 million, mainly due to the prior dataMate divestiture and consumer appliance roll-offs.
Adjusted EBITDA was $13.7 million, or 5.2% of net sales, compared to $15.7 million, or 6.5%, in the prior-year quarter. Free cash flow was an outflow of $10.9 million versus an inflow of $18.0 million a year ago. The company repaid $10.1 million of net debt, amended its revolving credit facility by extending certain maturities to October 2028 and reducing the facility to $375 million, booked new non-data center awards with approximately $75 million peak annual and ~$400 million lifetime revenue, and affirmed its fiscal 2027 guidance, including net sales of $1.025–$1.075 billion and adjusted EBITDA of $72–$82 million.
Methode Electronics (NYSE: MEI) will release its first quarter fiscal 2027 results for the period ended August 1, 2026, after market close on Wednesday, September 2, 2026.
The company will host a conference call and webcast on Thursday, September 3, 2026, at 8:00 a.m. EST to review financial and operational highlights.
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.